How You Might Lose Your Inheritance in New Jersey As your senior loved one begins to struggle with cognitive and physical decline, it is only natural to start wondering about your inheritance. Perhaps you know that your elder relative has set aside a considerable sum for you after their passing. Maybe you are going to […]
How Do You Know if You Can Trust a Trustee?
How Do You Know if You Can Trust a Trustee? If you have a trust, you are probably already aware that a great deal of responsibility lies on the shoulders of your trustee. This individual is essentially in charge of overseeing the entire trust after you are gone. Choose a trustworthy trustee, and you can […]
Ask an Estate Planning Attorney in New Jersey: Strategies for Estate Planning Following a Divorce (Part II)
Ask an Estate Planning Attorney in New Jersey: Strategies for Estate Planning Following a Divorce (Part I) This is a continuing series on strategies for estate planning following a divorce. Keep in mind that when a divorce action is commenced in New Jersey, an automatic restraining order is placed on all of the couple’s assets, […]
Ask an Estate Planning Attorney in New Jersey: Strategies for Estate Planning During a Divorce (Part I)
Many spouses take out life insurance plans and list themselves as beneficiaries to pensions, 401k plans, and other retirement benefits. The idea is to provide protection to the spouse and family in the event of a death. A divorce, especially if one of the spouses remarries, dramatically changes the couple’s original estate plan. While the […]