Monthly Archives: May 2026
Do I Need a Living Trust in New Jersey If I Already Have a Will?
If you already have a will in place, you might be wondering, do I really need anything more? It is a fair question. For many New Jersey residents, a will feels like the cornerstone of estate planning. It outlines who receives your assets and who will handle your estate. But here is the catch…. Read More »
What Debts Must Be Paid Before Assets Are Distributed in a New Jersey Estate?
When a loved one passes away, many people assume assets are quickly passed down to heirs. In reality, the estate must first go through a process where debts and obligations are handled. In New Jersey, this process is guided by state probate law, and it follows a very specific order. So what does that… Read More »
Should I Make Beneficiary Designations If I Have a Will?
Many people in New Jersey assume that making a will is the only thing they need to do as far as estate planning is concerned, especially if they have a relatively simple estate. However, we want to emphasize that this is a common misconception. In fact, there are various other estate planning documents that… Read More »
What is End-of-Life Estate Planning?
Most of us are not thinking about the possibility of becoming disabled in the future, or being diagnosed with a terminal condition. As such, many New Jersey residents fail to engage in end-of-life estate planning, which means that they do not have important documents in place that concern their health care wishes, who will… Read More »
Are Electronic Wills Permitted in New Jersey?
If you want to make a will in New Jersey through which you name beneficiaries to inherit your assets, or to identify a guardian for your minor children or an executor of your estate, can you do this electronically? Many tasks are completed entirely online these days, without the need to handle hard-copy materials… Read More »
How Can I Transfer Assets to a Family Member without Incurring Tax?
Are you thinking about giving some of your assets to an adult child or grandchild, or considering ways of leaving these assets to them when you pass away? This might seem like a relatively straightforward thing to do, but depending on the value of your assets, there could be significant tax implications. For many… Read More »