The Client Care Program, now in its seventh year, was created to give our estate planning clients an opportunity to have their Last Wills, Powers of Attorney, Advance Directives for Healthcare or Living Wills, and other documents, reviewed in light of present-day law and opportunities.
If there is no Last Will and Testament appointing an Executor, or if none of the people named as Executor in a Last Will are able to act, then the appointment of an administrator will be necessary to administer the estate. Who will be
A Power of Attorney and a Health Care Power of Attorney for Young Adults Peace of Mind for Parents and A Measure of Safety for College Students A Power of Attorney and a Health Care Power of Attorney are important documents for young adults to prepare. Once
Deeds to real estate, especially for your house, are known to be very important documents. Many consider changing a deed in order to ensure that their house gets passed to the next generation or some other significant person. This must be done with some foresight,
Bob Shanahan has been named Volunteer Guardianship's Volunteer of the Year. Bob Shanahan “Please join Volunteer Guardianship One on One in honoring Robert J. Shanahan, Jr., Esq., who has been an active volunteer in the Hunterdon County community for the past 24 years.
A Last Will and Testament, if properly drafted, indicates how you would like your assets distributed to your heirs, appoints an Executor to carry out your wishes, and should indicate who has authority over the disposition of your remains. In New Jersey, it can be
Identity theft continues to be a serious problem, and it is one with which we should be very concerned. Recently, I invited David B. Watts, an experienced private investigator and author https://www.accidentalpi.com, to speak to my firm’s Client Care Program members Data Collection Via Your
Inheritance tax will be the last remaining “death tax” in New Jersey, as of January 1, 2018. On that date, the state’s estate tax will disappear. New Jersey Inheritance Tax NJ Inheritance Tax: Who's paying? The “Transfer Inheritance Tax” is assessed against inheritances
Can the terms of a Will be changed to make them “fair”? Let’s say that a parent has died. Under the terms of the parent’s Will, one of four children is disinherited. The child and parent did not get along, and, for good reason. The
“Control over my funeral” is becoming a developing issue in my practice. Funeral directors have asked me to sign statements that I have such authority when I have buried my wards as a court appointed guardian. Now, family survivors are disagreeing over the disposition of
Probate versus non-probate assets must be understood in order to draft a proper estate plan. Your Last Will only controls probate assets. Your non-probate assets could upset the intent you expressed under your Last Will if not properly identified, reviewed, and titled. Probate versus Non-Probate
You could knock me over with a feather. I never thought I would live to see the day when the New Jersey Estate Tax would be repealed, but both houses of the legislature in Trenton passed a repeal bill, and Governor Christie signed it. (www.state.nj.us/treasury/taxation/njestatetax.shtml)