Understanding the Legal Rights of Same-Sex Spouses of Minor Children
Introduction What is the legal status of a non-birth spouse to a child(ren) born to their spouse during marriage? What happens if the birth …
Introduction What is the legal status of a non-birth spouse to a child(ren) born to their spouse during marriage? What happens if the birth …
Federal tax laws which allowed retirement accounts to remain tax deferred by allowing certain beneficiaries to delay the withdrawal of account funds over their …
A court in NJ is allowed in an action for the partition of real estate to “direct the sale of the real estate if …
We have clients who want to gift to their ownership in New Jersey Real Estate. These clients want to complete their gift in 2022. …
Just divorced? Getting divorced? Been divorced and haven’t done anything about changing key documents? Obviously, I think it is important that you review your …
In love with someone but don’t want to get married? There is an alternative to marriage in New Jersey. It’s called a Domestic Partnership. …
Are you or have you already bought into the crypto craze? If you don’t own cryptocurrency yourself, odds are you’re related to someone who …
This is the fourth and final article about beneficiary designation and NJ probate and estate planning. For non-retirement assets with beneficiaries correctly titled, your …
No one wants their life savings seized by creditors, but can you leave an inheritance to a child or loved one who has spending …
You may be eligible for a monthly check from the VA in many cases of between $1,200 and $3,252 per month (or more for …
This is the third post of a four part series on estate planning and beneficiary designations. I continue with my discussion of a beneficiary …
This is the second post on the subject of beneficiary designations and their importance in New Jersey probate and estate planning. Who Can Be …
The federal estate tax marital deduction is one of the most important estate planning tools available to a married couple. The basic marital deduction …
As you may be aware, the IRS allows tax deductions for qualifying charitable contributions. But the government has made charitable gifting a complicated area …
The majority of parents and grandparents set up their estate plans so that their children are significant beneficiaries. They also frequently distribute their assets …
Estate planning can be especially important for those persons with international ties. Typically, international estate planning issues come up in two contexts. First, there …
If you think your estate planning is done once you have signed a will or trust, think again. All your hard work can be …
Owners of family businesses often look forward to the day they will be able to retire and pass on the business to their child …
Irrevocable trusts are beneficial for estate tax purposes. They allow you to place your assets into a trust, potentially avoiding additional estate tax when …
Many couples and spouses fail to get serious about estate planning until they are well into middle age. By then, one or both of …
When creating either (or both) an estate plan or a power of attorney, an important decision involves who to name as your fiduciary. By …
Under the tax code, the general rules applicable to income tax returns apply to annual gift tax returns. That is, a 3-year statute of …
New Jersey law allows a spouse to waive his or her right to inherit the estate of a deceased spouse. A spouse’s premarital waiver …
The decedent owned several joint bank accounts with his wife. He died intestate, meaning he died without a will or trust in place. Under New …
A long-standing rule about how many IRA-to-IRA “rollovers” a taxpayer can make in a single year has dramatically changed. Read this post to avoid …
Recently, a client wanted to sign her Last Will but because of a stroke and inability to speak; she was unable to sign it. …
Warning: Your Selection Does Matter When creating an estate plan, especially in your will and/or trust, an important decision you must make is the …
When I meet with new clients, the first appointment is often with the children of aging parents. Commonly, they come to us just before …
A recent inquiry to my office illustrates the risks of a “do it yourself” last will. Here, the person used a common will software …
Can any trust beneficiary can compel a trustee to account? Does the type of contingency make a difference? While trust beneficiaries generally can seek …