Your New Jersey Estate Plan Review Checklist Part 3

Fredrick P. Niemann, Esq., NJ Estate Planning Attorney What authority does the Trustee have to distribute the assets in the trust? Is the Trustee’s authority to make distributions limited to health, maintenance, education and support, or are distributions within the Trustee’s total discretion? If the beneficiary is also serving as Trustee, then distributions to the […]

Your New Jersey Estate Plan Review Checklist Part 2

Fredrick P. Niemann, Esq., a NJ Estate Planning Attorney Do you own assets held in joint accounts, or where you have a named beneficiary? These assets will not be distributed in accordance with your Will. Instead, all joint assets will pass to the surviving joint owner, and all assets with a beneficiary designation will pass […]