The beneficiaries and heirs to your estate can suffer quite an overwhelming loss in the event of your death if you have not made arrangements for proper estate planning. A revocable living trust can help to ease some of the pain and burden during this particularly difficult time for your
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The confusion and frustration of having to deal with inheritance tax can be quite overwhelming when dealing with the loss of a loved one. Heirs can suffer quite a lengthy process and experience quite a financial loss if you have not properly planned your estate. Many people do not think
Well if you are, I’m jealous! Being a trust fund baby typically means you will not need to worry about making money of your own during your life. Your wealthy parents may have set up a trust fund of some type for you which was handed over to you when
A living will is slightly different from your last will and testament. This particular type of will is designed for those who are receiving medical treatment or will in the future, and want to be able to express their desires regarding treatment when they are no longer able to speak
Have you given much thought to the welfare of your children should you pass away? Are you taking care of elderly or long term disabled individuals? What will happen to them? Who will look after them? Many people don’t give this enough thought and fail to plan, but you can
The Probate Court of NJ and its processes can be a confusing and frustrating exercise for families already dealing with the loss of a loved one. Heirs can be forced to wait months, even years to get final disposition of the estate, even when a proper will exists. Your goal
by Frank Campisano
People are often intimidated by the concept of a “trust” or trust fund because of the common perception that trusts are extremely complicated legal devices. Although it is often true that certain trusts can indeed be intricately structured to accomplish particular purposes, the fundamental components ofby Frank Campisano
New Jersey residents are generally unaware of the potential for the assessment of New Jersey estate taxes on their estates. Although the current Federal exemption of $5,250,000.00 is more than adequate to shield most estates from Federal estate taxes, New Jersey has a relatively low estate
By necessity, Medicaid, which was intended to provide assistance to impoverished citizens, has become the default long-term care insurance for the middle class.
Consider this: The average cost of institutionalized nursing care in New Jersey is between $7,500.00 and $12,000.00 per month. Contrary to popular belief, Medicare does not provide
A comprehensive estate plan resolves a number of legal questions that arise whenever anyone dies: What is the state of their financial affairs? What real and personal property do they own? Who gets what? Does a personal guardian need to be appointed to care for minor