Planning for the future can be a daunting process as it requires one to consider what will happen after his or her own passing. In addition to the complexity of looking at one’s mortality, it can also be difficult to account for all personal assets and determine what...
Estate planning
Estate planning mistakes could negatively affect your loved ones
Planning for the future is a deeply personal and unique process, one that is specific to the needs and objectives of the individual making the plan. While there is no one-size-fits-all approach to estate planning, every New Jersey adult will benefit from having...
Why do executors need to open an estate account?
Losing a loved one is never an easy event to go through. Even if the person’s passing was expected, time is often needed to work through the grief that this situation present. Still, when a New Jersey estate needs to close, it is important that the probate or estate...
Is life insurance important to estate planning?
Many New Jersey residents and most adults across the country have numerous questions when it comes to estate planning. Though you may know that you need a plan, you may not have a concrete idea of what your plan should include. In particular, the fact that there are...
Do you need help encouraging a loved one to estate plan?
New Jersey residents could benefit from having an estate plan for many reasons. Still, it is not unusual for people to put off planning or even decide that they do not need a plan at all. While creating an estate plan certainly is a personal decision, you may feel...
What estate planning steps should you take as a new parent?
Many New Jersey residents long for the day when they will become parents. You may have had this desire for as long as you can remember, and you felt ecstatic when your little bundle of joy arrived. Like all parents, you will face difficulties while raising your child,...
List a few executor candidates before making a decision
You likely understand that sifting through your possessions, handling your outstanding bills and distributing your assets after your passing will not be an easy job for anyone. As a result, you want to create a plan and leave useful instructions for your chosen...
4 common myths about estate planning
Many people avoid preparing their estate plan because they have heard too many negative anecdotes from friends or family members. They might have simply read something on social media and taken it to heart without considering the truthfulness or universality of one...
Be careful if you are considering disinheriting a child
No family is perfect. As much as we might wish that all of our family members get along with each other, conflict and estrangement happen. Sometimes, it is a parent and adult child who have a falling out that lasts for years, or possibly the rest of the parent's life....
The 4 essentials of an estate plan
You may have heard the phrase and thought it was bogus. You've moved on with your life, but the fact remains; estate planning is for everybody. The end goal for an estate plan is to your assets and property from the courts and make sure they end up in the right hands....