An easy way to see if your estate plan still works
Your estate plan isn’t “set it and forget it”—it should evolve as your life, assets, and the law change. Review it every 3–5 years, or sooner after major events like […]
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What’s New with the Estate Tax After Trump’s Big Beautiful Bill
Significant changes were recently made to the federal estate tax, and the amount of money a person can gift or bequeath without owing an estate tax. When you die, your […]
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I lost my expensive will, now what?
A Last Will & Testament is one of the most important legal documents you will ever create. It outlines your wishes for the distribution of your assets after your death […]
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How to understand a NJ Durable Power of Attorney
Creating a durable power of attorney is essential for ensuring that someone you trust can manage your financial, legal, and personal affairs if you become incapacitated or unable to act […]
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What you need to know before you die in NJ owning guns
In New Jersey, guns are considered part of a deceased person’s estate and are subject to both state and federal laws. Here’s an overview of what happens to the firearms […]
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You need a Special Needs Trust in your Estate Plan
An estate plan is a cornerstone of financial security for families. For parents of an autistic child or a child with various disabilities, incorporating a special needs trust into their […]
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Five Essential Fiduciaries You Need in your Estate Plan
In estate planning, fiduciaries play a critical role in managing and administering various aspects of an estate, trust, or financial arrangement on behalf of someone else. These fiduciaries have a […]
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Should I make a 754 Election when a Partner Dies
If you just inherited a share of a partnership, you should strongly consider having that partnership make a “754 election” for federal tax purposes. What is a 754 election? A […]
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Do I Need to Timely File a Federal Estate Tax Return
If you are the executor of a decedent’s estate, you might be required to file a federal estate tax return. This filing is made on Form 706, which can be […]
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What you need to know about fiduciary accountings
Fiduciary accountings are a crucial component of administering trusts and estates. These accountings are used to track and report on the financial transactions and activities of trustees, executors, and other […]
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