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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Durable Power of Attorney – What You Need to Know
A durable power of attorney (DPOA) is a legal document that grants someone else the authority to make financial and legal decisions on your behalf if you become incapacitated. Top […]
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Do I need to file a New Jersey Inheritance Tax Return
While New Jersey no longer has an estate tax, which is a tax based on the overall size of an estate, New Jersey still taxes certain transfers at death. This […]
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