What is the best way to inherit intellectual property?
There is a right way and a wrong way to inherit intellectual property. When a person dies, their assets, including […]
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What are the best asset protection strategies to consider?
There are many asset protection strategies to consider when seeking to protect assets from potential creditors. These strategies include utilizing: […]
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Electronic Wills in New Jersey
On June 27, 2022 the Uniform Electronic Wills Act (S2923) was introduced in the New Jersey Senate. The Bill has […]
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New Jersey Court rules on Trustee Resignation Letter
On June 2, 2021, the New Jersey Appellate Division (DOCKET NO. A-2663-19; Judge Moynihan) upheld the judgment of the trial […]
Read More TextSECURE Act Changes to IRA Distributions
The SECURE Act made sweeping changes to IRA distributions affecting estate plans for decedents dying on or after January 1, […]
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IRS Rules Under Section 2511 that Transfers to Irrevocable Trust are Incomplete for Purpose of Federal Gift Tax
In the only private letter ruling addressing incomplete gift, non-grantor trusts (“INGs”) in 2020, the IRS ruled that the subject […]
Read More Text2021 New Jersey & Federal Estate Tax Update
New Jersey has no effective estate tax, which means that transfers on death are not subject to a tax based […]
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What Happens When an Estate has Insufficient Cash to Pay the Gifts the Decedent Wanted to Make?
Under New Jersey law, a testamentary gift of specific property will lapse (i.e. adeem) when that specific property is no […]
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Are Promises to Make a Will Enforceable?
Can a person give up his or her right to make a will? Are promises to make a will enforceable? […]
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The Wrong Way to Challenge a Will
While there may be several good ways to go about challenging a decedent’s last will and testament, in In the Matter […]
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