Morris County Estate Planning And Litigation Lawyers
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Most people will not have to worry about paying estate taxes because the threshold is so high. But estate taxes are not the only taxation that may occur on your estate after your death. Your heirs may also face taxes on their inheritance. So, if you want to minimize...
A living will is a legal document that specifies the types of medical treatments you would like to undergo if you find yourself in a position where you cannot make decisions. This document also details your preferences regarding end-of-life and life-prolonging...
Many New Jersey residents fail to make estate plans, and they often cite the same reasons for failing to do so. Some people do not bother creating an estate plan because they feel as if they lack sufficient assets and therefore do not need to do so. Others neglect to...
In estate planning, the executor of an estate plays a very important role. Most people trusted with this role discharge their duties in full accordance with the relevant legal principles. However, some executors take advantage of the situation or lack essential...
A will often serves as a central piece of an estate plan. It often serves as one of, if not the first, testamentary document that ends up drafted. Some restrictions exist when New Jersey adults set about making their own will. For example, in order for the state to...
Thinking of end-of-life plans is never a pleasant subject. As difficult as it may be, it is a topic you should consider and discuss with your loved ones. An advance healthcare directive is a written document that states your wishes regarding medical treatment if you...
The court makes decisions about who will serve as a guardian. It also monitors and watches over the guardianship. But the court does not see everyday happenings. It cannot see everything that goes on. But family members will be privy to the regular interactions and...
One aspect of estate planning to consider is the taxes that your heirs will pay upon your death. Taxation can happen at various levels and in multiple ways. You should also plan with taxes in mind. One tax in New Jersey is the inheritance tax. This is a payment on the...
For many different reasons, isolation has become a significant problem for senior citizens in the U.S. recently. In fact, according to reporting from Consumer Affairs, 43% of Americans over the age of 60 claim to be lonely. Not only is this number sad, but it also...
When you set out to construct an estate plan, you do it with the intent that it will make things easier on your heirs after you die. Have you done enough to stop someone from coming in and challenging the will during probate? New Jersey law allows those with standing...
