by Torzewski & McInerney, LLC | Aug 12, 2021 | Estate Planning
Many residents in New Jersey have wealth that they would like to leave to their children or other close relatives. The problem many run into is that they know that these relatives are financially vulnerable people. The fortune that they hope will assist their relative...
by Torzewski & McInerney, LLC | Jul 22, 2021 | Estate Planning
It seems that as time goes on, you have more assets you cannot see than assets that you can see. Rather than deciding which beneficiaries will receive your movie collection and the stack of money in your safe, you likely have movies on a digital platform and money...
by Torzewski & McInerney, LLC | Jul 16, 2021 | Estate Planning
When a parent or other loved one dies in New Jersey and leaves a will behind, circumstances may arise where a named beneficiary, or someone not named as a beneficiary, tries to challenge its contents. There are only a few circumstances under which individuals might...
by Torzewski & McInerney, LLC | Jul 7, 2021 | Estate Planning
Trusts are not only for the extremely wealthy. According to CNN Money, there are many types of trusts used for estate planning purposes. Choosing the best type for your estate planning needs entails having knowledge on how each operates and what they offer estate...
by Torzewski & McInerney, LLC | Jun 30, 2021 | Tax Planning
As an independent contractor, you have the responsibility to handle all income tax liabilities. The company with which you work will not pay the normal employer portion of taxes, which means you must do that when filing your taxes each year. SmartAsset explains you...
by Torzewski & McInerney, LLC | Jun 15, 2021 | Estate Planning
No one wants their family to fall into turmoil over an estate dispute. Nonetheless, despite the best intentions of decedents, surviving family members fight over wills, trusts and other estate administration issues all the time. A few steps you can take to reduce the...
by Torzewski & McInerney, LLC | Jun 10, 2021 | Estate Litigation
If you need to engage in estate litigation, you should have some legal standing in the case. In essence, this means you stand to gain or lose something in the court system. In the case of a will contestation, one of the most common instances of estate litigation, your...
by Torzewski & McInerney, LLC | Jun 8, 2021 | Elder Law
Becoming the carer of a parent with dementia, Alzheimer’s or other disability may be a tough choice to make. Do you want the responsibility of making all the medical and financial decisions? A guardianship happens when New Jersey’s Probate part of the Superior Court...
by Torzewski & McInerney, LLC | Jun 1, 2021 | Elder Law
When a parent grows old and physically or mentally infirm, the adult children of the family may need to consider forming a guardianship to protect that elder from harm and fraud. This is a common occurrence and the American Association of Retired Persons notes that of...
by Torzewski & McInerney, LLC | May 18, 2021 | Estate Planning
Most people planning their estates are trying to avoid probate court. Given that probate can take a very long time and is a public process, it makes sense why many people find the idea distasteful. However, some gambits to avoid probate cause more problems than they...