by Torzewski & McInerney, LLC | Sep 4, 2020 | Tax Planning
One of the most important elements of estate planning is ensuring that upon your passing, your beneficiaries in Morristown are not left having to deal with a large number of liabilities facing your estate. Thus, you may plan to settle your outstanding debts and even...
by Torzewski & McInerney, LLC | Aug 27, 2020 | Tax Planning
When most people plan for retirement, tax planning is not one of their major concerns. After all, paying taxes might seem like an unavoidable consequence of earning money. This is true, but there are ways to reduce your tax debt in retirement. If you manage to...
by Torzewski & McInerney, LLC | Aug 14, 2020 | Estate Planning
When two people with children from prior marriages or relationships get married to each other, many issues may arise that require care and clear attention. One topic remarrying partners should address early on is estate planning. One person may need to keep a former...
by Torzewski & McInerney, LLC | Aug 10, 2020 | Estate Planning
Every family is unique, and as blended families become more common those unique concerns can impact many aspects of their lives. This is especially true when parents create their estate plans. While these plans are a necessary way for many to protect their loved ones,...
by Torzewski & McInerney, LLC | Aug 6, 2020 | Estate Litigation
Executors are responsible for handling an estate’s assets. When it comes to estate administration, this may involve the settling of debts, the payment of taxes, and distributing assets to named beneficiaries. The role of an executor is important, which is why...
by Torzewski & McInerney, LLC | Jul 10, 2020 | Estate Planning
Everything has been signed, sealed and stored in a safe place. Most New Jersey residents may believe that once they’re done with estate planning and put the papers away, that’s it. But what if things happen in life and those papers still sit there untouched? It could...
by Torzewski & McInerney, LLC | Jul 8, 2020 | Estate Litigation
Closing out a loved one’s estate, whether the process is completed in New Jersey or elsewhere, is not necessarily easy. Even if the deceased did everything right and created an estate plan that included the designation of an executor, the actions of the executor may...
by Torzewski & McInerney, LLC | Jul 1, 2020 | Elder Law
Numerous New Jersey residents choose to give away some of their money as gifts to various institutions when they die. Does this mean that these institutions can use the assets however they want? Not necessarily. If restrictions are put on the gift and it comes to...
by Torzewski & McInerney, LLC | Jun 16, 2020 | Estate Planning
Putting together an estate plan can feel like a daunting task. There are so many estate planning documents available; many New Jersey residents may not know which ones they actually need. Here’s the thing — there is no one-size-fits-all estate plan. The various...
by Torzewski & McInerney, LLC | Jun 13, 2020 | Firm News
You want to ensure that your estate plan provides for those you love, but having a blended family can complicate matters. Here are six tips designed to limit the potential for conflict over your estate plan after you are gone. 1. Establish a trust Perhaps you have...