by Torzewski & McInerney, LLC | Feb 6, 2024 | Estate Planning
Probate can be a challenging process for families who are dealing with the loss of a loved one. Amidst the emotional strain, however, it is necessary to address the various tax issues that may arise after the death of a family member. Knowing what to expect when it...
by Torzewski & McInerney, LLC | Jan 25, 2024 | Tax Planning
In the realm of financial planning, staying abreast of tax laws is a cornerstone of securing your family’s financial future. The year 2024 brings about notable changes to inheritance tax and estate planning that warrant careful consideration for effective tax...
by Torzewski & McInerney, LLC | Jan 11, 2024 | Contested Guardianships
Guardianship is a legal arrangement where the state appoints one person to make decisions on behalf of another, often an adult whom the state deems incapacitated. The National Council on Disability reports that more than 1.3 million American adults had guardianships...
by Torzewski & McInerney, LLC | Dec 29, 2023 | Elder Law
The CDC estimates that approximately 10.3% of people living in New Jersey have a disability, and many of those people need help with their day-to-day life. Planning for the future of a loved one with special needs is an important task that requires careful thought and...
by Torzewski & McInerney, LLC | Dec 21, 2023 | Estate Litigation
Estate administration is a delicate process that requires transparency and integrity. The executor, appointed to carry out the deceased’s wishes, plays a key role in ensuring a fair distribution of assets. However, misconduct by an executor can jeopardize the entire...
by Torzewski & McInerney, LLC | Dec 14, 2023 | Estate Planning
Estate planning is an important aspect of managing your assets and allowing for a smooth transition of wealth to future generations. To prevent disputes among family members, you should approach estate planning with foresight and open communication. Preventing...
by Torzewski & McInerney, LLC | Dec 5, 2023 | Tax Planning
Starting a new small business is an exciting endeavor, but the complexities of tax planning can be overwhelming. As a new business owner in New Jersey, understanding the ins and outs of tax regulations is important for financial stability. 1. What business taxes does...
by Torzewski & McInerney, LLC | Nov 30, 2023 | Estate Planning
Your will is likely one of the first documents you created during the estate planning process. This document allows you to designate beneficiaries for your assets and if you have minor children, name a guardian for them. Ensuring your will reflects your current wishes...
by Torzewski & McInerney, LLC | Nov 14, 2023 | Estate Litigation
After someone has died, the assets and debts owned by the decedent form an estate. Probate is the legal process of distributing estate property to heirs. However, sometimes creditors make claims during probate to estate assets due to unpaid debts. Matters can become...
by Torzewski & McInerney, LLC | Nov 2, 2023 | Elder Law
According to the U.S. Census Bureau, in 2020, about one in every six people was over the age of 65. As loved ones age, their well-being and protection become paramount concerns. Aging parents may face various challenges, including cognitive issues that require you to...