by Torzewski & McInerney, LLC | Feb 22, 2023 | Elder Law
As your loved ones age, you may begin to notice normal signs they are getting older. Some of these, such as moving more slowly or not being as quick mentally, can be normal. But other signs could indicate a serious issue. Dementia is a mental disorder that typically...
by Torzewski & McInerney, LLC | Feb 7, 2023 | Tax Planning
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...
by Torzewski & McInerney, LLC | Feb 2, 2023 | Estate Planning
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...
by Torzewski & McInerney, LLC | Jan 25, 2023 | Estate Planning
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...
by Torzewski & McInerney, LLC | Jan 11, 2023 | Estate Litigation
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...
by Torzewski & McInerney, LLC | Dec 28, 2022 | Estate Planning
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...
by Torzewski & McInerney, LLC | Dec 15, 2022 | Elder Law, Estate Planning
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...
by Torzewski & McInerney, LLC | Dec 13, 2022 | Contested Guardianships, Estate Planning
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...
by Torzewski & McInerney, LLC | Nov 29, 2022 | Tax Planning
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...
by Torzewski & McInerney, LLC | Nov 14, 2022 | Estate Litigation, Estate Planning
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...