Blog Category: Estate Planning & Administration
New Jersey Trust Administration Made Simple
Aug 8, 2023 | Written by: | Share
If you are designated to serve as the Trustee of a Trust established either in a Will or in a Trust Agreement, the first step is to accept the Trusteeship. Once the Office of Trustee is accepted, you...
Estate Administration Made Simple
Aug 2, 2023 | Written by: | Share
We frequently receive calls from prospective clients who have been designated to serve as an Executor for the estate of a relative or close friend who has passed away. We provide legal advice and...
Estate Planning Simplified
Jul 25, 2023 | Written by: | Share
Estate planning can be a complex undertaking. However, for the vast majority of clients, estate planning is relatively simple. That is to say, if estate tax shelter planning is not needed, and if all...
How to Avoid the Requirement of Posting an Administrator’s Bond in NJ
Nov 7, 2022 | Written by: | Share
New Jersey law requires that a person applying to be appointed to serve as the personal representative (executor or administrator) of an estate post an Administrator’s Bond to collaterally secure...
How to Probate the NJ Property of an Out-of-State Decedent
Nov 3, 2022 | Written by: | Share
If a non-resident decedent dies owning real property in New Jersey, then an ancillary administration of the decedent’s estate to appoint a New Jersey administrator must take place in the county...
Estate Planning for Blended Families
Sep 24, 2021 | Written by: | Share
Many families include children from prior spousal relationships. During the lifetimes of both spouses, joint decisions can easily be made regarding family finances that are fair to all concerned....
Special Trusts for Special People
Aug 26, 2021 | Written by: | Share
My previous blogs have addressed the question of what type of estate plan might best suit your family. Estate planning for the modern family tends to be efficient and beneficial for traditional...
Who Needs an Estate Plan?
Jul 23, 2021 | Written by: | Share
Often people believe that only the wealthy require an estate plan. The fallacy of this belief lies in the fact that not all that glitters is gold. Most people treasure their coveted relationships...
Retitling of Assets is Critical to Your Estate Plan
Jun 17, 2021 | Written by: | Share
The estate-planning process is completed in several stages. Initially, I meet with clients to discuss their estate planning objectives. Next, I prepare draft estate plan documents for them to review....
Estate Planning to Protect the Family Legacy
May 5, 2021 | Written by: | Share
The legal practice area known as “Estate Planning” is quite broad. It includes the preparation of estate planning documents as well as the development of gift tax planning strategies designed to...