How to Challenge a Trust in New Jersey
If you are the beneficiary of a revocable trust, the law only allows a limited period of time to contest it. Retain an attorney today.
Explore the Common Reasons for Probate Disputes
What Are Common Reasons for Probate Disputes? The average will takes about six to nine months to go through probate court. However, if there are disputes, this process can drag out for years. If you want to keep your heirs from dealing with the stress of a lengthy probate, you need to avoid making these mistakes....
How Your Grandchildren Factor Into Estate Planning
It’s highly important to consider the various estate planning options for your grandkids to ensure you’ve set up their future once you’ve passed away.
Common Mistakes When Setting Up a Trust
Before you set up a trust, learn about these five common mistakes that people make to ensure your assets are preserved and protected.
Planning Your Estate for Long-term Care Via Medicaid
You can plan your estate so that you can have access to Medicaid for long-term care while still protecting assets that would otherwise have to be liquidated.
Should You Contest a Deceased Person’s Will?
A will contest may help you obtain a portion of a parent or friend’s estate. However, pursuing one may also cause conflicts with people you care about.
Can You Contest a Will That Leaves Your Parent’s Money to a Charity?
Though rare, it is possible to contest a will leaving your parent’s money to charity instead of you. Check out some valid reasons for contesting the will.
Advantages and Disadvantages of an ILIT
Based on a permanent life insurance policy, an ILIT can reduce tax obligations, provide greater control over certain assets and enhance privacy.
Trusts Help You Avoid Federal Taxes
Avoid Federal Estate Taxes With Trusts If you want to transfer your wealth to your heirs, you need to know how to avoid federal estate taxes. The current federal estate tax exemption stands at $11.7 million, and thus very few estates are subject to the tax. Even so, there are ways to minimize the burden. What Are...
When Should the Irrevocable Trust Be in Place?
There Are Basically Three Reasons to Use an Irrevocable Trust Did you know that an irrevocable ttrust cannot be modified, amended, or terminated without the permission of the beneficiaries? Set up to minimize taxes as well as other reasons, the grantor legally removes their rights to ownership. As an estate planning...