Being named the executor of a will can be both an honor and a burden. For most people, acting as the executor means a loved one has died and you are carrying...
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Trust Basics for Trustees and Beneficiaries
The Basics A trust is an effective tool in estate planning. To create a trust, a person called a grantor specifies which assets go into the trust. The grantor...
Most Essential Estate Planning Documents
Every estate plan should consist of multiple documents which supplement one another. Exactly how many documents and what types you will need for your estate,...
What Happens to Your Pet if Something Happens to You?
The happiness of a great majority of American homes is increased by the presence of animals. No less than 70% of households in the United States have at least...
Will vs. Estate Planning: What’s the Difference and Why It Matters
It’s a common misconception that a will and an estate plan are the same thing. After all, everyday language is less precise than legal terminology, and many...
Do I Need a Pet Trust?
Do you think of your pet as a family member? If the answer is yes, it’s imperative that you create not just a pet trust but a rock-solid pet trust that...
What are the Five Components of Estate Planning?
A complete and up-to-date estate plan is something that every adult should have. The benefits of well-done estate planning are enormous - not only peace of...
Planning for Your Child with Special Needs: Why Special Needs Trusts are Important
Planning for Your Child with Special Needs: Why Special Needs Trusts are Important  Planning for their child's future is a top priority for any...
5 BY 5 POWER IN TRUST
5 BY 5 POWER IN TRUST What is a 5 by 5 Power in Trust? Â A 5 by 5 Power in Trust is a clause commonly used in trusts. By its inclusion, it allows a...
Special Needs Trusts for People with Disabilities
Special Needs Trusts for People with Disabilities What is a Special Needs Trust? A Special Needs Trust (SNT) is an estate planning tool that...
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Like-Kind Exchanges in Estate Planning
WHAT is a Like-Kind Exchange? A Like-Kind Exchange is a tool for real estate investors. However, anyone with a type of investment property can benefit from a Like-Kind exchange, and New Jersey residents engaged in their own estate planning should discuss the...
What Happens to My Child’s IEP When Transferring Schools?
Moving and changing schools can be challenging for any school-aged child, and especially so for children who are in special education programs. Parents or guardians must manage the needs of their children during this time even as they deal with the logistics of a...
What to Do if You Disagree with Your Child’s Proposed IEP
You’ve attended your child’s IEP meeting after the first marking period. Much to your surprise, the school staff informed you that your child’s performance is markedly different than what you have observed or expected. What is a Parent to Do? Go Prepared. In advance...
Can the Simultaneous Death Act Be Overridden?
In inheritance law, simultaneous death is a situation in which two people die within a short time and at least one of them would have inherited all or part of the other’s estate. While this is a relatively uncommon event, it poses several legal problems - the largest...
Duties and Responsibilities of a New Jersey Executor
Being named the executor of a will can be both an honor and a burden. For most people, acting as the executor means a loved one has died and you are carrying out their final wishes. It’s the final task you can do for that person. It’s a very special duty. However, the...