Estate taxes, also known as death taxes, are some of the most loathed of all financial burdens placed on American citizens. These taxes affect the beneficiaries of an estate or the estate itself and typically must get paid as part of the administration of the estate....
Month: February 2020
Take the plunge: Get your final affairs in order
You’ve put it off for as long as possible, but it’s time to get your estate planning done. You love your family, so don’t leave them with a mess to sort out after you’re gone. Now that it’s tax time, consider putting some of your return toward your will and other...
Mistakes to avoid when naming a guardian for your loved one
You have a dependent relative who is precious to you, and you naturally want to secure their future -- even if you aren’t here to see it. But picking a guardian in case you aren’t around to take care of your parent, mentally-impaired relative or special needs child...
Why funding a trust with your home can protect it as you age
Having your name on the title to your home can be a source of intense pride. Many people can think back to the day that they signed the deed that made them the official owner of their property. The thought of taking your name off of one of your most important assets...
Early plans for long-term care can protect your family and legacy
Far too many people put off important long-term care planning tasks until the last minute. It is unquestionably unpleasant to have to consider not only the potential for your future death but also the health decline that often comes with advanced age. It is a common...
What all New Jersey families should learn about conservatorships
The two terms guardianships and conservatorships often confuse families in need of solutions for their elder loved ones. In some states, these two terms mean the same thing, but in New Jersey, there are some subtle, yet important, differences. Our estate planning and...