Top 3 reasons to update your estate plan
Feb 28, 2013
There are main reasons to schedule an appointment with an estate planner. I have narrowed it down to my top three. If your family dynamic changes, the law changes or its been too long since you last re...
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Duplicate Original Wills
Nov 29, 2012
I have spoken with people who drafted their own will and think "Wouldn't it be easier if all of my children have a copy of my will? That way they wouldn't have to locate it after I pass." That may be a...
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Who Can you Trust
Sep 23, 2012
Once you have decide to create a trust,a legal document that leaves property and other assets to your heirs, you then must decide who will be administrating this trust after you pass. This person will ...
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When does a Power of Attorney need to be refreshed in NJ
Sep 10, 2012
In New Jersey,a power of attorney (POA) given to someone other than a spouse or civil union partner such as banks and other financial institutions may reject the power if it is over ten years old.
All ...
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How estate tax laws afftect non-citizens
Sep 10, 2012
I have spoken to several people lately about why an immigration status affects one's estate planning. To me, there are many benefits of being a US citizen, here is just another.
Estate tax laws permit...
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How a Haircut can lead to a tax deduction
Apr 25, 2012
You wouldn't know it to look at me, but I have really long hair. Its not quite Repunzel like, but its long enough. The reason why you wouldn't know this is because I always keep it tied up or cov...
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ILITs
Apr 22, 2012
I had a wonderful meeting with Daniel Israel who works for New York Life. This meeting started me thinking how little people know about how life insurance can help you plan your estate and insure your ...
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Executor's Commision in PA
Mar 25, 2012
Every will must designate an executor. While some people think it is an honor to be named, in reality it involves a lot of work to make sure that the testator's wishes come to fruition and that state l...
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Irrevocable v. Revocable Trusts
Mar 22, 2012
Irrevocable v. Revocable Trusts
The difference between these types of trust is vast and can be used to accomplish your personal estate planning goal.A Revocable Trust allows a person to amend, change ...
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NJ law on fiduciary's commission
Feb 20, 2012
Statute NJ SA 3B 18-13 states:Commissions in the amount of 6% may be taken without court allowance on all income received by the fiduciary. For the purposes of this section, income which is withheld fr...
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