Incapacity planning is an important part of estate planning for all New Jersey residents. Some people try to accomplish this in the easiest way possible when it comes to their bank and investment accounts. Having a joint tenancy account is one way to ensure that you...
Month: August 2021
What to consider when leaving assets to children
It's not uncommon for parents to want to pass assets such as a New Jersey home to their children after their passing. However, there are many variables that you must consider when deciding how to transfer items to your sons or daughters. Ideally, you will take into...
Should you file a formal or informal workers’ comp claim?
A person who is injured at work in New Jersey may file a formal or informal workers' compensation claim. A common myth is that there is only one method of filing a claim or lawsuit. By learning about formal and informal claims, an injured worker in New Jersey can be...
4 common car accident injuries
Nearly all car accidents that happen in New Jersey result in some bodily injury. Even a minor fender-bender can have a physical and emotional impact on the vehicle occupants. Following is some information about the most common types of injuries experienced by victims...
Is it time to make changes to your estate plan?
Devising an estate plan might not be as challenging as some assume. Investing the right amount of time and effort could lead to creating a comprehensive estate plan that is legal under New Jersey law. The various documents may remain legal years after initially...
What is New Jersey’s Inheritance Tax?
Some states have varying inheritance taxes, and New Jersey is no exception. Indeed, virtually every state has some sort of inheritance tax, and no two states have the same type of tax. New Jersey has some very specific tax laws that can impact how much money your...