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July 2017 Archives

The importance of inheritance estate plans -- Part 1

An estate plan is a vital part of the future for people in New Jersey. It is often overlooked, but especially for those who do not have significant means. They might be under the impression that since there is not substantial assets to divide, wills are unnecessary. However, that is a mistake.

A special needs trust can help loved one who is disabled

A common concern for New Jersey parents is what will happen to their children after they have passed on. This issue is magnified if there is an adult child with a disability or health issue. Estate planning can address these matters and make sure that the adult child is cared for. It is important to know what steps to take to ensure that this is the case.

Proposed business partners in fantasy sports call off merger

New Jersey companies that are considering advancing their business goals by merging with or acquiring another company should make certain that the idea fits in with their corporate strategy and it is a viable plan. Mergers and acquisitions is an exceedingly complex area of the law with various aspects of it up for scrutiny from government regulators and resistance from shareholders. Companies that are thinking about an ambitious plan in this vein must be cognizant of what they are facing. One recent decision on the part of two large companies in the same business provides a window into the difficulty of such business maneuvers.

Preparing estate planning documents based on political realities

A common concern for New Jersey residents who have significant assets in their portfolio as they craft their estate plan is wealth protection. Part of that is keeping track of how the government is dealing with various issues that will affect them. This includes the health care plan that has been presented by Republicans and if there will be tax cuts. Those who are wealthy are currently holding off on estate planning because of these current issues.

Legal help with estate administration in New Jersey is vital

Losing a loved one is difficult in an emotional and personal way and this can be compounded by the financial ramifications and issues that must be navigated when dealing with a loved one's estate. New Jersey residents who are thinking about the inevitable future will undoubtedly want to prepare with organized estate planning. For this, it is essential to have advice from an experienced legal professional.

Protecting estates and children if there is a remarriage

New Jersey residents will want to make certain that they formulate a coherent and well-crafted estate plan to ensure that their loved ones are cared for after they are gone. These documents can address many different aspects of a person's life. Wills, trusts, the estate tax, to whom the inheritance will go - all are important. While it might be difficult to think about, a person who is creating an estate plan must account for the possibility that a spouse will remarry. Going beyond the emotional reality of this, there are financial ramifications to it and it can affect other heirs.

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