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estate planning Archives

Comprehensive estate planning must include periodic reviews

Once you get your estate plan together, you might think that you can file it away and forget about it. This isn't the case at all. You will need to review the estate plan periodically to ensure that it accurately reflects your family and financial situations.

Estate planning: Consider the impact of estate taxes

When you are creating your estate plan, there are many things you have to think about. One of these is how you will be able to pass along as much of your estate to your loved ones when you pass away. This means that you need to consider your debts, but it also means that you need to think about estate taxes.

Some backwards thinking is necessary in estate planning

Planning your estate doesn't have to be a taxing or difficult process. Instead, you simply need to decide what type of goals you have for the estate and work backwards from there. You can explore different types of estate plan components to help you determine which options might benefit your case. We can help you evaluate the options that apply to your case so that you can make an informed decision.

Good news for trust planners: Federal exemptions are higher

The new federal tax rules are great for wealthy people who are creating their estate plans. That's because, according to the new tax exemptions, you'll be able to pass your estate on to your loved ones federal estate tax-free as long as your estate isn't worth much over than $11 million.

Plan for your loved ones to live after you pass away

Many people don't think that they need to have an estate plan in place, but you just never know when your time is going to be up. It's best to have your plan in place now so that you can rest assured that your loved ones will be taken care of when you are gone. We understand that you might not be ready for this process right now, but we're here to help you walk through the steps.

Estate planning means making a future plan for your loved ones

Estate planning isn't something that you should put off. Even though it really a pleasant thing to think about, it is a necessary thing that you must handle. We can help you to get your estate plan put on paper so that you don't have to worry about what is going to happen to your loved ones if you pass away.

Take a lesson in estate planning from baby boomers

Baby boomers are getting older and many of them will end up with chronic health issues. There are some interesting lessons that everyone who is younger than this generation can learn from these remarkable individuals. One of the primary lessons that you need to pay attention to is having an estate plan ready.

Think beyond the will and trusts for your estate plan

While many people think that estate planning is a chore, there are some amazing benefits to getting your affairs in order now. You can't focus on only getting the will written out. There are several other things that you need to include in your estate plan.

Don't forget this person when planning your estate

New Jersey residents create their estate plans primarily for their heirs and loved ones. However, there is a vital aspect of every estate plan that has nothing to do with your heirs, and everything to do with you. If you neglect this component, you could live to regret it.

Jerry Lewis provides an important reminder about wills

There are times when a person will want to leave people out of his or her will. If the person is someone who would normally be listed in the line of succession for a person who dies without an estate, the will should explicitly state that the person is being intentionally left out of the will.

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