Blog: Estate Planning

Forbes recently published an article discussing the four most common myths about estate planning. One of those myths is that it is not necessary to revise an estate plan after establishing it. This myth was listed at number four, but it should have been at the top of the list. It is not only one of the most common myths, but also one of the most dangerous. In our busy lives, it is already a...

Life can change in the blink of an eye. As such, it is pretty safe to assume that things can change a great deal over the course of several years, including a person’s financial situation. This can lead to an heir receiving a much smaller inheritance or even no inheritance upon the death of a loved one. In many cases, beneficiaries of a deceased party are completely unaware of a decedent’s financial affairs. While the...

Many people in New Jersey have an opinion on what end-of-life medical care they would like to receive when the time comes. There are a variety of legal documents that a person can execute through estate planning, to ensure these wishes are met. Two of these documents are a power of attorney and a living will. A health care power of attorney is a document in which a person designates someone to make health...