When creating an estate plan, individuals in New Jersey and elsewhere need to make some difficult decisions. While this often means considering what will happen with one’s property and assets after his or her death, it also requires one to name an individual to manage...
Effective And Efficient Attorneys For Your Personal And Professional Needs
The attorneys at Ritigstein Law, are knowledgeable advisors who help clients achieve their goals in estate planning, probate, business law and litigation.
Three estate planning myths debunked
Many people wait too long to begin planning their estate. This is part of the reason there’s over $50 billion of unclaimed cash floating around the United States. Part of the reason people put off estate planning is because of its unpleasant association with dying....
Estate and inheritance taxes and how they affect estate planning
One of the things that many people forget about when estate planning is state taxes. While many know about federal taxes, sometimes they forget about state taxes. In New Jersey, depending on when the person passes, there may be two, estate and inheritance taxes....
Named an executor? Now what happens?
When someone names you the executor of his or her estate in New Jersey, it is a large responsibility. You will not typically have to do anything until the person dies, but upon the person naming you the executive, there are some things you should consider. The main...
Serving as the executor of an estate
You may have felt honored when your family member asked if you would be willing to accept the role of executor of his or her New Jersey estate plan. Now that you actually have to fulfill the duties, it may seem a little intimidating. We at Ritigstein Law, LLC, often...
Estate planning that involves blended families
The objective a thoughtful estate plan is to address the unique and sometimes pressing needs of a client and their family. Some plans are straightforward because there is only a single child or spouse, but the high rate of divorce means that many drafting a will,...
How do we choose our child’s guardian?
No parent likes the thought of passing away and leaving their child in need of care. It's a terrible hypothetical, but one that families should be prepared for in the event of a tragedy. Whether your child is a minor or an adult without the capacity to care for...
The creation of a special needs trust could benefit your family
Estate planning is a crucial step for every New Jersey family, but your family may have special needs that you should address with your estate plan. If you have a special needs child or you have a family member who will not be able to care for himself or herself in...
Find out what mistakes could derail your estate plan
Estate planning is an important step for all New Jersey adults, regardless of the size of their estates. You have worked hard to build your estate, save for your future and build wealth to leave your loved ones, and you have the right to decide what happens to it....
Will your probate get stuck in the mud?
Probate is one of those mysterious events that most people misunderstand. You may have heard from others that the purpose of estate planning is to avoid probate. While planning well to avoid probate may spare your estate some money in the form of taxes, few people...
