Estate planners may have questions about what they should include in their estate plan and what they should include in their will. It is helpful for estate planners to have answers to these questions, know what to include in their will and if spouses should have...
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The attorneys at Ritigstein Law, are knowledgeable advisors who help clients achieve their goals in estate planning, probate, business law and litigation.
Inheritance tax is getting more news lately
Over the past decade or so, many states have been eliminating their inheritance tax. In fact, only five states still have an inheritance tax, including New Jersey, Kentucky, Maryland, Nebraska and Pennsylvania. Though, at least our state, unlike Maryland, does not...
What is substituted judgment in a guardianship?
When thinking about estate planning in New Jersey, most people will focus on wills and trusts. However, there are other aspects to having a comprehensive estate plan that suits an individual’s needs. If, for example, a person is concerned about the possibility of...
How to select the right agent for incapacity
Incapacity planning is an important overall part of the estate planning process. It ensures the estate planner will be taken care of according to their wishes if they become incapacitated and are unable to handle their own financial affairs or direct their own medical...
When should people update their estate plan?
Planning for one’s future in New Jersey is important. It is important to plan for events that may occur and to ensure that they will be protected if unexpected events occur. It is also important that people plan for one’s death. This is typically done through estate...
The mechanics of a special needs trust in New Jersey
New Jersey families with a member who is disabled and cannot work face a troubling conundrum: many government programs, such as Medicaid and Supplemental Security Income, pay significant monetary benefits to disabled persons, but eligibility for these benefits depends...
Important documents to include in an estate plan
It is difficult to think about the future when the present is so unexpected. Nonetheless, individuals in New Jersey and elsewhere should take the time to consider what they want for their future and what can be done now to protect it, especially when it comes to their...
Do I need an estate plan? (Part 2)
During our current economic climate, estate planning has become a hot topic. Indeed, last week, we analyzed several factors that may mean that one needs to craft an estate plan. And, this week, we will go over additional considerations. Estate size The most talked...
Do you need an estate plan?
Many Haddonfield area residents don’t think about estate planning until they’ve reached the age of retirement. This can be a mistake, though, as nearly everyone should have some sort of estate plan in place. What are the life stages where a person should consider an...
What are some considerations to think about when estate planning?
When preparing an estate plan, the estate planner should think thoughtfully and carefully about what they would like their estate plan to achieve and do for them and their loved ones. They should also be familiar with how an estate plan can help them accomplish their...
