Blog
- Avoid these three estate planning mistakes
Jan 8, 2021
Developing an estate plan can be a challenging task. It forces individuals to make uncomfortable decisions centered around their own mortality. For this reason, many people hurry through the process and then try to ignore the documents. Failing to update various aspects of your completed estate plan, however, is a serious error in preparation. Avoid these three mistakes and you can keep your plan accurate and up to date. Failing to account for changing relationships:...Read More - Establishing a guardianship in New Jersey
Jan 4, 2021
In situations where a person is incapacitated and cannot make decisions for themselves, a New Jersey court can appoint a legal guardian to act on that person’s behalf. The court may determine a person is incapacitated if he or she has a mental or physical illness, developmental disability, suffers from chronic drug or alcohol abuse or other concerns that render him or her incapable of acting independently. Establishing guardianship To establish a guardianship in New...Read More - What happens when a trademark is infringed?
Dec 21, 2020
Between 50 to 70% of people across the country do not have a will. Many New Jersey residents who fall into this category may think they don’t need a will, but this could not be farther from the truth. Regardless of one’s wealth level, they most likely have some assets or property that they have an emotional attachment to and want to pass on to loved ones. A will, a legal document that details the...Read More - Understanding New Jersey’s law on non-disclosure agreements
Dec 3, 2020
Non-disclosure agreements are a popular method used by businesses and celebrities to protect information from public disclosure. Such agreements are commonly used by both small and large businesses in New Jersey to protect their proprietary information from snooping by competitors. They are also used in the aftermath of a lawsuit that has been settled to prevent the parties from disclosing the details of the claim and the terms of the settlement. A seismic shift in...Read More - Remarrying New Jersey couples need to consider estate planning
Nov 17, 2020
When a New Jersey couple decides to get remarried they probably don’t consider the importance of estate planning. Generally, considering one’s assets and other important matters after their death is usually the farthest thing from an engaged couple’s mind. However, if a couple gets remarried and doesn’t update their existing estate plan it can be a recipe for disaster. In the midst of planning a wedding, it can be hard to think about estate planning,...Read More - How to start the estate planning process
Nov 3, 2020
Unfortunately, this year has been marked by death. It is all around us, and if one turns on the TV or opens a web browser, it dominates the news. And, especially for those of us with kids, there is a drum beat to get an estate plan done, sooner rather than later. However, it is hard to know where to start, so this blog will be that stepping stone for our Haddonfield, New Jersey, readers...Read More - Don’t forget to include digital assets in your estate plan
Oct 30, 2020
Individuals of all ages need to take the time to develop a comprehensive estate plan. This set of documents allows people to determine and clearly state inheritance, powers of attorney, trustees, guardians and countless other factors. It is crucial, however, to remember to include instructions surrounding digital assets as well as physical ones. As years go by, people are starting to take more and more advantage of digital assets based on their convenience and ease...Read More - Deciding which business structure is best for your business
Oct 16, 2020
For New Jersey business owners who are just starting out, choosing a business structure can be a difficult decision. Each type of business structure has its pros and cons, so it may be beneficial to speak with a small business law attorney to help determine which structure is best for you. What are the main types of business structures? There are a few business structures for business owners to choose from. Most businesses in the...Read More - Requirements for an advance health care directive
Oct 2, 2020
It is a misconception that estate planning only involves executing a will. While a will is an important legal document for New Jersey adults to draft and execute, there are other tools that individuals can and should consider creating in order to protect their interests. One of those documents is an advance health care directive, and this post will discuss them in more detail. What is an advance health care directive? Many people plan for...Read More - Dying without a will: Who gets what?
Sep 17, 2020
A will lays out how a New Jersey resident wants their property distributed upon their death. This means if someone dies without creating a will, the intestacy laws of that state dictate how property will be handled. This means the decedent’s bank accounts, real estate, securities and all other assets will be allocated to someone in a manner the decedent had probably not intended. Intestacy laws differ state by state and whether the person was...Read More
MEET ATTORNEY MICHAEL D. RITIGSTEIN
Michael Ritigstein is a Founding Partner of the firm concentrating his efforts in supporting the firm's litigation, corporate and estate matters. Mr. Ritigstein graduated from the University of Delaware in 1996 and Seton Hall University School of Law in 2000. In 2007 he received a Masters of Law in Taxation with a concentration in Estate Planning, from Temple University's Beasley School of Law.
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