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For many people in New Jersey, the largest and most valuable asset they own is real estate. When you create an estate plan, you probably take create care to ensure your real estate is covered. However, there are many details about including real estate in your estate plan that you should be aware of so that you can avoid mistakes or issues. Fox News explains that state laws will often handle the passing of ownership...

Probate is often talked about in a negative way, but it is not always a bad thing. The general idea of probate, according to the American Bar Association, is to provide protection and prevent your assets from going to someone who has no right to them. Reports of probate being a long process that is incredibly expensive are often exaggerated. What you will find is that most New Jersey probate cases move through the court...

You may feel as if starting a business is just a dream, but that is exactly what many women are doing: leaving their jobs and becoming entrepreneurs. Forbes reports that 40% of the new entrepreneurs are women. The reasons for starting their own businesses are as unique as the women who accept the challenge, but according to statistics and surveys, many women have similar motivating factors at heart. Here are a few of the reasons...

There are a number of reasons that an adult in New Jersey may become unable to take care of his or her own matters. According to the New Jersey Courts, when an adult becomes incapacitated, a probate judge may appoint someone to take care of the individual’s needs. What causes incapacitation? The court has a specific list of impairments that may render a person incapacitated: Mental illness or deficiency Developmental disability Physical disability or illness...

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 assist executors in their administration tasks. Here are some responsibilities that are typical for closing out an estate. Begin the probate process SmartAsset.com notes that...

Your New Jersey business has taken off, and you need help. Before you place an ad for an employee, you may want to consider whether an independent contractor may meet your needs better. The answers to the following questions may impact your hiring decision. How much control do you want? FitSmallBusiness.com notes that if you hire an employee, you have significantly more control. You get to set the schedule, and you can dictate how he...

You have started to put your business plan in motion, and you feel nearly ready to open your physical location in New Jersey. Before you proceed, have you read up on the latest government regulations? Fundera lays out a lot of the groundwork for you. Familiarize yourself with these regulations to better ensure you and your business remain on the government’s good side. Labor and employment law If you plan on hiring regular employees or...

Some in New Jersey have done their part to continue taking care of their families after they pass away. That said, creating an estate plan is one thing, but talking about that plan is something else entirely. Cadence Bank provides advice for those unsure of how to discuss their estate plans with family. This vital conversation is one of the most important that a person can have in her or his life. Lend adult children...

The person who creates a will, known as the “testator,” can outline exactly what they want to happen to their assets after they pass. A will can include any information someone wishes to pass on to loved ones about their property, but a few requirements apply to make the will legally enforceable. Below, we outline some of the most frequently asked questions about creating a will that is valid in The Garden State. What makes...

Many entrepreneurs enter the business world by investing in a franchise. Franchises often have the protection of an already established brand but allow owners to be creative to distinguish their franchise from others. However, owners must walk a fine line to achieve success in the world of franchises. Here are some essential tips for establishing and maintaining a successful franchise: 1. Always consider and plan for the future Nearly every business owner understands the importance—and...