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May 2012 Archives

Heirs, cola and secret formulas

After the passing of a loved one in New Jersey or elsewhere, the heirs to the estate of the deceased may sometimes find themselves caught up in litigation. In some cases, this may be because the deceased did not undertake proper estate planning. However, in other cases, litigation may result either from circumstances that could not be foreseen or due to some unique aspect of the estate. The latter appears to be the case with one battle that erupted recently between the heirs to the inventor of Pepsi's formula and PepsiCo.

Handling the family farm inheritance dilemma

Estate planning can differ wildly according to each person's unique needs and desires. For example, New Jersey farmers may run into special problems when attempting to leave the family farm behind. In fact, any kind of inheritance can have special considerations, but many of these problems can be mitigated, if not eliminated, with proper estate planning.

New Jersey heirs: After you inherit, what's next?

When someone passes away in New Jersey or elsewhere, surviving family members are often left with collections of stamps, furniture and stacks of old magazines that have accumulated over many years. Collectibles can be difficult to sort through for heirs in terms of monetary and sentimental value. However, modern technology can help with inventorying and determining the value of one's inheritance. Nevertheless, deciding which family members receive what is an ongoing problem.