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Law Offices of Nancy M. Rice
1236 Brace Road, Suite F
Cherry Hill, NJ 08034
Phone: 856-673-0048
Fax: 856-673-0052
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Linwood Professional Plaza
2021 New Road, Unit #9
Linwood, NJ 08021
Phone: 609-398-3447
Fax: 856-673-0052
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April 2015 Archives

With all the news about estate tax changes, should I be worried?

Estate and inheritance taxes have been in the news lately, both in New Jersey and nationwide. In a recent, highly partisan vote, the U.S. House of Representatives recently called for the complete repeal of the federal estate trinax. Here, estate and inheritance taxes were a hot topic dug budget negotiations. Some lawmakers would consider expanding the tax to fill up the neglected Transportation Trust Fund. Others argue for limiting their application to fewer people.

On what grounds can you challenge the validity of a will?

The vast majority of the time, when people have taken the time to develop a sound estate plan under the guidance of a lawyer, there won't be a problem when the time comes for probate. In fact, it's estimated that fully 99 percent of wills in the U.S. pass through probate with no problems.