When a loved one passes away, the last thing you want to worry about is whether the person in charge of settling their estate is doing their job correctly. Unfortunately, executor misconduct is more common than you might think. As someone planning for the future and...
Cherry Hill NJ Probate & Estate Administration Law Blog
Why you and your spouse need separate estate plans
After building a life together, many couples are under the assumption that a joint estate plan is sufficient to protect their shared future. In most cases, creating separate plans can better serve each spouse’s unique needs and wishes. Estate planning laws allow for...
Is probate mediation worth trying?
Probate disputes can be costly, time-consuming and emotionally draining. When a loved one passes away, the last thing anyone wants is to be caught in a legal battle over their estate. Probate mediation is a potential solution, but is it a good idea? What is probate...
Young and single? You need an estate plan too
Estate planning is often associated with retirees and married couples with children. But the truth is, everyone, regardless of age or marital status, needs an estate plan. What makes a comprehensive estate plan? A well-crafted estate plan typically includes: Will:...
Mistakes that can impact probate and lead to disputes
Managing the intricacies of probate can be a daunting task. The process of settling the estate of a loved one can be overwhelming, and the legal landscape can be complicated. With the stakes high, it is crucial to avoid errors that can cause delays and disputes. If...
How to support and care for aging relatives
Caring for aging relatives can be a rewarding but challenging experience. It requires patience, understanding, and a thoughtful approach. Your loved ones deserve the best care possible as they age. Creating a long-term care plan A long-term care plan is essential for...
What are the benefits of appointing a bank as the executor?
Most of the time, being an executor is no walk in the park. Aside from completing tasks related to administering the estate, the role involves other duties that require extensive patience, time and thoroughness. All in all, these responsibilities can be overwhelming...
Why a discretionary trust may be more flexible
If you have a specific goal in mind for the inheritance that you are leaving to the next generation, you may want to use a trust. For instance, maybe a new grandchild was just born. You know how important it is for that child to get an education, but it may be very...
4 things to consider when choosing an executor
An executor plays a critical role in estate planning. After your passing, they assume the legal responsibility of handling and distributing your assets according to your wishes. Choosing the right person for this significant role is essential to ensuring the...
Whom should you speak with about your estate plan?
Many people think they should keep their estate plan a secret. They fear disclosing the details of it could cause people to behave differently, or give rise to gossip or provide business competitors with juicy details to feast on. There is usually no need to share too...