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December 2013 Archives

Judge rules for Ryan O'Neal in probate dispute

New Jersey readers may remember Farrah Fawcett from her days as one of "Charlie's Angels," which made her a television icon. After her death, her longtime, on again off again partner, Ryan O'Neal was in possession of one of two paintings of Fawcett done by Andy Warhol. The university that inherited the companion painting done by Warhol initiated a probate dispute against O'Neal claiming it was supposed to inherit both paintings.

Will intended beneficiaries recieve assets of New Jersey estate?

When it comes to estate planning, many New Jersey residents already know that wills and/or trusts are important documents for transferring assets upon death. However, there are many assets such as life insurance policies, investment accounts and retirement accounts that do not pass through probate. Bequeathing those assets in a will does not ensure that the intended beneficiaries actually receive the assets.

Estate planning for New Jersey pet owners

A recent article highlights the need to make arrangements for the care of any pets in the event the owner dies. The discussion outlines the elements of an informal arrangement, but the same considerations can lead to a legally binding estate planning document. New Jersey pet owners have the ability to provide for their pets in the aftermath of the owner's death.

New Jersey estate planning: Passing on the family business

Many New Jersey families have businesses they eventually hope to pass on to their children. However, without adequate estate planning, the wishes of the current owner may not be carried out. As a result, the interests of the business could be left unprotected. This appears to be the case with the literary character "Madeline," including book royalties and intellectual property rights.

Law Offices of Nancy M. Rice
Representing clients in Ocean City and communities throughout New Jersey.

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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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Law Offices of Nancy M. Rice
Linwood Professional Plaza
2021 New Road, Unit #9
Linwood, NJ 08221

Phone: 609-398-3447
Fax: 856-673-0052
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Cherry Hill Office

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