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June 2014 Archives

Estate planning does not always eliminate confrontations

New Jersey readers may be aware that Casey Kasem -- the voice of "Casey's Top 40," "American Top 40" and Shaggy of "Scooby Doo" -- was recently lying in a hospital bed at the center of a controversy regarding how and when he would die. In May of this year, Kasem's current wife took him from a medical facility in one state and moved him to the home of a friend in another state. Despite his estate planning efforts, his daughter continued to fight in court for her father's wishes to be respected.

The will is the cornerstone of any New Jersey estate plan

Estate planning memorializes the wishes of a New Jersey resident with respect to two primary circumstances -- death and incapacitation. When it comes to preparing an estate plan for the distribution of assets after death, a will typically serves as the cornerstone of that plan. The three important components of a will are to whom property is distributed, who will distribute the property and who will become guardian of a person's minor children, if any.

Talking to heirs may avoid conflicts after death

An estate plan is formulated to express the wishes of the one making the plan. However, a New Jersey resident’s heirs have to live with those wishes. If an individual is not careful, one's heirs could end up resenting each other after he or she passes away.

Should children conceived after death receive an inheritance?

Scientific advances in the area of conception have allowed numerous couples here in New Jersey and around the country to have a child when they could not conceive one naturally. Technology also allows men and women to freeze either their sperm or eggs for future implantation -- even after the death of one of the prospective parents. This raises the question as to whether a child conceived and born after death should receive an inheritance from his or her deceased parent.

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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