${site.data.firmName}${SEMFirmNameAlt}
Call To Schedule An Appointment
Cherry Hill856-673-0048
Linwood609-398-3447

Posts tagged "Estate Planning"

Putting the family home into trust as part of an estate plan

Many New Jersey residents use trusts as part of their estate planning. The family home is usually the largest asset many people own, and is often the first item to go into the trust. This and other assets need to be properly placed into the trust in order to be sure that an individual's estate plan is carried out in accordance with his or her wishes.

The terminology of estate planning

New Jersey residents often hear that it is a good idea to put their affairs in order to ensure that their wishes are carried out after death. However, once people begin to look into what estate planning entails, they are often overwhelmed by the multitude of documents and choices in front of them. Having at least a rudimentary understanding of the terminology associated with estate planning could make the process less confusing.

Estate planning lessons from celebrities who have passed away

A popular assumption is that if people have significant wealth, as many celebrities do, they may spend a great deal of time on their estate plans in order to preserve the wealth for their heirs and beneficiaries. However, celebrities are as human as the next person, and they make estate planning mistakes just like anyone else. Fortunately, many celebrities die with as much publicity as they lived. This means that New Jersey residents are in the unique position of being able to learn from their estate planning errors.

Single New Jersey residents need an estate plan, too

Married couples are not the only people who need to plan for who will receive their assets after death or make decisions on their behalf if they become incapacitated. Regardless of whether a New Jersey resident is single because he or she has never been married or is divorced, an estate plan is just as important for him or her as it is for a married couple. In some ways, it becomes even more important since, without proper planning, state law and/or the courts will make decisions on one's behalf.

Adding digital assets to a New Jersey resident's estate plan

It is the beginning of a new year, and that tends to make New Jersey residents sit back and take stock of their lives. For many people, this means either updating or creating an estate plan. One aspect of estate planning that many people tend to forget is what will happen to any digital assets.

New Jersey individuals shouldn't be secretive about estate plan

You don't have to be part of the New Jersey rich and famous to need an estate plan. In fact, just about anyone in the general population can use an estate plan to help divide assets among beneficiaries when the time comes. The key, though, is to start talking about the process as early as possible.

Why every adult in New Jersey should have an estate plan

As 2014 draws to a close, people's thoughts may not only be on the holidays, but also on wrapping up their finances for the year. This is a good time to take stock of any estate-planning arrangements that need to be made. Every adult New Jersey resident needs an estate plan -- especially if he or she has children or property.

Will converting to a Roth IRA improve an estate plan?

Wills, trusts and powers of attorney are the tools that most New Jersey residents think about when it comes to estate planning. However, other tools are available that an individual can use to create an estate plan that meets his or her goals. One of them is a Roth IRA, but the decision to convert to it requires considering several factors.

Trusts can accomplish estate planning goals

Trusts often bring up images of wealthy people who are limiting their tax exposure and/or providing for their children. However, regardless of a New Jersey resident's net worth, trusts can be an invaluable estate planning tool for many reasons. Depending on individual estate planning goals, there is most likely a trust to help achieve them.

New Jersey parents protect their children with estate planning

Some New Jersey parents may still believe that they do not need an estate plan since they do not have many assets. However, for parents who have minor children, estate planning is about much more than distributing assets. Without a will, who will care for the children may be left to the courts.

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

LOCATIONS

Rice & Quattrone, PC
1236 Brace Road, Suite F
CHERRY HILL, NJ 08034

Phone: 856-673-0048
Fax: 856-673-0052
Map & Directions

Rice & Quattrone, PC
Linwood Professional Plaza
2021 New Road, Unit #9
Linwood, NJ 08221

Phone: 609-398-3447
Fax: 856-673-0052
Map & Directions

Cherry Hill Office

Contact the firm

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy