Blog Posts in December, 2012

  • Estate Planning Challenges to Consider When Remarrying

    || 27-Dec-2012

    New Jersey residents who are preparing for their second marriage may be excited about their upcoming nuptials. However, with a remarriage comes many financial concerns, including estate planning. For example, real estate is a concern. The spouses may live in a home that, for instance, the wife may want to give to her children once she dies. In that case, the house must be in the wife's name ...
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  • Long Island residents may be putting off estate planning decisions because of the many complexities involved. There are various types of trusts and wills. What is the difference between them? Here is some information that will hopefully make estate planning less confusing. Many people have heard of a "will" and a "living will." A will is a document that identifies a ...
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  • Importance of Including Digital Assets When Drafting a Will

    || 13-Dec-2012

    When Long Island residents begin the estate planning process, they probably think of what to do with physical and monetary assets, such as homes, cars, bank accounts, stocks, bonds and heirlooms. However, in this ever-changing age of technology, most people also need to think of digital assets when drafting a will. Digital assets can include accounts and anything a person does online that needs to ...
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  • Many New York residents may be confused about the estate planning process. What can make it even more complicated is determining what to do so that in the event that people's children divorces, the ex-spouse does not take all of their hard-earned money. Here are some things people should know estate planning in this situation. Depending on state law, the judge divides marital property during a ...
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