In order to ensure that your assets reach your intended beneficiaries, it is important to understand the difference between probate and non-probate assets. Many people believe their wills have the final say in who gets their assets after they die. However, this is not...
Estate Planning
Estate plans offer protection for partners, children in New Jersey
When popular actor Philip Seymour Hoffman passed away early in February at the age of 46, he left behind a multi-million dollar estate and a will that was nearly 10 years old. While many people may think nothing of securing their estate planning documents in a safe...
Fawcett’s Warhol portrait an example of need to account for heirlooms
Few modern day artists have the same notoriety as Andy Warhol. The artist, who died in 1987 and was known for his key role in the Pop Art movement, was enmeshed in celebrity culture. As a result, he knew many famous individuals, from Liza Minnelli to Farah Fawcett....
Strategic estate planning can keep more of your assets for your heirs
With the economic downturn of the past few years finally starting to turn around, attention is finally returning to an important but oft-overlooked financial planning issue: the impact of estate taxes. Estate tax rates can, depending on the assets of a person's...