Workers’ Compensation: Who and What is Covered in New Jersey?
While we all want to feel safe in our workplaces, accidents do happen. When these accidents cause injury or death, the workers’ compensation system is in place to properly care for the impacted individual and their loved ones. However, each state has different rules regarding who is qualified for workers’ compensation benefits and what type of injuries are covered. Keep reading to learn about workers’ compensation in New Jersey.
What is Workers’ Compensation and How Does it Work?
To put it simply, workers’ compensation is a system ...
Read More....Basics of Real Estate Transactions in New Jersey
When it comes to the basics of real estate transactions in New Jersey, it can seem complicated and overwhelming if you are not familiar with the legal jargon and real estate-industry-related concepts. However, it is all relatively simple if you break it down. There are several types of real estate transactions to consider, and different approaches for each of them.
What is a Real Estate Transaction?
To start, it helps to know what qualifies as a real estate transaction, or what a real estate transaction can be defined as. A real estate ...
Read More....When to Challenge a Will for Fraud, Undue Influence, or Insane Delusion
If loved ones are manipulating a loved ones will after their demise you may be asking yourself the question of when to challenge a will for fraud. After a Will goes through probate, sometimes beneficiaries or other interested persons decide that they are dissatisfied or have reason to be suspicious of the Will's devises and beneficiaries. In this case, it is possible for them to still present their case--though, since the Will has already been probated, the time to file a caveat is over. Instead, the person may challenge a will for fraud....
Read More....An Unsigned Will Found to Be Invalid in New Jersey
An unsigned will In New Jersey means nothing, if you write a will and do not properly sign it then it will be considered as void. This is why it is important to understand the correct procedure for creating a valid Last Will and Testament if your final wishes are to be carried out. In order for a Will to be valid in New Jersey, it must be written and signed by the decedent and two witnesses.
https://vimeo.com/1028566052?loop=0When a Will is not prepared carefully and in conformance with the requirements under the law, estate matters can quickly...
Read More....When is a Guardianship or a Power of Attorney Appropriate?
Power of attorney and guardianships are two legal tools whereby one person helps or makes legal decisions for another. In both scenarios, an individual is appointed to make legal decisions on another’s behalf.
While they function similarly, these tools have distinct differences that are important to understand.
https://vimeo.com/1028565104?loop=0What is Guardianship?
A guardianship is when one person is appointed by the Court to make decisions on behalf of someone else who is legally incapacitated. The guardian can generally...
Read More....What Are Your Rights as a Trust Beneficiary?
As a trust beneficiary, it is important to understand your specific rights in order to protect your interest in trust assets.
What is a Trust and a Trust Beneficiary?
To understand trust beneficiary rights, we must first understand what constitutes a trust beneficiary. A trust beneficiary is someone who receives assets, whether it be money or property, through a trust. The person who sets up the trust is the grantor, who then gives control of the trust to a trustee. The trustee holds legal title to the assets on behalf of the beneficiary...
Read More....What is a Tangible Personal Property List and What Are The Benefits?
Our tangible personal property is often important to us, as is ensuring they go to the desired family or friends after we are gone. This can get complicated when it comes to tangible personal property for a number of reasons, including the fact these are often objects with both sentimental and real value. In order to ensure these items are taken care of and given to the people who you want, consider writing a tangible personal property list.
What is a Tangible Personal Property List? Tangible property is generally understood as objects ...
Read More....Drafting a Power of Attorney in New Jersey
Drafting a power of attorney (“POA”) is an important step in the estate planning process. However, there are some important factors and choices to make when you are drafting a Power of Attorney document. It is best to know all of your options and to talk to an attorney before you make any final decisions.
What is a Power of Attorney?
A POA is a legal document that allows another person to make decisions and act on your behalf. Those decisions or actions could be legal, financial, or medical in nature depending on the type of POA you execute. ...
Read More....Understanding Real Estate vs Real Property in New Jersey
Real property can be confused with both personal property and real estate, none of which mean quite the same thing. To learn more about these differences, keep reading.
Understanding Real Property
While terms like “real property”, “personal property”, “real estate”, and even “land” can all be used in similar contexts, understanding their differences is important. In legal contexts specifically, knowing what each term entails is vital in communicating clearly. Real property is sometimes used less frequently, and therefore understood...
Read More....Vehicles and the Probate Process in New Jersey
When drafting your Will and contemplating the probate process, it is good to know your options when it comes to vehicles you own.
A car is considered personal property and will normally need to go through the probate process in order to be transferred to the person named in the Will. However, if you are leasing a car, it is not technically considered your property as you don’t own it. Lease vehicles must either be bought out or returned to the leasing company. Similarly, if you still have loan payments left on the car, those will need to be paid...
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