The Camp Lejeune Justice Act Signed Into Law
The Camp Lejeune Justice Act was finally signed into law this past month, giving those who may have been affected by the contaminated water at the camp a chance to achieve justice and compensation for the severe medical damages resulting from the contaminated water supply.
Camp Lejeune was a United States Military training facility in Jackson, North Carolina. The Camp was first established in 1942, covering almost 250 square miles. Unfortunately, it was found that the water supply at the camp was contaminated with VOCs, or volatile...
Read More....Supreme Court of New Jersey Says the Three-Day Attorney Review Period Does Not Apply to a Real Estate Auction
In 2016, Mengxi Liu participated in a real estate auction where she bid $1.1 million for a property owned by Max Spann Real Estate. Liu subsequently made a deposit on the property in the amount of $121,000. Unfortunately, Liu was not able to consummate the sale after making the deposit and Spann refused to return the funds as Liu was in breach of the contract.
Max Spann sued for breach of contract and Liu counterclaimed in an attempt to regain the $121,000 deposit. Liu argued that Spann’s real estate practice had been unlawful because there...
Read More....Did You Actually Read Your Home Improvement Contract?
Doing some home improvement to your home, your shore house, or investment property can be exciting. You have a vision, a good contractor, and you’re eager to get started. However, it’s important to take your time with the home improvement contract. Be sure that it is thorough, clear, and includes all necessary items before you begin any work. This is vital to ensure the legal protection of you, your property, and your project.
License, Insurance & Permits
The first thing that you need to verify is that your contractor has a valid contractor’s...
Read More....Revoke a Will in New Jersey
When you revoke a will you void the previous will, this mainly happens when the old will no longer serves a purpose to your current situation. There are many instances in which a Will drafted at an earlier time in life is no longer applicable to you and the people in your life. When this happens, you might want to revoke that older Will in favor of a new one. There are plenty of reasons and methods for revoking a Will, and it is important to know your options.
What Does it Mean to Revoke a Will?
When you revoke a Will, you are completely voiding an existing...
Read More....What are the Requirements for a Valid Will in New Jersey?
When drafting your Last Will and Testament, it is important to know what steps must be taken in order for you to have a valid will. There are several requirements to discuss, and by taking them into consideration while you are drafting your Will, it is more likely that it will be considered valid by the Surrogate’s Court in the future.
Why is a Valid Will Important?
A valid Will is an instrumental part of your estate planning. It ensures that all of your assets and property are distributed according to your wishes. Without this document, and...
Read More....How to Address Your Funeral Arrangements as Part of Estate Planning in New Jersey
When addressing your funeral arrangements it can be easy to disregard certain elements of estate planning when you’re giving attention to seemingly more important items like what will happen to your property and other assets after you’re gone. However, considering your own funeral arrangements is an important step that can ensure your wishes are met, while also lightening that burden on your loved ones.
Who is in charge of Funeral Arrangements?
Generally, if you don’t leave any specifications or wishes referencing funeral arrangements,...
Read More....Determining and Paying the Debts of an Estate in New Jersey
Determining and paying the debts of the decedent and ensuring they are paid is one of the most important steps in the probate process. Along with marshaling the decedent’s assets, their debts must also be marshaled in order to account for any unpaid loans, medical bills, credit card bills, or other types of debt.
Who is Responsible for Determining & Paying the Debts of an Estate?
When a decedent leaves behind debts, it is the responsibility of the executor or administrator to ensure they are accounted for and satisfied. This can be ...
Read More....Amending or Revising a Will in New Jersey – The Codicil
Amending or Revising a Will and Testament can take a lot of time, money, and energy. Codicils are an alternative. Consider a codicil as an amendment to your Will if you do not want to re-write the entire document. There are a few things to consider, however.
What is a Codicil?
A codicil is a separate document that you can use in revising a Will in order to make small adjustments. The purpose of this is to save time. Instead of having to rewrite your entire will every time you want to make a minor change, you can write a codicil documenting that change...
Read More....The Difference Between Probate and Non-Probate Assets in New Jersey
You need to consider both probate assets and non-probate assets when you are making decisions about your estate planning and who your beneficiaries will be. Similarly, if you are trying to account for all of a decedent's assets as an administrator or executor, you will need to know the difference between probate assets and non-probate assets as your duties with respect to each type are different.
https://vimeo.com/1028565784?loop=0What is Probate?
Generally speaking, probate is the process of validating the authenticity and ...
Read More....Announcement: Thomas G. Heim, Esq. joins Ward, Shindle & Hall
...
Read More....
