The Corporate Transparency Act (CTA) went into effect on January 1, 2024, requiring millions of small businesses across the U.S. to register with the Department of Treasury. Under the new legislation, businesses that meet certain criteria must submit a Beneficial Ownership Information (BOI) Report to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), providing details identifying individuals who are […]
When administering the estate of someone who has passed, the priority should always be to honor their intentions and wishes. In most cases, this can be done by simply following the directions laid out in a decedent’s last Will and Testament. However, if a potential beneficiary or relative believes that the Will is invalid, matters […]
When someone passes due to a wrongful death in New Jersey, there are certain requirements if the family intends to file a wrongful death claim. The New Jersey statutes require a special appointment when there is going to be a wrongful death claim. There are numerous types of cases which could require an Administrator Ad […]
There are many ways to own property jointly in New Jersey, In some instances, if owners cannot agree to how to handle a property, a partition action may be the only option to resolve the dispute. When deciding to own property with another person or people, you should carefully consider what arrangement works best for […]
It is generally understood that the slayer statute protects a persons belongings and funds when they are slain by a beneficiary of their estate. That passing may be the result of natural causes, a fatal car or work accident, or an illness. Sadly, there are cases where the death may be the result of malicious […]
A digital estate plan focuses on your digital assets rather than physical or financial assets. In a world that is becoming increasingly dependent on digital and online platforms, everything is changing. Estate planning is no exception. In addition to having estate planning for your physical and financial assets, you need to have a plan for […]
We see clients make the same mistakes in estate planning over and over. There is plenty of information out there about what to do when you’re working on your estate plan. From How-To guides to blog posts, there is a fountain of information to consume. However, what is less available, is warnings about what not […]
While it can seem morbid, making end-of-life decisions is important to both your estate and your loved ones. There is a lot to consider, which can be overwhelming. For that reason, we have broken some of this information down for you. While not everything will be applicable to every situation, much of it will. Keep […]
This article should make you familiar with the general inheritance tax considerations in New Jersey, Pennsylvania, and Delaware. Tax considerations are a large part of the job of an administrator or executor of a Will. You should consult a certified public accountant with regard to all tax issues. The requirements vary by state, so you […]
Aretha Franklin’s estate battle teaches us lessons about a properly executed will. The recent jury verdict in the case of Aretha Franklin’s estate has shed light on the significance of having a properly executed will and the consequences of failing to do so. The legal issue surrounding her handwritten documents found in her couch after […]
The Corporate Transparency Act (CTA) went into effect on January 1, 2024, requiring millions of small businesses across the U.S. to register with the Department of Treasury. Under the new legislation, businesses that meet certain criteria must submit a Beneficial Ownership Information (BOI) Report to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), providing details identifying individuals who are […]
