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probate
Estate Administration - The 3 Stages
While each estate administration presents different facts - the terms of the Will or Trust, the amount and composition of the assets, each estate in New Jersey goes through the same 3 stages: · Probate. The first stage is when the...
What is Probate?
Probate, What It Is, and How A Probate Attorney Can Help You Probate is somewhat like a split off court system created solely to administer to estates of people who die, guardianships, and conservatorships. This means that the same court that appoints a conservator for an incapacitated person may...
Estate Planning Basics: Why Surviving Child Language Can Save Your Estate Plan
What The Surviving Child Requirement is Necessary It struck me after I posted the post about Whitney Houston’s Estate Plan, that I might need to further explain the concept of the surviving child as it is used in Estate Planning. A surviving child, perhaps obviously, is a child that is alive...
What Happens to Your Credit Card Debt After Death?
The saying goes, “You can’t take it with you.” However, when it comes to credit card debt, in many cases you can. When a credit card belongs to one person only, the debt also belongs to one person only. Whether that debt must be paid or passed along to another person after your...
Minors Inheriting Property in Iowa
My daughter MaggieI recently have had a couple of situations where minor children are heirs of a parent that passed away. As a result, the minor children are beneficiaries of their parent's estate. However, in Iowa, it can be a challenge when a minor is inheriting...
