Is your Estate Plan Up to Date?

     Estate Planning is indeed an on-going process.  It should never be considered a one-and-done event.  As our families and needs evolve and change, the focus of the planning will shift over time. When I ask someone if they’ve got an estate plan in place – the...

BARRIERS TO ESTATE PLANNING

Less than 50% of married couples have established an estate plan. This is an alarming statistic and it suggests that there may be some psychological barriers that prevent people from preparing this vitally important plan for their families. Perhaps the constantly...

DEATH TAXES

OK, just when you thought you would no longer have to worry about taxes. Yes, upon your death, your assets may be subject to estate taxation by the State of New Jersey and the U.S. Internal Revenue Service. In addition, beneficiaries inheriting from your estate may be...

Irrevocable Life Insurance Trusts

Removing Life Insurance Proceeds From Your Taxable Estate: Many people aren’t aware that all of the proceeds from life insurance policies that they own at death will be included their estate for estate tax purposes. This is because if the policy owner can...