Great Reasons to Update your Will Once in a While
The years really fly by. I can’t tell you how many times some one has come in to meet with me who signed a Will 25 years before and never updated it. When major changes occur in your life, it’s important to see your lawyer for a “check up” to make sure that your old Plan is still a good Plan for you. Here are samples of situations I have encountered, which required an...
The NJ Estate tax may be going away, but you can still do important planning with a Will
On October 14th, Governor Christie signed a tax package into law which does away with the New Jersey estate tax and certain income taxes in exchange for a 23 cent per gallon increase in the gasoline tax so that the roads and bridges can be repaired. There’s still no estate tax on any assets that pass at death to your spouse. At the present time, the estate tax exclusion is only...