Monthly Archives: November 2024
Four Common Mistakes to Avoid When Setting Up a Business Succession Plan in New Jersey
Small businesses help to form the foundation of the economy. The New Jersey Department of State cites data showing that there are more than 950,000 active small businesses in our state. As a small business owner, you need to be prepared for whatever challenges might arise. Among other things, this means setting a comprehensive… Read More »
Four Reasons Why You Should Include a Living Will in Your Estate Plan
Every adult in New Jersey should have an estate plan. Proper estate planning is about more than just writing a will. It is about ensuring that your health needs are met no matter what tomorrow might bring. A living will is a key estate planning document. Here, our Monmouth County living will attorney highlights… Read More »
An Overview of the Estate Tax Laws in New York (2024)
Are you a New York State resident? If so, you need a comprehensive estate plan. For high asset people, estate taxes should be considered. At Poulos LoPiccolo PC, we have extensive experience handling estate planning matters, including estate taxes. Here, our New York estate planning lawyer provides a guide to the estate tax laws… Read More »
Trust Planning in New Jersey: What is 5 by 5 Power?
A trust can be a highly effective, efficient estate planning tool. A grantor (creator) can use a trust to provide assets to beneficiaries. Trusts can be customized to meet a person’s specific goals and needs. Five by five power is one of the more common trust planning restrictions. Here, our New Jersey trust planning… Read More »
Estate Planning for Parents: What is the Best Way to Set Up a Guardianship for Minor Children in New York?
Are you a parent who has young kids or teenagers? If so, it is imperative that your child(ren) is carefully considered in your estate plan. Among other things, you should set up a guardianship. At Poulos LoPiccolo PC, we help parents navigate estate planning matters. Here, our New York City estate planning lawyer explains… Read More »
Can I Use a Transfer on Death Deed as an Estate Planning Tool for Real Estate in New Jersey?
For many people, real estate—whether a primary residence or other property—is among their most important assets. With that in mind, it is crucial that real estate is at the center of your estate planning strategy. You may be wondering: Can I use a transfer on death deed for real estate in New Jersey? The… Read More »