Estate planning isn’t just about writing a will and calling it a day. It’s about protecting your family, assets and peace of mind. Look at the bigger picture and think of estate planning as a roadmap for your legacy and not just a single stop sign. Here’s why you...
Month: August 2019
What is in a disclosure statement for a real estate sale in New Jersey?
A real estate sale in New Jersey requires disclosures by the seller. They have to be upfront about certain details of the property so the buyers have a general idea of what they’re getting. This way, the buyer can make an informed decision about whether or not it’s a...
Effective ways to resolve business shareholder disputes
Disagreements between shareholders can disrupt business operations and harm profitability. Resolving these disputes effectively is crucial for maintaining stability. While disputes can arise, they can also be resolved efficiently. Open communication, well-drafted...
The importance of choosing the right health care agent
Some of the most important decisions people make as they create their estate plan have nothing to do with who will receive their assets. For example, determining who will advocate for your wishes when you’re gone or if you are unable to speak for yourself is a crucial...
How to leave your home to multiple beneficiaries
Real estate transfers can be complex when it comes to estate planning. It’s very common for parents to pass down a vacation property or a family home. But it’s important to consider exactly how to do this, especially when leaving the home to multiple beneficiaries....
What you need to know about quiet titles
A quiet title action is a legal process used to resolve disputes over real property ownership and establish a clear title. When buying or selling real estate, ensuring that a property has a marketable title is important. Any claims, liens or competing ownership...
Preparing your children to take over the business
A significant number of businesses in the U.S. are started by families. As a business owner, you may wish to keep this going once you step down. While including your children in a succession plan can be beneficial, it’s important to prepare them as well as possible....
Pros and cons of a joint inheritance
When it comes to dividing up an inheritance, assets do not necessarily have to be divided between beneficiaries. This is often the case, as financial accounts may be split evenly or specific tangible assets may be given directly to one beneficiary, while another...
3 signs that it is time to update an estate plan
People who take the time to create estate plans can protect their loved ones and establish a legacy that has a positive impact on others. The most effective and beneficial estate plans typically include highly-customized terms based on an individual's resources and...
Don’t let your family business become a family dispute
There’s something about entrepreneurship that can't be found in a 9 to 5 job. Sure, risk is involved, but few things can match the feeling you get from watching a business grow from an idea into a successful enterprise. But what will happen to your business when you...