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Planning for the future involves preparing for unexpected situations. A power of attorney (POA) is a valuable tool for managing your affairs if you become unable to do so yourself. In New Jersey, there are several types of POAs, each serving a unique purpose....
In a New Jersey divorce, equitable distribution refers to the fair division of marital property between spouses. New Jersey follows this principle instead of simply splitting everything 50-50. The goal is to divide assets and debts in a way that is fair, though not...
Divorce can be an overwhelming experience for all family members, especially children. Understanding how these changes impact kids will help families deal with this challenging time with insight and compassion. Emotional responses in the early stages Children may...
Experiencing the death of a family member or loved one can be a stressful and confusing time. This is especially true if you are responsible for managing their estate. Learning about the general probate process in New Jersey can give you clarity as you move forward....
About 937,436 small businesses operate in New Jersey, according to Census figures. They play an important role in the state's economy. As individuals embark on entrepreneurial endeavors, the repercussions can extend into various facets of family life. These aspects...
In the realm of managing estates and ensuring the last wishes of the departed, the role of an executor is pivotal. Only 6 out of 10 adults in America have a will as of 2020, according to a survey by Caring.com, which means many people may have never thought of who...
Going through a divorce can be one of the most stressful and emotionally draining experiences in life. The legal and financial aspects of the separation can be overwhelming, and the emotional toll can be difficult to bear. It is easy to get so caught up in the details...
When a loved one dies, you tend to have a lot going on at once. This is especially true if you lose your spouse and are in the middle-income bracket because you have likely purchased a home, set up retirement accounts and added other assets to your portfolio,...
Whether newlyweds or a few years into marriage, young couples should start estate planning as soon as possible. While the number of people aged 18 to 34 with estate plans has risen, only 24% actually have them, according to a Caring.com survey. Three key reasons to...
An important part of the probate process includes the executor fulfilling the deceased's final wishes. This often revolves around reading the will and going through the legal processes needed to give their assets and heirlooms away to the people they left them to....