New Jersey Estate Planning & Probate Law Center

Your Information source for wills, trusts, estate tax minimization, powers of attorney, living wills, health care directives, special needs trusts, asset protection, charitable giving, guardianship, succession planning, retirement and estate administration.

Asset Protection Mistakes – 13 Tips

These days, just about everyone should take care to protect their assets from possible lawsuits or other problems.
Here are 13 things to watch out for:
1. Don’t keep money in a joint account, even with a spouse. 2. Don’t own the car of an adult child, or keep him or her on your [...]

How to S T R E T C H Your IRA

The stretch IRA concept is a wealth-transfer strategy that can help you extend the period of tax-deferred earnings on your retirement assets. After the owner of the IRA dies, the beneficiaries will also have the longest allowable period of tax-deferral on the required distributions of the IRA assets. This strategy can allow distributions from your [...]