5 Estate Planning Tips to Avoid Disputes
Insert a no-contest clause When a will contest seems likely, an in terrorem clause may be beneficial. An in terrorem clause, also known as a “no-contest” clause, generally provides that a bequest will fail if the beneficiary initiates or participates
Action Required: New Jersey Estate Tax is Repealed
Earlier this month, on October 14, 2016, New Jersey Governor Chris Christie signed into law that increased the NJ Estate Tax exemption from $675,000 to $2 million for deaths in 2017, and fully eliminated the state estate tax in full
New Jersey to repeal estate tax
Last week, the New Jersey legislature announced its plan to repeal estate tax by January 2018. The New Jersey estate tax is presently one of the highest in the nation. For state residents the estate tax exemption would be increased