Estate planning in light of infllation

Creating an Inflation-Proof Estate Plan Inflation is affecting more people in recent years, no matter who you are or what your estate planning style is. From 2011 to 2022, the inflation rate has risen from 3.2% to 8.3%. Regardless of what your estate plan looks like, feeling at least some of the impact of inflation...

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Tips on picking your estate plan agents and fiduciaries

Five Tips for Picking Your Estate Plan Agent and Fiduciaries Fiduciaries for an estate plan can include agents, trustees, or executors, which is why selecting fiduciaries is essential for any estate plan to be successful. Around 67% of Americans do not have an estate plan. If you want to make an estate plan that...

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Pay attention to your beneficiary designations

Beneficiary Mistakes You Don't Want to Make Any assets held in your estate at the time of your death will likely be subject to probate. New Jersey probate is a simple process that should be completed in one month’s time, assuming that no one launches a preemptive challenge to the Will, called filing a Caveat, or...

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How Interest Rate Changes Can Affect Your Estate Plan

How Do Interest Rate Changes Affect the Value of My Estate? Increases in the federal funds rate, which is set by the Federal Reserve, could have a significant impact on your heirs when they inherit your estate. Working with an estate planning attorney and a financial advisor could help you lessen these impacts and...

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The Pros and Cons of Legal Guardianship

When a person is unable to manage their affairs, he or she could be placed under a guardianship. Because of how invasive this process can be, it’s important to know the pros and cons surrounding guardianships.

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