What to Do When You Want to Leave Behind Different Amounts for Your Children When You Pass Away?

May 18, 2017 Victor Medina Asset Distribution, Estate Planning, Inheritance 0 Comments

The most common estate plan today will leave assets equally to all of your children. In some situations, however, equal distribution is not desired nor does it make sense for your family members. Parents frequently have logical reasons for leaving behind differently-valued inheritances for their children. For example, a younger child may still have a […]

Are There Assets That Shouldn’t Go Inside the Revocable Trust?

April 20, 2017 Victor Medina Assets, Estate Planning, Trusts 0 Comments

Planning ahead for your future likely involves a sit-down meeting with a New Jersey estate planning attorney, and that conversation may include mention of estate planning tools such as a revocable trust. Known for its flexibility, the revocable trust empowers you to maintain control over assets placed inside and the trust itself over the course […]

Why You Should Also Consider Life Insurance as Part of Your Estate Planning Toolkit

April 13, 2017 Victor Medina Estate Planning, Life Insurance 0 Comments

Setting up a consultation with an experienced estate planning attorney is strongly recommended, so that you have the opportunity to walk through your individual situation and determine strategies and tactics that will help you accomplish your estate planning goals. Putting together an estate plan and outlining the essential documents such as a will or a […]

The Basics of Setting Up a Trust for Estate Planning

April 6, 2017 Victor Medina Advanced Estate Planning, Estate Planning, Living Trust, Special Needs Trust, Trusts 0 Comments

A trust is a relationship in which one person’s assets are held inside for the intention of passing on to specific beneficiaries. One of the primary reasons that people choose to use a trust is because the assets no longer belong to a grantor after they have been transferred into the trust. You can also […]