Contesting a Will is a type of legal action brought to challenge the validity of a Last Will and Testament. The rules governing Will contests are state-specific so the process will vary from state to state. In most instances, you can start such a lawsuit at one of two points in time. The Procedure For …
Why is planning for incapacity impo...
Estate planning is not only about having a plan that deals with the distribution of your property and assets after your death, but it is also about having an arrangement in place to deal with what happens if you become incapacitated. Incapacity planning covers many of the same benefits of estate planning (privacy, freedom and …
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Medicaid Denial
Medicaid, the federally mandated program that provides health care to qualifying, low-income residents across the United States, is administered at the state level. The application procedures and requirements vary from state to state. As with the majority of government programs, there are certain very specific eligibility requirements a person must meet in order to qualify …
RULE 4:80. Application To Surrogate...
4:80-1. Application Unless a complaint for probate is filed with the Superior Court pursuant to R. 4:83, an application for the probate of a will, for letters testamentary, letters of administration, letters of administration of non-resident estates in which administration has not been sought in the decedent’s state of residence, letters of administration with the …
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Medicaid Qualified Income Trusts
For individuals who need financial assistance to pay for their long-term care costs, Medicaid will cover such costs, provided that you meet certain financial and clinical requirements. Specifically, with respect to financial requirements, a single person applying for Medicaid cannot have more than $2,000 of assets, and his or her gross monthly income cannot exceed …
Life’s Certainties: Death and Taxes
New Jersey previously imposed two death taxes – estate tax and inheritance tax. However, as of 2018, the estate tax was completely repealed, leaving only the lesser-known inheritance tax. Inheritance taxes are based upon the beneficiary’s relationship to the decedent. New Jersey categorizes beneficiaries into “classes.” The specific class that a beneficiary falls into …
