Comprehensive Estate Planning In Bergen County, NJ Working with a Bergen County, NJ estate planning lawyer can ensure that your assets and wishes are well-taken care of. At Kaplan Law Practice, LLC , our dedicated team of legal professionals is committed to helping you navigate the complexities of estate planning and ensure that your wishes are carried out effectively. Why Estate Planning Matters Estate planning is an essential tool for anyone—regardless of their financial status. It involves making important decisions about how your assets will be managed and distributed upon your passing.…
“I don’t really have any assets.” “I don’t need a Will because I don’t have a taxable estate.” “I don’t need a Will because everything I own is owned jointly or has a beneficiary designation.” “I put everything in a Trust, so I don’t need a Will.” These are common objections given by clients who do not wish to have a Will prepared. And they have often prevented clients and their families from being adequately protected when that protection is most needed. Here are some reasons why everyone should strongly consider having…
Sometimes life leads people into financial difficulties that prove almost impossible to overcome. As an experienced bankruptcy attorney - including those who practice at The Law Offices of Ronald I. Chorches - can confirm, even the most fiscally responsible Americans can find themselves in need of significant debt relief through no fault of their own. Declaring bankruptcy is one way to effectively deal with many kinds of debt that may be proving impossible to pay off. Self-Filing Versus Working with an Attorney If you don’t earn much income, you may qualify to…
You find the perfect house, start creating all of your Home Décor Pinterest boards and BAM – you find out that the sellers didn’t accept your offer. Your dreams of making dinner in the beautiful farmhouse kitchen are crushed and you’re wondering what you did wrong. Well here are a few reasons your offer could’ve been rejected that can help you next time you find a house you want to write an offer on. PS – I promise your real estate dreams aren’t crushed. There will be another one! Reason #1: You’re…
Revocable Living Trust The trust is developed by a composed agreement or statement that appoints a trustee to handle and administer the residential or commercial property of the grantor. As long as you're a proficient adult, you can develop an RLT. As the grantor, or creator of the trust, you can call any competent adult as your trustee; some people prefer to choose a bank or a trust company to fill this function. The grantor can also serve as trustee throughout your lifetime. Once it's set up, you begin by positioning your…
