Family Offices and Concierge Services

Estate Planning Lawyer Bergen County, NJ Working with a Bergen County, NK, estate planning lawyer is paramount in ensuring that your future assets and wishes are protected. At Kaplan Law Practice, LLC, our dedicated team of Bergen County estate planning lawyers is here to guide you through the process and address your concerns. Below, we've compiled some frequently asked questions to shed light on the importance of estate planning and how it can benefit you: 1. Why Is Estate Planning In Bergen County, NJ Important? Estate planning in Bergen County, NJ, is…

April 29, 2021 (updated September 29, 2023)

FAQs About Personal Injury Lawsuits

People have accidents every day. Whether you are involved in a vehicle accident, a slip-and-fall or an animal attack, accidents can happen anywhere. If you were injured, you may have to ask yourself if someone else was at fault. Is someone legally responsible for your injuries? To file a personal injury lawsuit, another person or institution must break his or her duty of care and act negligently. What Does Duty of Care Mean? One of the most common examples of duty of care involves a grocery store. If you are in a…

October 27, 2020 (updated December 9, 2020)

New York Estate Administration Tip

Estate Planning Lawyer Bergen County, NJ

Important New York Surrogate's (Estate) practice tip for Intestate Estates You can find New York estate distribution laws in EPTL 4-1.1 - 4-1.6 (https://www.nysenate.gov/legislation/laws/EPT/A4P1). However, if you want to be in charge, that is more difficult. This is because not everyone who inherits under EPTL is able to petition for letters of administration. To be eligible to petition, you also need to be a pretty close relative aka next of kin. Relatives who are able to petition are: a)Â spouse, b) children, c) grandchildren, c) parents, d) siblings, e) aunts and uncles,…

April 14, 2020 (updated December 9, 2020)

New Jersey Real Estate Shopper

Overview If you are planning to settle down and buy a home, New Jersey should be at the top of your list. Most areas in New Jersey have low crime, great schools and wonderful supporting and self-sustaining communities. Many places in New Jersey have the infrastructure in place to enable daily commute to New York and Pennsylvania metro areas. Real Estate When shopping for residential real estate, consumers have a wide array of areas and price ranges to choose from. For example, consumers should expect to pay more in the north east…

December 22, 2019 (updated December 9, 2020)

Qualified Income Trust / Pooled Trust and their Application

Overview The purpose of this article is to shed light on the complex topic involving Qualified Income Trusts and Pooled Trusts. Furthermore, I will try to distinguish between New York Law and New Jersey Law. Qualified Income Trust N.J. Admin. Code Â§ 10:71-4.11 The purpose of aÂ Qualified Income Trust (QIT) is to qualify an applicant for Medicaid in cases where income exceeds 300% of Federal Benefit Rate (FBR). For purposes of this document, I will refer to this as excess income. Under New Jersey regulations, excess income can be placed in…

December 10, 2019

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