TestProcedurally, when a practitioner has a client who needs to initiate a probate proceeding, the steps are fairly formulaic. However, even experienced practitioners can run into trouble when a potential client needs to gain access to the property of an individual who has disappeared. Presumed death cases are exceedingly rare. […]
As published in New Jersey CPA Magazine, Summer 2021 Issue The COVID-19 pandemic has resulted in historically low interest rates, depressed values of certain assets and a need for increased federal revenue. When combined with the shift of power in Washington, this becomes a critical and advantageous time for clients […]
In our trusts and estates practice, we frequently review estates wherein executors, appointed agents (attorneys-in-fact), real property and other assets may be located beyond New Jersey. A recent Appellate Division case, Gulbir Kaur Anand, Executor of the Estate of Amrit Kaur Anand v. Upkar Anand, Jasjot Anand and Kiran Gulati, […]
As published in the New Jersey Law Journal, April 29, 2021 Designing an estate plan to protect an inheritance should not be reserved just to the wealthiest clients. For most clients, the risk of a child’s divorce is far greater than the risk of a future estate tax. To ensure […]
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