Living Trust Lawyer Near Me

Families come in all shapes and sizes. The reasons to expand or form a family through adoption are varied and highly personal. New Jersey has three main ways to adopt a child. They are private adoptions, step-parent adoptions, and grandparent adoptions. For more information click here .   divorce attorney in newark nj ,   family law attorney newark nj ,   child support attorney newark nj Adoptions can be open or closed, meaning the identity of the birth mother and adopting family are anonymous and remain confidential. Adoptions can also be domestic (within the United States) or international, when the child is born in another country. Adoptions can be contested, involve same-sex parents, foster parents, or involve the adoption of a special needs child. For more information click here. family law hackensack nj ,   family law firm hackensack nj ,   family law attorneys in hackensack nj Private Adoptions The prospective parents coordinate the adoption of a child with t

Aretha Franklin’s estate is said to be worth $80 million. Ms. Franklin did not have a will. What is next for her heirs? Lots of headaches are the predictions. Dying without a will is known as dying intestate. A will is a written document that disposes of the deceased person’s property according to the deceased person’s wishes. When an individual dies without a will, his or her property is distributed to heirs according to a process and procedure outlined in New Jersey’s intestacy laws. For more information click here .   elder care attorney nj ,   elder care lawyers in nj , elder law new jersey ,   elder law attorney new jersey ,   elder law attorney nj ,   elder care attorney near me Why Draft a Will? People mistakenly believe that when they die, their property will pass to their family or heirs. Heirs are spouses, children, siblings, parents, and cousins of the deceased person. If a deceased person does not specify who gets what property, the state of New Jersey will

Annuities are sold to individuals who seek stable and guaranteed retirement income. A lump sum is paid in exchange for a steady stream of income at a later date, usually at the holder’s retirement. Be wary however, of any representation that an annuity helps a person qualify for Medicaid. Any deferred annuity purchased as a planning measure will be considered a countable asset for Medicaid planning purposes. For more information click here . divorce attorney in newark nj , family law attorney newark nj , child support attorney newark nj   What is an Annuity? According to Investopedia , an annuity is a financial product that pays out a fixed payment to an individual and is used primarily as an income stream for retirees. The period of time when an annuity is being funded and before payouts begin is referred to as the accumulation phase. When the payments commence, the contract is in the annuitization phase. Annuities are funded with a lump sum payment or through payments

One spouse is the saver; the other spouse the spender. One spouse buys on credit; the other spouse saves first and then buys. One spouse is saving and planning for retirement; the other spouse is living for today. Over time, these habits lead to conflict in a marriage and in the end, it brings the marriage into divorce. One of the top reasons couples divorce is not money, but lack of financial compatibility. While it is true that opposites attract, in the financial arena, they actually repel each other with disastrous results. Prenup agreements can be helpful to marrying couples and a non-emotional way to understand a couple’s financial compatibility prior to marriage. For more information click here . elder care attorney nj , elder care lawyers in nj , elder law new jersey , elder law attorney new jersey , elder law attorney nj , elder care attorney near me