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Estate Planning

How to Create an Effective Advanced Healthcare Directive

What is Advance Healthcare Planning? As you age, you may experience medical emergencies, and questions may arise about your medical treatment. You may assume that your loved ones would know what to do, but that’s not always the case. Elder law and estate planning lawyers in New Jersey and Philadelphia say you’re more likely to […]

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Essential Steps in Estate Administration: What Executors Need to Know

How Do You Know if You Need an Estate Executor? Estate planning can be intimidating. Your family does not need to go through the process alone. Our dedicated estate planning and probate administration team is available to help. We understand the process can be overwhelming, and you likely have many questions. At Bratton Law Group,

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How Can Trusts Be Structured to Support Minor Children?

What Is a Trust and How Does It Work? A trust is a fiduciary arrangement that permits a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Trusts are frequently established to provide legal protection for the trustor’s assets, to ensure those assets are distributed according to the trustor’s wishes,

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How Can Estate Litigation Be Prevented Through Proper Planning?

Detailed Documentation Estate planning is essential for those who care about preparing for the future. Knowing that your belongings will be tended to and distributed with your best interests in mind can be a source of relief. However, wills and estate plans can sometimes be easily misinterpreted, leading to disagreements with family and friends about

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How Do Living Trusts Facilitate Easier Asset Transfer Upon Death?

How Can Living Trusts Streamline the Distribution of an Estate’s Assets? Living trusts are a powerful tool for estate planning that can substantially simplify the process of asset transfer upon death. By helping the estate avoid probate, maintaining privacy, providing flexibility, and offering potential tax benefits, they can significantly ease the burden on surviving family

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What Strategies Can Help Reduce Estate Taxes for Large Estates?

Using Trusts to Reduce Estate Taxes One of the most effective strategies to reduce estate taxes on large estates is through the use of trusts. Trusts are legal entities that hold assets for the benefit of specific individuals, often with specific conditions attached. There are several types of trusts, each with its own benefits and

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How Can Parents of Children with Special Needs Use Trusts to Provide Long-Term Care?

Does Your Child Struggle With a Disability or With Special Needs? If you have a child with a disability or special needs, a special needs trust can provide that child with financial security after your death or if you should become incapacitated. A New Jersey trust attorney can prepare a special needs trust for your

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What Are the Key Considerations When Choosing an Executor for Your Estate?

5 Questions to Ask About Potential Estate Executors One of the decisions that is commonly made during the estate planning process is naming an executor for your estate. This is the person who acts as the personal representative of the estate, handling administrative probate and estate matters when someone passes away. Some people may make

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