Category Archives: Trust
Can I Use a Revocable Living Trust to Skip Probate in New Jersey?
A revocable living trust is a popular, potentially powerful estate planning tool that people can use to retain control over their assets while alive and direct their distribution after death. In New Jersey, assets properly transferred into a revocable trust can bypass the probate process entirely—as long as the trust is properly funded. Here,… Read More »
Trust Planning in New Jersey: What is 5 by 5 Power?
A trust can be a highly effective, efficient estate planning tool. A grantor (creator) can use a trust to provide assets to beneficiaries. Trusts can be customized to meet a person’s specific goals and needs. Five by five power is one of the more common trust planning restrictions. Here, our New Jersey trust planning… Read More »
