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Estate Planning & Elder Law Firm of Benjamin Eckman

New Jersey Estate Planning Lawyer

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Making the Most of Your Estate with Irrevocable Income-Only Trusts

 February 7, 2023
Having Your Cake and Eating It Too Recently a healthy single woman came to my office with the following demand: “Protect my money in case I ever enter a nursing home, make sure my children do not pay any capital gains tax on the appreciation of the assets, and protect my dignity and self-respect so […]
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Qualified Personal Residence Trust or Personal Residence Trust: Which Is Right For You?

 February 7, 2023
Estate planning can be a daunting process for anyone, but it's especially important to consider when dealing with personal residence trusts. Whether you choose a Qualified Personal Residence Trust (QPRT) or a Personal Residence Trust (PRT), there are both pros and cons that need to be weighed before making any decisions. In this blog post, […]
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The Risks of Creating Your Own Estate Plan

Even Consumer Reports suggests working with an experienced estate planning attorney to make sure documents are correctly prepared.
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How To Create a Trust?

Trust funds are an important estate planning tool. They can protect your assets while you’re alive and help ensure that you leave money to your children or other loved ones after you die.
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What is an Inherited IRA?

Most people don’t know the first thing about the Secure Act and yet it has great impact on their retirement planning.
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What Is the Purpose of a Pet Trust?

Many well-off pet owners have left millions of dollars to their cats, dogs and even chickens—perhaps most notoriously Leona Helmsley, who left US$12 million when she died in 2007 to her white Maltese dog Trouble.
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Is Putting a Home in Trust a Good Estate Planning Move?

Homes are illiquid assets that produce no income and come with ongoing costs for upkeep. Those issues can cause some snags with your trust.
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What are the Executor's Responsibilities?

If a loved one asks you to be the executor of their estate, think carefully before you take on this responsibility. While you have the option of declining the request, the person reaching out likely considers you to be responsible and detail oriented. An executor of an estate typically helps file paperwork, close accounts and distribute the assets of the deceased.
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What Type of Trust Do You Need?

There are two main kinds of trusts: revocable and irrevocable.
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When Should You Update Your Estate Plan?

Getting your estate plan in place is never a ‘one and done’ task. Estate planning is an ongoing process and should be viewed that way.
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Estate Planning & Elder Law Firm of Benjamin Eckman
Planning Today for Your Family's Tomorrow

1767 Morris Ave., Suite 314
Union, NJ 07083

By Appointment Only:

73 Mt. View Blvd.,
Wayne, NJ 07470

1 University Drive, Suite 609
Hackensack, NJ 07601

Contact Us
Union Office

1767 Morris Ave., Suite 314
Union, NJ 07083

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Wayne Office

By Appointment Only:

73 Mt. View Blvd.,
Wayne, NJ 07470

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Hackensack Office

1 University Drive, Suite 609
Hackensack, NJ 07601

Get Directions
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