REASONS TO CONSIDER A CHARITABLE REMAINDER TRUST AS PART OF YOUR NEW JERSEY ESTATE PLANNING

REASONS TO CONSIDER A CHARITABLE REMAINDER TRUST AS PART OF YOUR NEW JERSEY ESTATE PLANNING
By: Fredrick P. Niemann, Esq. a NJ Estate Planning Attorney Besides being one of the few charitable-giving techniques that permit a donor to reserve an interest in the property that is given to charity, the charitable remainder trust has another unique feature that makes it attractive to donors who have low-basis property that they want to […]
Source: hnlawfirm.com

Spouses Can Be Held Liable for Certain Unpaid Debts of Their Husband or Wife By Fredrick P. Niemann
Did you know that a creditor may be able to come after you for some of the debts that your spouse has incurred? You heard me correctly. New Jersey’s law of necessities states that certain expenses of one spouse are actually guaranteed to be paid by both spouses, even the one not involved with the […]
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Is Your Trust Subject to New Jersey Inheritance and Estate Tax?
New Jersey has one of the largest populations of elderly residents in the entire country. Many of these people do not have a trust or will in place. Others may have one, but are unaware of the tax consequences of it. Some are open to the idea, but are wondering, “Should I or should I […]
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New Jersey Judge Blocks Foreclosure When Mortgage Note Not in Hand of Lender
A New Jersey Bankruptcy Judge recently disallowed a Proof of Claim by the lender on a Mortgage in default who was seeking to enforce the Note but did not acquire the Note until after the Proof of Claim was filed.   Says Fredrick P. Niemann, Esq., a New Jersey Foreclosure Law Attorney, there is an increasing […]
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The Benefits of Using a Trust for Future Estate & Long Term Care Planning
Passing assets to family members is something elders often do in order to access public benefits and keep their assets away from creditors. Sometimes, attorneys may recommend to their clients that they gift the assets to their children. This advice is often given when a family member is aging and likely to pass away soon. […]
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NJ Real Estate Roundup Mortgage Appraisal Fraud
By Fredrick P. Niemann, Esq., a NJ Mortgage Appraisal Fraud Attorney Home Appraisal Fraud Joseph and Kimberli bought an un-improved lot in a subdivision and then engaged an architect and a contractor to design and build the home of their dreams on it. The lot and finished home together would cost them about $731,000. They borrowed most […]
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