Everything You Want to Know About Ancillary Probate in NJ

Ancillary Probate in NJ | The Pollock Firm LLC

If you have a loved one who died outside of New Jersey, but they owned real property in New Jersey, what do you do? The answer is to conduct an Ancillary Probate in NJ.

Generally, this means you will conduct a second probate action in New Jersey after you have done one in the state (or country) where the Decedent was domiciled.

Florida Electronic Wills Soon To Be Legal

Florida Electronic Will

According to the Wills, Trusts & Estates Prof Blog, Florida has enacted a new law authorizing the use of Electronic Wills effective January 1, 2020.  Florida is the fourth state to authorize the creation and storage of digital Wills.  However, in my opinion, there is still a lot of uncertainty surrounding the use of such […]

Why Florida Probate Can Be Difficult

Why Florida Probate Can Be Difficult

When deciding whether or not to do a Will package or a Revocable Trust package, many of my Boca Raton, Florida clients will ask why choose one over the other.  Among the many benefits that a Revocable Trust has over a Will is the ability to minimize or even avoid probate.  This leads to the obvious question of: Why […]

Trouble with Probate

Probate

Sometimes probate can be a simple process.  Sometimes it can be a royal nightmare… and sometimes it can be an expensive royal nightmare. I’m not sure if it is a sign of the times or just a coincidence, but our office has had numerous estates where the probate has not been very easy.  To give […]

Dangers of Specific Bequests and General Bequests

Dangers of Specific Bequests and General Bequests

WHAT ARE SPECIFIC GIFTS AND GENERAL GIFTS? A specific bequest is a gift of a specific piece of property to a specific person. Three examples of this are: I give my real estate, located at 1 Main Street, Anytown, State, to my son, Jake Smith. I give my 500 shares of stock of XYZ Corporation […]

Titling of Assets

Titling of Assets

The way you hold title to your assets is key to any comprehensive estate plan. The greatest Will in the world is going to be ineffective if you have survivorship assets, IRAs or life insurance benefits going to people you don’t want them going to. In short, how you own your property determines where it […]

Estate and Trust Litigation

Estate and Trust Litigation

Unfortunately I have been given another reminder of how important it is to select appropriate executors for your Will, trustees for your trusts and agents in your financial powers of attorney. No matter how good an attorney does in drafting your estate planning documents, if there is a person in charge of the money who […]