Category Archives: Estate Planning

Sperm Donor Tells Australian High Court He is the Legal Father to Lesbian Couple's Daughter

Robert Masson, as he is known to Australia's High Court, claims that he is the legal father to a lesbian couple's young daughter. He states that one of the women, a friend of his for 25 years, approached him to….. To continue reading this legal news please click Read full information...

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U.S. Billionaires are Living Longer, Making Heirs Wait

15 American billionaires died last year and left behind $60 billion in assets, some of which consisted of intense complexities such as yachts and sports teams. The number of billionaires is increasing, hiking up to 747 in 2017 from 490….. To continue reading this legal news please click Read full information...

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That Pesky Tax Waiver – Part 1

                As I have written in previous posts, New Jersey did away with its estate tax in 2018.  This was part of a compromise between the state legislature and then Governor Christie who agreed to an increase in New Jersey’s gasoline tax.  I have also pointed out that we still have an inheritance tax in New Jersey, although the number of estates that must pay inheritance tax is very small.  That’s because most decedents leave their assets to spouses, children and grandchildren who are exempt from inheritance tax.                 Yet, we are finding that there are a number of estates where we must file an inheritance tax return even though no inheritance tax is owed.  That might seem strange.  The reason, however, is New Jersey’s tax waiver system.  I last wrote about the tax….. To continue reading this legal news please click Read full information...

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Acceptance of legacy does not prevent contest

The testator’s will gave son $10,000 and son challenged the will alleging undue influence by his sister who was the principal beneficiary. The trail judge dismissed the suit when the son failed to appear at a pre-trial conference. Son then….. To continue reading this legal news please click Read full information...

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Baby Born Using Controversial 3-Parent IVF Technique in Medical First, Doctors Report

Medical history has been made with the successful delivery of a healthy baby boy in Greece through a controversial IVF techniques that involves three parents instead of the traditional two. He was conceived through Maternal Spindle Transfer (MST), a process….. To continue reading this legal news please click Read full information...

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