Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Careers/Open Positions

Explore all available job
listings and become a part of an amazing team.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts
Do You Owe The AMT?

American educational reformer Horace Mann called education “the great equalizer.” In football, it’s been said ...

See more
What is the Value of Your Business?

In the second quarter of 2023, more than 2,300 small businesses were sold. The median ...

See more
Immediate vs. Deferred Annuities

Despite not being as well known as some other retirement tools, annuities account for 6.5% ...

See more

Here’s What to Cover in Your Mid-Year Estate Planning Analysis

June 13, 2017

It’s the middle of the year which seems like a great time to mentally check out and go on vacation. However, it’s appropriate to conduct a mid-year estate planning checklist. Having a consultation with your New Jersey estate planning attorney is one way to ensure that all of your materials are still on track and cover your unique needs from an estate planning perspective. Review any trust agreements and your existing will. 

Over the course of a year and even in the last six months, your professional and your personal life could have changed dramatically. The next step is to consider whether the fiduciaries you’ve named are still appropriate. Significant responsibilities are aligned with your trustees and executors so they should be people that you trust. Likewise, review your financial powers of attorney and determine whether the beneficiary designations listed on your retirement accounts and your life insurance policies are still appropriate.

Any existing insurance coverage should be evaluated. If major life changes have occurred such as the birth of a child or a divorce, it may be appropriate to update some or all of your estate planning materials. One big mistake that people make is failing to fund a trust. During your mid-year estate planning review, you may wish to discuss your opportunities to fund a trust with the help of an experienced estate planning lawyer.

Talking to an attorney early on will help you identify your short term as well as your long-term plans as it relates to your estate. Passing on as much wealth as possible to a future generation or to charities may be one of your goals for minimizing taxes and determining appropriate vehicles for passing on this material are common reasons why you may wish to consult with an experienced estate planning lawyer.


Practice Areas:



Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Careers/Open Positions

Explore all available job
listings and become a part of an amazing team.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts
Do You Owe The AMT?

American educational reformer Horace Mann called education “the great equalizer.” In football, it’s been said ...

See more
What is the Value of Your Business?

In the second quarter of 2023, more than 2,300 small businesses were sold. The median ...

See more
Immediate vs. Deferred Annuities

Despite not being as well known as some other retirement tools, annuities account for 6.5% ...

See more