by acceladmin | May 28, 2024 | Blogs
When someone appoints a trustee, this is indicative that they place a tremendous amount of confidence in their ability and integrity. However, trustees are sometimes unsuitable for this position or don’t fully understand their responsibilities. When an...
by acceladmin | May 23, 2024 | Articles, Blogs
Recently, Jared B. Stape, Esq. of JDKatz, P.C. was interviewed on FOX 5 News about pet trusts, specifically why it is important to have an estate plan in place to care for your pet should something happen to you. With this, Mr. Stape explained, “A pet trust is a...
by acceladmin | May 21, 2024 | Blogs
Like most people, you may intend to make the beneficiary of your IRA your spouse or children. However, you may want to change that in response to the Supreme Court ruling that the same credit protection in bankruptcy does not insulate inherited IRAs as traditional or...
by acceladmin | May 14, 2024 | Blogs
The opportunity to serve as an executor or personal representative of a loved one’s will can be an esteemed honor, but it also carries significant responsibilities. As such, it’s crucial to ensure you understand the duties and obligations associated with...
by acceladmin | May 7, 2024 | Blogs
Being appointed as a trustee is often viewed as an honor as it indicates a loved one has confidence in your judgment and capabilities. A trustee takes legal ownership of the assets held by a trust and assumes the fiduciary responsibility for managing those assets for...
by acceladmin | May 7, 2024 | Blogs
Recently, Jeffrey D. Katz, Esq. of JDKatz, P.C. was interviewed on FOX 5 news about pet trusts and how to ensure your pets are cared for after you’re gone. Essentially, in a pet trust, the grantor (the person who owns the pet) will set aside a certain amount of...
