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Tag: Estate Planning Attorney

25 Nov, 2015

Drafting a Sharia-Compliant Islamic Will and Estate Plan in New York

At Klenk Law, we are often asked to incorporate our clients’ religious principles into their estate plans. Recently, we have noticed a significant increase of inquiries regarding Sharia Compliant Wills, which is an excellent topic for discussion.

Source of Principles

The four sources for the principles that guide Sharia Compliant Wills are:

the Qur’an,
Sunnah,
Ijma, and
the Qiyas.

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29 Oct, 2015

How do I manage medical decisions for my son if he is in another state?

From our “Ask a Question” mailbag: My son does not get along with his stepfather and wants to move to another state to live with relatives. He won’t turn 18 for another year. How do I manage medical decisions for him if he is in another state?

For non-emergency medical care, there is likely no problem as you can communicate with his local doctor and give authorization for examinations or minor care. Work with his doctor and give their office the authorization that they request.

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21 Oct, 2015

Can my future son-in-law claim my daughter’s inheritance if no prenup is signed?

From our “Ask a Question” mailbag: What if my future son-in-law refuses to sign a prenuptial agreement? Can he claim a share of what I leave my daughter?

If your daughter marries her fiancé without a prenuptial agreement, and commingles with her husband’s assets what she inherits from you, then—in a divorce—she may lose a share or all of her inheritance. Further, if she dies after receiving the inheritance, she may give all of her inheritance to her husband who is free to then leave those assets as he sees fit at his death.

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20 Oct, 2015

How do I protect my dad from criminal telemarketers in Atlantic County?

From our “Ask a Question” mailbag: My father has reached the age where he has become trusting to a fault. He was called by an unscrupulous telemarketer and fleeced out of several thousand dollars. I am worried that his number will now be passed around to other criminals and he will write more checks. How do I protect my dad from criminal telemarketers?

Your suspicions are right—once your dad’s recognized as a potential “mark” among the criminal community, he could become a target for scammers who pretend to be calling him on your behalf, asking for payments toward funeral expenses, emergency medical bills, or sweepstakes prize processing fees. According to the FBI, your father likely shares traits that were common among his generation — raised to be polite and trusting, and often reluctant to hang up the phone even if they suspect a scam.

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18 Oct, 2015

Which kind of trust is the best to avoid probate in New Jersey?

From our “Ask a Question” mailbag: There seem to be many different types of trusts. Which one is the best to avoid probate?

Trusts are very flexible estate planning tools. They can be used to avoid creditors, shelter assets from divorce, reduce taxes, and to avoid probate. To avoid probate in New Jersey, you could use a Revocable Living Trust or you could use any number of different Irrevocable Trusts.

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16 Oct, 2015

How does an Anchor Baby support himself in the United States?

From our “Ask a Question” mailbag: The term “Anchor Baby” is in the news, referring to parents coming to the USA to have a baby that automatically qualifies for citizenship simply by being born on American soil. Given that this is completely legal, and given that these parents obviously care about their child’s future and don’t want the child to be left in the USA without support, how can these parents plan ahead for the child’s care?

Any person on earth is able to form a protective trust in the United States for their child. The trust has to have a connection to the United States, so it will require a trustee located in the United States.

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16 Oct, 2015

How do I protect my collection of Curt Schilling memorabilia from my new wife?

From our “Ask a Question” mailbag: I have a collection of Curt Schilling memorabilia that I have been gathering since he started pitching for the Phillies in 1992. It is worth some money, but is mostly something that my son and I have shared together and is near to our hearts. I am remarrying soon and I am worried that — should I die — this collection will become a problem between my wife and my son. I would give the collection to my son now, but he has no place to keep it yet. Any suggestions?

You are right to worry about the impact a second marriage can have on the children from your first marriage. No matter how well they get along, after you die there are going to be opportunities for conflict between your second wife and your children.

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14 Oct, 2015

How do I make sure there is an inheritance leftover for family once my partner dies?

From our “Ask a Question” mailbag: I want to leave my long time partner my house. However, at his death I want it sold so the money can pass to my nieces. How can I make sure this happens?

This is a common issue with gay and lesbian couples. Often, one partner owns the house and—though they want their partner to be able to live in the house until the partner’s death — there is a concern about putting the house into the surviving partner’s name.

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13 Oct, 2015

Protecting New Jersey Inheritance from Potential Ex-Spouse Claims

From our “Ask a Question” mailbag: What if my son-in-law refuses to sign a prenuptial agreement? Can he claim a share of what I leave my daughter?

If your daughter marries without a prenuptial agreement, then commingles what she inherits from you with her husband’s assets, then she may well lose some or all of that inheritance after a divorce. Further, when she dies, she may well leave all of her inheritance to her husband, who is then free to leave those assets as he sees fit at his death.

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9 Oct, 2015

Do I need a lawyer to change my dad’s New Jersey will?

From our “Ask a Question” mailbag: I am the executor of my Dad’s will (he is alive and living in Atlantic County). I would like to make a minor change to his will. My Dad agrees to the change. Do I need a lawyer to change the will?

Each competent person over the age of 18 can have a will, but only that person can change or modify the will. Your dad is free to change the will if he is still competent. The Executor is the person who carries out the terms of the will after death, so right now you have no power to do anything, especially make changes.

Given your question, if the change benefits you over the other heirs, you are setting yourself up for a Will Challenge, lots of angry family members and lot of expensive litigation. Your dad should contact an experienced New Jersey Estate Planning Lawyer—without you being involved in any manner—and have that attorney make the change.

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