Joseph M Hoffmann Law Office
Call now
Call now
Website
Call
We are a Law Firm that focuses on business, personal, financial, tax, disability issues and trusts. With over 30 years of court and office experience, we have completed more than 1,000 estate/asset protection plans and over 2,000 real estate transactions. With our experience, we can represent most clients and complete their plans, documents, and legal needs quicker and more efficiently than they anticipate.
Services
GRITS, GRATS and QPRITS are all acronyms (names) for some of the available special-planning techniques used by our office to minimize federal estate taxes.
For example, a "QPRIT" is a "Qualified Personal Residence Trust".
It reflects a planning technique permitted under sections of the Internal Revenue Gift and Estate Tax Code to allow part of the value of up to two homes to be excluded from your taxable estate.
We can review these and many other estate tax planning techniques with you.
The Internal Revenue code imposes a steep tax upon estates which are greater than the current exemption ($5,000,000 in 2012).
We enable a separate list to give family heirlooms to the people you love, without changing your Will.
We can set up your plan so that your family does not have to go through a complex estate administration or purchase any bonding.
We make sure that your documents are properly signed notarized and finalized and that you know how to keep and use them.
We meet with you and answer all of your questions about corporations, limited liability companies and limited partnership so that you can choose the proper new format for your business.
We give you written guidance and a checklist so that you can focus on forming your entity and avoiding mistakes.
We also talk with your accountant if needed.
We do your name availability search and then prepare and file your Corporation, LLC or partnership registration papers with the state of New Jersey and obtain your filed certificate.
YES! New Jersey law now allows people to set up a "Pet Trust" to take care of their domesticated animals after they're gone.
The pet trust can be set up as a separate written document or a part of your Will or estate plan.
One person can serve both functions and we recommend you consider providing for alternates.
If there is any money left over after your pet's needs are met, you can leave it to any beneficiary.
The amount cannot substantially exceed the amount reasonably required for your animal's care, veterinary expenses and needs.
The King could do no wrong and no one could rule against him.
Until recently, all legal systems had the "Doctrine of sovereign immunity."
Simply stated, it said you cannot sue any government authority, entity, board or municipality for any wrongdoing.
New Jersey did not change this law until 1972 when it adopted the "Tort Claims Act."
Many states, and most jurisdictions still do not allow lawsuits against the government or its boards, employees, entities and agencies.
The modern rationale for the law is that to allow lawsuits would overrule the ministerial decisions made by governments as to how they used their limited resources.
Reviews
Review Joseph M Hoffmann Law Office

Be the first to review Joseph M Hoffmann Law Office.

Write a Review