2016 update Wills and Estate Planning- Free Seminar January 13, 2016 Wednesday 12:15-1:00 PM and again 5:15pm-6pm

5:15pm-6pmat Law Office of Kenneth Vercammen, 2053Woodbridge Ave, Edison, NJ 08817 Invited: Clients, Friends, Accountants, BusinessOwners, Professionals, HR staff, Financial Planners, Insurance Agents, NursingHome Staff, Hospital and Nursing Home Social Workers, Office on AgingPersonnel, Senior Club Presidents, and Medicaid Workers,COST: Free if you pre-register by email. Complimentary materials provided at 12:00 sharp. Wepreviously held this seminar for the Metuchen and Edison Adult schools. Thisprogram is limited to 15 people. Please bring a canned food donation, whichwill be given to a community food bank. Please email us ifyou plan on attending or if you would like us to email the materials.SPEAKER: Kenneth Vercammen, Esq. (Author- Answers to Questions AboutProbate) The NJProbate Law made a number of substantial changes in Probate and the administrationof estates and trusts in New Jersey. MainTopics:1. The New Probate Law and preparation of Wills 2. 2016 changes in Federal Estate and Gift Taxexemption3. Reducing NJ Estate Tax on estates over $675,0004. Power of Attorney 5. LivingWill 6.Administering the Estate/ Probate/Surrogate 7. Questionand Answer COMPLIMENTARY MATERIAL: Brochures onWills, “Answers to Questions about Probate” and Administration of anEstate, Power of Attorney, Living Wills,Real Estate Sales for Seniors, and Trusts. Co-Sponsor: Middlesex County EstatePlanning CouncilTo attend email VercammenLaw@Njlaws.com forInformation: Mike McDonald 732-572-0500 Straightforward and to-the-point,Wills and Estate Administration provides step-by-step guidance thatfirms can use to handle all aspects of an estates practice, from initial clientintake to closing the file. Topics are defined in six parts for ease of use: Preparation for Wills/Estate Planning Interviews Interviewing Clients Additional Estate Planning Issues Estate Administration Guardianship of Disabled or Incompetent Parents Marketing Your Wills and Estate Administration Practice Making this an essential resource for soloand small firm practitioners, the author includes numerous forms for eachtopic, and they are also available for download online. Thebook is basic and written to help new and transitional attorneys. In addition,tips on practice management will help seasoned attorneys. List Price: $79.95ABA Price: $69.95ISBN: 978-1-63425-380-2Product Code: 51504842015, 290 pages, 7 x 10,PaperbackABA Service Hotline 800-285-2221312-988-5000″Have just finishedKen Vercammen’s excellent book on Wills, Estate Administration, and Guardianship.It is a very practical book that examines the business of an estate and trustpractice. This step-by-step analysis is complete with forms and helps even theseasoned practitioner streamline his practice.”-ThomasD. Begley, Jr., Esq., Begley Law Office, NJAboutthe Author: Kenneth A.Vercammen is a trial attorney in Edison, NJ. He is co-chair of the ABA Probate& Estate Planning Law Committee of the American Bar Association Solo SmallFirm Division. The is the author of theABA book Wills and Estate Administration, available athttp://shop.americanbar.org/.He is a speaker for the NJ State BarAssociation at the annual Nuts & Bolts of Elder Law & EstateAdministration program. He was Editor of the ABA Estate PlanningProbate Committee Newsletter. Mr. Vercammen has published over 150 legalarticles in national and New Jersey publications on Wills, litigation, estates,probate law and trial topics. He is a highly regarded lecturer on litigationand probate law for the American Bar Association, NJ ICLE, New Jersey State BarAssociation and Middlesex County Bar Association. His articles have beenpublished in noted publications included New Jersey Law Journal, ABA LawPractice Management Magazine, and New Jersey Lawyer. He established the NJlawswebsite www.njlaws.com which includes many articles on Estate Planning,Probate and Wills.KENNETH VERCAMMEN & ASSOCIATES, PCATTORNEYAT LAW2053 Woodbridge Ave.Edison, NJ 08817(Phone) 732-572-0500(Fax)732-572-0030www.njlaws.com http://www.njwillsprobatelaw.comTable of Contents ABAs new book Wills and Estate Administration Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . ixAcknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . xiPreparation for Wills/Estate Planning Interviews . . . . . . . . . . 1Handling TelephoneCalls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1Initial Responsesto Calls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Calls from NewClients . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Subject Matter ofCalls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Reminder Calls . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4TelephoneConsultations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Rejected Cases . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Referrals . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 5Estate PlanningConsiderations . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Fees . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 6Exhibit 1-1: WillAppointment Cover Letter . . . . . . . . . . 7Exhibit 1-2:Estate Planning Appointment CoverLetter . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9Exhibit 1-3: NewClient Cover Letter . . . . . . . . . . . . . . 11Exhibit 1-4: NewClient Questionnaire . . . . . . . . . . . . . 12Exhibit 1-5:Confidential Will Questionnaire . . . . . . . . 14Exhibit 1-6:Estate Planning Questionnaire . . . . . . . . . . 21Exhibit 1-7: Powerof Attorney Questionnaire . . . . . . . 26Exhibit 1-8: WillEstate Planning Consult Bill . . . . . . . 29Exhibit 1-9:Agreement to Provide Estate PlanningLegal Services . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 31Interviewing Clients . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 35InitialAppointments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 35Wills . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 36Importance ofWills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37Will Types . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39Will Clauses . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39IV Wills andEstate AdministrationPreparing Draftsof Estate Planning Documents . . . . . . . . . 40Guardianship ofChildren . . . . . . . . . . . . . . . . . . . . . . . . . . . 41Need for PeriodicReview . . . . . . . . . . . . . . . . . . . . . . . . . . . 42Cost Reductions .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43Revisions in Wills. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43Children fromPrior Marriages . . . . . . . . . . . . . . . . . . . . . . . 43Separated orDivorced Persons . . . . . . . . . . . . . . . . . . . . . . . 44Gay and LesbianClients . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46Referring CasesOut . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46Explaining Costs .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47Will PreparationCosts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48Power of Attorney. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50Importance ofPower of Attorney . . . . . . . . . . . . . . . . . . . . . 50Gift-Giving Clause. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52Going into Effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53Living Wills . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .53StatuteRequirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55Health CareRepresentative . . . . . . . . . . . . . . . . . . . . . . . . . . 55Advance Directives. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55Organ Donor Option. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61Estate Planningfor Alzheimers Patients . . . . . . . . . . . . . . . 62The MissingClientBe Wary . . . . . . . . . . . . . . . . . . . . . . . . 63Tax Matters andCredit Shelter Trust Preparations . . . . . . . . . . . 64What Is a CreditShelter Trust? . . . . . . . . . . . . . . . . . . . . . . . 65State Estate Taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67Document Signings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68Wills SigningsOutside Office . . . . . . . . . . . . . . . . . . . . . . . . 73Follow-up afterSigning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73Newsletter toClients . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73Referrals . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74Uniform ProbateCode . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74Exhibit 2-1:WillHusband to Wife with Trust forMinor Children andGuardians Selection . . . . . . . . 83Exhibit 2-2:WillWidow/Widower Spouse withChildren . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92Exhibit 2-3:WillUnmarried Couple with NoChildren . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93Exhibit 2-4:WillBasic to Spouse and Childrenwith No Trust . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94Contents vExhibit 2-5:WillUnified Credit Trust to ReduceEstate Taxes . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96Exhibit 2-6: WillRevision Services Bill . . . . . . . . . . . . 99Exhibit 2-7:Codicil to Will . . . . . . . . . . . . . . . . . . . . . . 101Exhibit 2-8: WillServices Bill . . . . . . . . . . . . . . . . . . . . 105Exhibit 2-9:General Durable Power of AttorneyForm . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107Exhibit 2-10:Revocation of Previous Wills andPowers of Attorney. . . . . . . . . . . . . . . . . . . . . . . . . 113Exhibit 2-11:Living Will and Durable Power ofAttorney . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 114Exhibit 2-12: Powerof Attorney Taking Effect . . . . . 119Exhibit 2-13: WillDraft Letter . . . . . . . . . . . . . . . . . . . 121Exhibit 2-14: WillSignings Outside Office . . . . . . . . . 123Exhibit 2-15:Post-Will Signing Letter to Clients . . . . 125Exhibit 2-16:Client End-of-Case Questionnaire . . . . 128Exhibit 2-17:Brochure Request Letter . . . . . . . . . . . . 131Exhibit 2-18:Referral Thank You . . . . . . . . . . . . . . . . 133Additional Estate Planning Issues . . . . . . . . . . . . . . . . . . . . .. 135Preparation ofLetters of Instruction . . . . . . . . . . . . . . . . . . . . . 135Content of Letters. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135Confidentiality ofFiles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137PractitionerOrders for Life-Sustaining Treatment . . . . . . . 138PatientInformation Disclosure . . . . . . . . . . . . . . . . . . . . . . 138PrenuptialAgreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138Problems ofProbate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144Revocable LivingTrusts . . . . . . . . . . . . . . . . . . . . . . . . . . . 144TransferringProperty into the Trust . . . . . . . . . . . . . . . . . . 145Irrevocable Trusts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146Marital TaxDeductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146Special NeedsTrusts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 147QualifiedTerminable Interest Property Trust . . . . . . . . . . . 148Medicaid Issues .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 149Impact of Divorce. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150MedicaidSpend-Down and the Mentally Incompetent . . 151Long-Term CareExpenses . . . . . . . . . . . . . . . . . . . . . . . . . 151Questions to Askabout Long-Term Coverage . . . . . . . . . 152VI Wills andEstate AdministrationSigning House Overto Children . . . . . . . . . . . . . . . . . . . . . 153Providing for Pets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153UnexpectedIllness/Disability . . . . . . . . . . . . . . . . . . . . . . . 154Exhibit 3-1:Letter of Last Instructions . . . . . . . . . . . . 156Exhibit 3-2:Confidentiality of Files/Requests forCopies . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161Exhibit 3-3:Acknowledgment of Receipt ofDocuments . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 164Exhibit 3-4: HIPAAAuthorization to DisclosePatientInformation . . . . . . . . . . . . . . . . . . . . . . . . . 165Exhibit 3-5:Irrevocable Trust [Wife to Husband] . . . 167Estate Administration . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 179Filing a ProbateApplication . . . . . . . . . . . . . . . . . . . . . . . . . . . . 180Qualifying theExecutor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 181Probate Notices .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 181InheritanceRenunciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 185Assets That Do NotPass under a Will . . . . . . . . . . . . . . . . . . . . 185Tax Issues . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 186Finalizing theEstate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 186Testamentary Trust. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 187Consulting Feesfor Probate Issues . . . . . . . . . . . . . . . . . . . . . . 189Intestacy . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .190Elective Share ofSpouse . . . . . . . . . . . . . . . . . . . . . . . . . . . 194Undue InfluenceChallenge . . . . . . . . . . . . . . . . . . . . . . . . . . . . 194Caveat to Will . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 198Removing anExecutor of an Estate . . . . . . . . . . . . . . . . . . 199Complaint forAccounting . . . . . . . . . . . . . . . . . . . . . . . . . . 199ExecutorsCommissions . . . . . . . . . . . . . . . . . . . . . . . . . . . 200Unsold Real Estateand Other Property . . . . . . . . . . . . . . . 200Exhibit 4-1: Condolence/WillRevision Letter . . . . . . 202Exhibit 4-2:Probate/Inheritance/EstateAdministrationQuestionnaire . . . . . . . . . . . . . . . . 203Exhibit 4-3:Retainer Cover Letter . . . . . . . . . . . . . . . . 209Exhibit 4-4:Agreement to Provide Probate LegalServices . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 210Exhibit 4-5:Executor Duties . . . . . . . . . . . . . . . . . . . . 214Contents viiExhibit 4-6:Notice of Probate . . . . . . . . . . . . . . . . . . . 218Exhibit 4-7:Certificate of Mailing . . . . . . . . . . . . . . . . 221Exhibit 4-8:Transfer Inheritance Tax BureauLetter . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 222Exhibit 4-9:Release and Refunding BondLetter/Form . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 223Exhibit 4-10: RealEstate Waiver Filing . . . . . . . . . . . . 228Exhibit 4-11:Agreement to Provide LegalServicesProbate .. . . . . . . . . . . . . . . . . . . . . . . . . 229Exhibit 4-12:Will/Estate Consultation Bill . . . . . . . . . 231Exhibit 4-13:Renunciation for Administration . . . . . . 232Exhibit 4-14:Complaint to Remove Executor,Documents . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 233Exhibit 4-15: Complaintto Replace Executor . . . . . . 245Guardianship of Disabled or Incompetent Parents . . . . . . . 249Exhibit 5-1:Guardianship Interview Form . . . . . . . . . 252Exhibit 5-2:Guardianship Legal Services Fees . . . . . 257Exhibit 5-3: Complaintfor Guardianship . . . . . . . . . . 260Exhibit 5-4:Affidavit of Next of Kin . . . . . . . . . . . . . . 261Exhibit 5-5:Letters to Doctors to Be Deliveredby Client . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 262Exhibit 5-6:Affidavit of Doctor 1 . . . . . . . . . . . . . . . . 263Marketing Your Wills and Estate AdministrationPractice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 265Seminars Sponsoredby Community Organizations . . . . . . . . 265Hosting Seminarsin Your Office . . . . . . . . . . . . . . . . . . . . . . . . 265Seminar Practice .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 266SeminarPreparation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 266AmericanAssociation of Retired Persons Membership . . . . . 267Happy HourNetworking with Professionals . . . . . . . . . . . . . . 267Marketing viaWebsites . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 268Setting up a Blogon Wills and Probate for Free . . . . . . . . 268Gift Certificatesfor Services . . . . . . . . . . . . . . . . . . . . . . . . . . . 269Maintaining ClientContact . . . . . . . . . . . . . . . . . . . . . . . . . . . . 270viii Wills and EstateAdministrationConclusion . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 270Exhibit 6-1:Sample Letter to Senior Groups . . . . . . . 271Exhibit 6-2:Confirm Will Seminar . . . . . . . . . . . . . . . . 273Exhibit 6-3:Sample Flyer for Will Seminar . . . . . . . . 275Exhibit 6-4: Itemsto Bring to Wills and Elder LawProgram . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 276Exhibit 6-5: LawOffice Seminar PromotionalFlyer . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 277Exhibit 6-6: Willsand Estate AdministrationSeminar Evaluation. . . . . . . . . . . . . . . . . . . . . . . . . 278About the Author . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . 279

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