Even a New Jersey resident who has some experience with the law or with financial matters may feel a bit overwhelmed when he or she finds out that he or she has been named as the executor or administrator of an estate.
To spend or to save? This is a question that can come up throughout a person’s life. This includes during retirement. For retirees, this question can take on a slightly different form: Should I plan to spend most or all of my nest egg or should I plan to leave some behind to give as an inheritance to my loved ones?