Wealth preservation involves strategies designed to protect assets from liabilities, taxes, and other financial risks. Its primary goal is not just to grow wealth but to ensure its longevity and stability for future generations or retirement. At Falcon Law Group, our services such as Wills, Trusts, and Estate Planning are tailored to protect and manage […]
read moreGrantor Trusts are a critical component of estate planning, allowing individuals to manage how their assets are handled both during their lifetime and after. A Grantor Trust is created when one person, the grantor, places assets into a trust and retains certain control over the trust’s income or assets. In New Jersey, these trusts offer […]
read moreFor those looking to manage their estate effectively while planning for the future security of their residence, understanding the concept of Personal Residence Trusts (PRTs) is crucial. At Falcon Law Group, we are focused on guiding clients through the challenges of setting up a Personal Residence Trust, a type of irrevocable trust designed to transfer […]
read moreNJ DDD Update: HCBS Student Loan Redemption Program: New Jersey’s Department of Human Services, Department of Children and Families, and Higher Education Student Assistance Authority recently announced the Home and Community-Based Services Provider Loan Redemption Program (HCBSP-LRP), a new initiative that will provide student loan redemption up to $50,000 to certain licensed health care, behavioral […]
read moreCharitable trusts are powerful tools for individuals looking to leave a lasting legacy. In New Jersey, establishing a charitable trust with Falcon Law Group can not only provide significant tax benefits but also ensure that your philanthropic goals are met. A charitable trust is a legal arrangement that allows assets to be held and managed […]
read moreThe law is confusing and scary if you don’t deal with it every day.
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