Your father requires long-term care. You know it and so does the rest of your family. He no longer can function independently, and his health continues to fail. While family members have worked in shifts to allow your father to remain at home, this is no longer a...
Having an irrevocable trust remains an effective way to protect your estate’s assets. Such a trust cannot be changed in any way. The terms within the trust make it permanent, but exceptions do exist. There are key advantages of irrevocable trusts compared with other...
Over the course of the last decade, individuals have seen the growing importance of and reliance upon digital assets. These are intangible assets that exist in an online environment or computer hard drive. Digital assets can include anything from online movie...
Most people dread the prospect of having taxes levied on their estate. While this event happens to few people, the amount that taxes can reduce an estate’s value by is significant. In New Jersey, though, not only could your estate face taxation, some of your...
Most people are forgetful from time to time. However, when you noticed your parent calling you by the wrong name, forgetting important events and generally not seeming like him or herself, you began to feel concerned, mainly because your parent had reached his or her...
You always knew that your child would one day grow up and go to college here in New Jersey or maybe out of state. This year is the year that your child reaches that milestone, and you have likely already done a lot of preparation to get him or her ready to head off to...
If you are beginning to think about your future and the possibility of eventual nursing home care, you are probably also thinking about Medicaid and its connection to nursing home eligibility.You want your assets to go to your heirs rather than spending down to meet...
Medicaid is one of the many government programs that most people need help to navigate successfully. The rules change frequently and there are new requirements for 2020.In New Jersey, residents 65 years of age and older may qualify for various Medicaid programs as...
There are several important estate planning tools, but perhaps none more essential to peace of mind than financial powers of attorney and advance directives or medical proxies.Both documents can go into effect during your lifetime. They represent thoughtful planning...
If you are in the process of creating or updating your estate plans, you may want to think about incorporating a trust to help protect your legacy. Trusts are not for everyone. Many people who have basic assets and wealth do not necessarily need to have trusts....
