Insights into Elder Law, Estate Planning, Probate and Real Estate Law in NJ
No matter where you are in the estate planning process or if you are just starting to consider your options, you probably have questions about how you want your assets distributed and who should be given that responsibility. A trust can be a great tool in your estate planning tool kit. A properly created trust […]
We are all ready for this pandemic to be over after dealing with several waves of the Coronavirus. Unfortunately, the possibility of contracting COVID-19 remains a reality. Last year, the Biden Administration put in place the National COVID-19 Preparedness Plan to establish four key goals for handling the virus while it remains a threat: Protect […]
There are many costs associated with aging well and securely. The financial toll for millions of the elderly and those families who do their best to care for and support them. Long-term care facilities and retirement communities cost staggering amounts of money, as do the high costs of premiums to maintain a long-term care insurance […]
Three out of four Americans 50 and over desire to age in place, according to AARP. These seniors and near seniors are willing to employ alternative solutions to facilitate this. The alternatives include home-sharing (32%), building an additional or accessory dwelling unit (31%), and locating into villages that provide services that enable aging in place […]
An elder law attorney can benefit you if you have concerns about the health and financial well-being of a loved one in the future or if you have concerns about your own aging parents. Elder law is a highly specialized area of law focusing on the legal needs of older adults encompassing more significant issues […]
Having a disability attorney represent your interests when applying for disability benefits has many advantages. Hiring a disability attorney can streamline the process for faster approval. Federal law regulates the fees when hiring a disability attorney to correlate to your date of entitlement or disability payback which is generally 25 percent or about $6,000. Upfront money requirements […]
Aging in place is becoming an increasingly popular option for aging Americans. Nearly all older adults prefer to age in the comfort of their long-time homes and familiar community surroundings. Aging in place often means living alone. Pew Research findings show that older people are more likely to live alone in the United States than […]
In addition to guardianships and conservatorships, will contests, real estate disputes, and litigation over the true intentions of gifts, probate litigation may include guardianship disputes and conservatorship disputes. The most successful approach to mitigating or avoiding probate litigation risk is carefully planning for the future. Comprehensive estate plans that are routinely updated, careful consideration and […]
Estate planning presents unique challenges for families with special needs children. Optimizing your estate to use, enhance, and enrich assets for your special needs child while maintaining their enrollment in public benefits programs requires careful planning. An estate planning attorney can prepare a special needs trust to accomplish these and other goals you have for […]
Most likely, you have a beneficiary, as beneficiary designations are common in retirement accounts, wills, and trusts. A beneficiary is an individual (or legal entity) to receive the proceeds from a financial product or vehicle when the owner passes away. What begins as a simple directive in naming a beneficiary can suddenly become complex with […]
A Health Care Power of Attorney, also known as a Health Care Proxy or Durable Power of Attorney for Health Care, lets you appoint someone (a proxy or agent) to make health care decisions on your behalf if you are incapable. If you are unable to manage your health care alone, you can give legal […]
We all dream of the day when we can retire. Planning can be done no matter what your age, but experts encourage people to start as early as possible. Retirement planning can seem like a daunting endeavor for many people as they focus on day-to-day financial obligations. Many people have no idea where to start. […]