Attorneys at Law
An executor, often referred to as a personal representative, is someone you appoint in your will to manage your estate’s affairs after you pass away. Their primary responsibility is to ensure that your assets are distributed according to your wishes as outlined in your will. If the deceased had a will, the executor initiates the […]
Executors: The Guardians of Your Will Read More »
Choosing an Executor or a Trustee: Making Informed Decisions for Your Estate When it comes to estate planning, one of the crucial decisions you need to make is selecting the right individuals to handle your affairs after you’re gone. These individuals are known as executors and trustees. They play distinct but equally important roles
Choosing an Executor or a Trustee: Making Informed Decisions for Your Estate Read More »
Regardless of your age or wealth, an estate plan provides you with the security needed for what can be an uncertain future. Estate planning allows individuals to protect and manage their assets, while ensuring their loved ones are cared for in the event of their passing. One powerful tool that accomplishes these goals is an
What Is an Irrevocable Trust? Read More »
Planning your estate is an essential aspect of securing your future and protecting the interests of your loved ones. However, creating an estate plan should not be a one-time event. Life is ever-changing, and as such, your estate plan should evolve to reflect your current circumstances and goals. In this blog, we will explore the
Updating Your Estate Plan: When and Why It’s Necessary Read More »
Special Needs Trusts are authorized under federal law 42 U.S.C. § 1396p(d)(4)(A). They are a type of trust that preserves the Special Needs Trust beneficiary’s eligibility for needs-based government benefits such as Medicaid and Supplemental Security Income (SSI). These trusts may also be called a supplemental needs trusts, or ”d4A”. The New Jersey regulations for
What Are Special Need Trusts? Read More »
The technological revolution has undoubtedly made our lives easier. Almost any product or service imaginable is at our fingertips, giving us instant gratification. But as the new reality of digital convenience continues to make our lives less burdensome, some online services sacrifice quality for the sake of expediency. Online legal services, for example, although practical,
Online Wills: Why a Digital Shortcut May Result in Unforeseen Consequences Read More »
A significant concern for people over 65 while planning their estate is accounting for their long-term care needs. Long term care includes the services necessary to meet health or personal care needs over an extended period, including medical and non-medical care for people with a chronic illness or disability. Medicaid can provide its applicants with
Medicaid and Estate Planning Read More »
The technological revolution has undoubtedly made our lives easier. Almost any product or service imaginable is at our fingertips, giving us instant gratification. But as the new reality of digital convenience continues to make our lives less burdensome, some online services sacrifice quality for the sake of expediency. Online legal services, for example, although practical,
Online Wills: Why a Digital Shortcut May Result in Unforeseen Consequences Read More »
PROTECTING YOUR LOVED ONES AND ASSETS When is the right time to create a will? Virtually everyone postpones writing a will. Seven out of ten Americans never get around to writing this important legal document. Many people do not realize that writing one actually is a gift to your children, grandchildren and spouse. Triggering Events
WHEN SHOULD YOU CREATE A WILL? Read More »