Consult an Elder Law Attorney for Peace of Mind
An Elder Law Attorney can help a family plan for medical expenses, minimize tax liabilities and preserve wealth by drafting necessary legal documents including a power of attorney, a living ...
Do It Yourself Legal Matters
In these economic times, people are constantly looking for ways to save money and some are choosing to more things themselves rather than hire a professional. You might decide you ...
Benefits of a Living Trust
Benefits of a Living Trust A living trust offers protection in cases of incapacity. The grantor of a living trust places property in the trust. The grantor designates a trustee ...
Do We Need a Trust in Our Estate Plan?
Not every family needs a trust, but many people can benefit from including one in their estate plan. Whether a trust makes sense depends on your assets, your family structure, ...
Planning Ahead Eases Stress of Losing a Loved One
You Need an Estate Plan One of the greatest gifts you can give your loved ones is an estate plan. Imagine the chaos of dividing a home, all the furnishings, ...
What is a Living Trust?
A living trust is another name for a revocable trust, that is a trust established by the grantor who funds the trust with assets and which allows the grantor the ...
Revocable Trusts vs. Irrevocable Trusts
As the names suggest, a revocable trust can be modified, amended and/or revoked by the grantor at any time whereas an irrevocable trust cannot be revoked by the grantor, ever. The ...
Beneficiary Proceeds Controlled by Ex-Spouse
When a couple divorces there are many documents which need to be changed. Bank accounts need to be separated, your last will and testament likely needs to be changed assuming ...
Contemplating Divorce? Consider the Rules as to Changing the Beneficiary of a Life Insurance Policy in New Jersey
A designated beneficiary receives the proceeds of a life insurance policy upon the death of a decedent. The owner of a life insurance policy can change the designated beneficiary by ...
Prenuptial Agreements: An Asset Protection Planning Tool Before You Say “I do” a Second Time
Premarital or Prenuptial Agreement A prenuptial agreement (also known as a premarital agreement or an ante nuptial agreement) is a contract between spouses which is made before the marriage. The ...