Estate Planning – Caring for Loved Ones with Special Needs: Part 4
As discussed in Parts 1-3 of this series, a “Special Needs Trust” is used to hold assets for a person with a physical or mental disability or with chronic illness. ...
Estate Planning – Caring for Loved Ones with Special Needs: Part 3
In discussing Special Needs Trusts, it is important to remember that their purpose is to improve the quality of disabled people’s lives beyond the basic assistance provided by government programs. ...
Estate Planning – Caring for Loved Ones with Special Needs: Part 2
In our prior posting, we defined “Special Needs Trusts.” To recap, a “Special Needs Trust” is used to hold assets for a person with a physical or mental disability or with chronic illness. ...
Estate Planning – Caring for Loved Ones with Special Needs: Part 1
If you or a loved one has special needs, you will be faced with a unique set of issues when undertaking estate planning. This post is the first in a ...
October is National "Special Needs" Law Month!
In honor of National Special Needs Law Month, we will be posting articles throughout October pertaining to estate planning and caring for loved ones with “special needs.” We will discuss Special ...
Death in the Digital Age
Today, people of all ages and income levels are part of a digital revolution. They are using computers and smart phones (based on digital technology) to access a huge ...
Losing A Loved One – Eight Tasks that Must be Addressed
When a loved one passes away, there is, naturally, great sadness. But, for the surviving spouse or other family members, there’s little rest for the weary. Not only is time ...
Minimizing New Jersey Estate Taxes – Is a "Credit Shelter Trust" right for you?
Married couples with children or other loved ones to whom they wish to leave assets should seriously consider including Credit Shelter Trusts in their Wills. Currently, in New Jersey, ...
Family Owned Business and Succession Planning – The Stakes are High!
Approximately 90% of U.S. businesses today are family owned or controlled. For many owners, the business represents their largest financial asset. If you are a business owner at some point you ...
Is a Living Trust Right For You?
There are a variety of options that a person should consider when proceeding with estate planning. Each person’s situation is unique, and estate planning is not “one size fits all.” ...