Estate Planning vs. Elder Law in New Jersey
One of the questions we are often asked is what is the difference between estate planning and elder law. As both an estate planning attorney and elder law attorney, I ...
5 Things You Might Not Know You Need To Do When A Loved One Dies
Dealing with the death of a loved one is an overwhelming experience. Time seems to both slow down and speed up and the rollercoaster of emotions is overpowering. Even though ...
Cryptocurrency & Estate Planning
Cryptocurrencies have taken the financial world by storm over the past couple of years, which means we in the estate planning world better hurry up and figure out how to ...
Avoiding A Family Feud Over Your Estate Plan
In a year where we are wading through a new tax law and have a lot of questions about which way the market might be headed, 44% of estate planning ...
Independent Contractors Should Consider an LLC
With the downturn in the economy and more people losing their jobs, more people are turning to their entrepreneurial spirits and starting their own businesses. At-home businesses are booming and ...
The New Federal Tax Law – It Still Pays to Give
There is much confusion about the impact of the “phase-out” of itemized deductions for high income tax payers. As we noted in last week’s post, under the new federal tax ...
Business Partnerships in Estate Planning
Changes in Partnership Usually when a business partner dies, a business partnership is considered legally dissolved. If more than two people are business partners though, the partnership can continue despite ...
New NJ Medicaid Rules for Elder Care
Effective December 1, 2014, an amendment to the New Jersey Medicaid program will create elder care opportunities for individuals who are caught in a sort of limbo. These individuals earn ...
Inheriting a Parent’s Real Estate: Tax Issues
Inheriting a parent’s real estate can certainly be a good thing. But, it can be complicated with regard to various tax issues. Below is a simple example to help you ...
Bankruptcy, Creditors, and Individual Retirement Accounts
When a person files for bankruptcy, certain of his assets may be exempt from the bankruptcy estate available to creditors. This is the case with traditional and Roth Individual Retirement ...