A third-party special needs trust is funded with assets belonging to someone other than the beneficiary, commonly a parent, grandparent, or other relative. Assets can be transferred during the contributor’s ...
More and more New Jersey residents are choosing to age independently. The freedom and flexibility of life without spouses or children has a flipside: it requires especially thoughtful estate planning. ...
Divorce is hard enough under the best of circumstances. But, when special needs children are involved, the situation becomes even more complicated. While you and your spouse may be focused ...
A general durable power of attorney is an important estate planning and elder law planning tool. A power of attorney allows the attorney-in-fact, also referred to as the agent, to ...
A critical part of estate planning involves identifying your beneficiaries, and specifying what they will inherit. Parents (particularly those who are widowed or divorced) often designate their children as beneficiaries. ...
Legal documents can be difficult to understand, containing unfamiliar words. In the case of Wills, certain key terms frequently cause confusion – specifically, Executor, Trustee, and Testamentary Guardian. We ...
Many of us accumulate assets over the course of our lives – assets such as a home, a business, stocks and bonds, jewelry, cars, and assorted other personal items of ...