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Help with Family, Finances
and the future
Help with Family, Finances
and the Future
When you are creating an estate plan, there are numerous options that you have to convey your wishes. Generally, people will choose to use a will and trusts to get their assets distributed in accordance with their wishes. Understanding trusts can be complicated, but...
Dealing with the death of a loved one is a difficult situation. When things settle down some and you start to deal with the estate of your loved one, you might begin to think that something seems amiss. We know that you don't want to have to wage a legal battle over...
When you are creating a will, you likely want the will to be as comprehensive as possible. That is a good idea, but you should know that there are some items that aren't appropriate to include in a will. Understanding this before you write out your will can help you...
Our latest Blog published on FamilyAffaires.comAs an estate planning and elder law attorney, I have often urged my clients to consider consolidating their bank accounts, for several reasons. First, it makes your life easier. Second, if you become unable to manage your...
We have often discussed making plans for your medical care, such as appointing a health care power of attorney. It might shock some of our readers to know that there is some concern about how Healthcare Insurance Portability and Accountability Act of 1996 affects the...
If you're a young professional of the millennial generation, you've probably got a lot on your plate. High unemployment during the Great Recession, an average of $30,000 in student loans -- you've even redefined the American Dream as a life lived without debt.Staying...
There are many terms that you must know when working through estate administration or when drafting a will in New Jersey, from beneficiary to fiduciary. While these are more common, one you may not have heard as often is "residue." When it comes to a will or an...
The Health Insurance Portability and Accountability Act, or HIPAA, was passed in part to protect patient privacy. Entities covered by HIPAA, such as healthcare providers and insurance companies, are generally prohibited from releasing personally identifiable health...
Estate and inheritance taxes have been in the news lately, both in New Jersey and nationwide. In a recent, highly partisan vote, the U.S. House of Representatives recently called for the complete repeal of the federal estate trinax. Here, estate and inheritance...