Estate Planning for Military Families
Although Memorial Day just passed, it is important to honor those that have served our country. This time is also a good opportunity for members of the military and their loved ones to consider setting [...]
Inheritance Can Hurt Special Needs Beneficiaries Who Depend on Public Benefits
Leaving money and property to a family member or other loved one is an act of kindness and concern, intended to make the beneficiary’s life easier or more enjoyable. Unfortunately, for some of the people [...]
3 Ways Your Trust Can Help a Loved One With Mental Illness
When a loved one suffers from a mental illness, one small comfort can be knowing that your trust can take care of them through thick and thin. There are some ways this can happen, ranging [...]
Protecting New Jersey’s Elderly from Financial Predators
We all want our parents’ and other loved ones’ golden years to be peaceful and worry free. Unfortunately, many older people share characteristics that make them especially attractive to predators. For example, the elderly [...]
Will v. Living Trust: What’s the Difference?
People often ask whether a will or a living trust is “better.” The answer is that there is no one-size-fits-all answer. The right structure for your estate plan depends on the size of your estate, [...]
Tools You Can Use to Leave Words of Wisdom to the Next Generation
You come into the world a blank slate, and as you grow, you gain wisdom. You've planned your estate to leave physical assets to beneficiaries, so now think about leaving them something that’s just as [...]
The Difference between Lifetime and Deathtime Planning… and Why a Comprehensive Plan Must Include Both
According to a March 2017 survey by Caring.com, six out of ten Americans have no will or any other kind of estate planning. Many said they’d get around to it, eventually. When they’re old. (The [...]
Study Finds That Social Security Workers Often Provide Incomplete Information
Americans are misinformed about many aspects of Social Security, and local Social Security offices may not be helping, according to a study by the Government Accountability Office (GAO). The study found that the Social Security [...]
Short-Term Care Insurance: An Alternative to the Long-Term Care Variety
A little-known insurance option can be an answer for some people who might need care but are unable to buy long-term care insurance. Short-term care insurance provides coverage for nursing home or home care for [...]
Dispute Between Brothers Demonstrates Need to Plan for Long-Term Care
A recent New Jersey appeals court case demonstrates how important it is for families to come up with a long-term care plan before an emergency strikes. The case involves two brothers who got into a [...]
Adding to Uncertainty for Scam Targets, the IRS Now Allows Private Debt Collectors to Dun Taxpayers
In a move that could be confusing to seniors who are vulnerable to scams, the IRS will begin using private debt collection agencies to collect past-due taxes. The new program will begin in April 2017.Authorized [...]
How Your Trust Can Help a Loved One Who Struggles with Addiction
Substance addiction is by no means rare, impacting as many as one in seven Americans. Because of its prevalence, navigating a loved one’s addiction is actually a relatively common topic in everyday life. But you [...]