27 07, 2017

Long-Term Care Planning is a Critical Part of Your Estate Plan

2023-12-27T02:48:10-05:00July 27th, 2017|

If you’re like most Americans who have worked hard, saved for retirement, and taken the time and trouble to structure your assets so that they will provide for you and for your heirs, you have probably never considered the possibility [...]

25 07, 2017

Do You Really Need a Trust?

2018-11-08T17:02:13-05:00July 25th, 2017|

Although many people equate “estate planning” with having a will, there are many advantages to having a trust rather than a will as the centerpiece of your estate plan. While there are other estate planning tools (such as joint tenancy, [...]

23 07, 2017

Plan Your Estate to Avoid New Jersey Probate Conflicts

2018-02-02T22:10:38-05:00July 23rd, 2017|

The loss of a loved one puts stress on individuals and on the family dynamic. Adding money and property to the mix can be a recipe for conflict—conflict that sometimes ends in estate litigation. When your heirs fight amongst themselves, [...]

19 07, 2017

Managing Estate Debts for the Good of Your Heirs

2018-02-02T22:10:38-05:00July 19th, 2017|

Very few of us manage to plan our finances neatly enough that we die with zero debt. Even if you live largely debt-free, timing alone will typically result in a least a few outstanding medical bills or an outstanding credit [...]

18 07, 2017

Do You Really Need a Will?

2018-11-08T17:02:02-05:00July 18th, 2017|

You May Not Think You Need a Will, but You Really Do. Most Americans do not have a simple will as part of their estate plan. You might believe that a will is only for the rich and famous, and [...]

15 07, 2017

Transferring Mortgaged Real Property after Death

2017-07-07T19:12:10-04:00July 15th, 2017|

Mortgage debt can complicate bequests of real property in ways most people haven’t considered. These complications are manageable if you have planned appropriately, but may lead to unpleasant surprises if left to chance. If you own property with outstanding mortgage [...]

10 07, 2017

Estate Planning for Parents of Adult Children

2018-02-02T22:10:38-05:00July 10th, 2017|

Even the best prepared parents don’t always recognize the need to reassess estate plans and property ownership when a child turns 18. In some ways, of course, your legal concerns are simplified when your child becomes a legal adult. You [...]

7 07, 2017

How Medicare and Employer Coverage Coordinate

2018-02-02T22:10:38-05:00July 7th, 2017|

Medicare benefits start at age 65, but many people continue working past that age, either by choice or need. It is important to understand how Medicare and employer coverage work together. Depending on your circumstances, Medicare is either the primary [...]

7 07, 2017

Owe Back Taxes? The IRS May Grant You Uncollectible Status

2023-12-27T03:00:27-05:00July 7th, 2017|

Sometimes seniors find themselves owing past-due federal taxes they cannot afford to pay.  Although notices from the IRS can be especially frightening, there are solutions.If the sum owed is less than $50,000, the IRS will accept monthly payments over five [...]