In the event of a divorce, it’s essential that you update your estate plan. When 2018 ended in a rush of divorces before the tax law changes that took place on 1st January, there are many divorced people who haven’t yet had the time to change their estate
Many couples are under the impression that if they don’t have any children, they don’t really need an estate plan. However, the reality is that everyone should have an estate plan – if you’re a legal adult and you own assets, no matter their value, an estate plan
Here is some important insight into this law specialization from an elder law attorney in New Jersey.
Firstly, an elder law attorney works to protect the rights of seniors and their families in areas such as age-related health concerns, wills and trusts, long-term care,
If you’re considering a reverse mortgage (also known as a Home Equity Conversion Mortgage) as a means to supplement your retirement plan, it’s important to know the pros and cons. Here are some insights from your elder law attorney in New Jersey.
The Pros
While it’s true that a lot of the focus of estate planning is one the considerable benefits it has on reducing the taxation on your estate and assets, this isn’t the sole point of having an estate plan. Tax planning is just one part of estate planning, it’s
When we hear the phrase “estate plan”, it’s easy to think of complex, convoluted legal strategies that only apply to the wealthy – but it’s not. In reality, it’s a set of legal documents that ensure that your wishes are met, whatever they are. Here’s a guide to
Much of the Medicaid planning advice available focuses on protecting the assets of a spouse when their partner is in a nursing home or long-term care, but this isn’t particularly relevant to widow and widowers or seniors who are unmarried. Here’s some insight into how to plan for
