29 10, 2018

Living Wills and Dignity-Based Dementia Planning

2018-11-08T05:33:42-04:00October 29th, 2018|

Advanced healthcare directives, or living wills, are a critical component of a comprehensive estate plan, providing guidance to family and caregivers regarding end-of-life medical decisions. But what happens if someone is suffering from a long-term, progressively worsening condition like dementia [...]

7 09, 2018

Caregiver Support is Critical for the Whole Family

2018-11-08T05:33:56-04:00September 7th, 2018|

All too often, the task of caring for an elderly, disabled or terminally ill family member falls entirely—or nearly so—to one family member. Sometimes this happens by default, because one family member lives near the person in need or has [...]

28 08, 2018

Inheritance Shouldn’t Be a Secret

2018-11-08T05:34:17-04:00August 28th, 2018|

Family wealth and inheritance can have a significant impact on the younger generation’s options and standard of living. But, contrary to popular belief, that impact isn’t always positive. In one 25-year study of thousands of families, researchers found that about [...]

10 08, 2018

Estate Planning v. Life Care Planning: What’s the Difference?

2018-11-08T05:35:09-04:00August 10th, 2018|

Traditional estate planning is primarily designed to ensure that your belongings and assets pass in an orderly manner after your death, and that they reach the people you intend. That’s an important and admirable goal, but overlooks many critical issues. [...]

2 08, 2018

Management of an Insolvent Estate in New Jersey

2018-11-08T05:35:37-04:00August 2nd, 2018|

Traditional estate planning is primarily designed to ensure that your belongings and assets pass in an orderly manner after your death, and that they reach the people you intend. That’s an important and admirable goal, but overlooks many critical issues. [...]

26 07, 2018

The Pros and Cons of Appointing Co-Trustees

2018-11-08T05:35:51-04:00July 26th, 2018|

Choosing a trustee is a critical aspect of trust creation. If the trustee is unqualified or unreliable, the impact on beneficiaries could be significant. Potential problems range from sloppy record-keeping that leaves beneficiaries uncertain and slow administration that may delay [...]

20 07, 2018

What Role Does a Letter of Instruction Play in Estate Planning?

2018-11-08T05:36:06-04:00July 20th, 2018|

Unlike a will, trust document, nomination of guardian, or advance healthcare directive, a letter of instruction is not a binding legal document. You may not see “letter of instruction” on an estate planning checklist, and you’re not required to provide [...]

15 07, 2018

Estate Planning for Children Involves More than Legal Arrangements

2018-11-08T05:36:20-04:00July 15th, 2018|

As a parent, you want to ensure that your children are well cared for and provided for if you should pass away or become incapacitated while they are still dependent on your support. So, as a responsible parent, you diligently [...]