Certified Elder Law Attorneys Serving New Jersey Residents Since 1978.
When an elderly adult is put into guardianship, one of the most important factors is incapacitation. This individual generally has to be declared incapacitated so that the court will establish guardianship and give someone else the ability to make decisions on their...
Updating an estate plan is critical. Many people write a plan and assume that they’re done. They have a will on file, so they don’t need to think about it again. But this is a problematic stance to take, as it could mean that the estate plan is significantly outdated...
Many people establishing estate plans primarily worry about protecting their loved ones. Others want to preserve and protect their assets to maximize their legacies. Particularly in scenarios where individuals have accumulated financial resources throughout their...
Adults fine-tuning their estate plans as they prepare for retirement or think about maximizing their legacy generally have to consider taxes. As personal holdings increase in value, the risk of estate tax looms large. The more a person directly owns, the greater their...
What does it mean to have an “asset preservation” strategy? As individuals age, protecting their financial resources often becomes increasingly important. An asset preservation strategy is a proactive legal and financial plan that is designed to safeguard wealth from...
When planning for the future of a loved one with disabilities, two key options often come up: guardianship and special needs trusts. Both serve important roles - to protect your loved one’s well-being and financial security. However, they’re very different....
As people age, they may start struggling to meet all of their own basic needs. They may need help driving, maintaining an organized schedule or even taking care of their home. In some cases, people may require support to keep on top of their medical needs, such as...
Protecting assets is very important for elderly individuals. They have worked hard for decades to collect those assets. Unfortunately, elders in New Jersey are vulnerable to financial exploitation. There are also significant costs associated with long-term care and...
The realization that a loved one is having cognitive decline means that you’ll have to determine how to provide them with the care they need. One option for doing this is finding a memory care unit that can keep them safe. If you’re trying to find a memory care unit...
For many members of the Baby Boomer generation, the goal has always been a comfortable retirement. They assumed they would be able to pay for long-term care and medical assistance if needed. Many have spent decades saving for retirement or earning pension plans to...
