Skip to main content

Our Blog

  • Estate Planning Is More Important Than You Think
    July 23, 2020 at 2:00 PM

    Many people assume that estate planning is only necessary for older, wealthy people, but this is not the case.

  • Eight Estate Planning Strategies In A COVID-19 World
    July 21, 2020 at 4:00 PM

    Here are some things to know about estate planning during these uncertain times.

  • A Guide to Estate Planning During the Coronavirus Pandemic
    July 15, 2020 at 5:00 PM

    There are plenty of uncertainties when it comes to COVID-19. What happens if you get sick, lose your job, or can’t see your family and friends for an extended period of time? Why add to the list of uncertainties by not being prepared with an estate plan?

  • The Dangers of Dying Without a Will
    July 9, 2020 at 1:30 PM

    Without a Will, the state you live in will decide who gets what by default intestacy laws, leaving conflict, confusion, and hardship behind.

  • What Are the Duties for Financial Powers of Attorney?
    July 6, 2020 at 1:30 PM

    If you’ve been named as financial power of attorney for a loved one are you ready for the responsibilities that entails?

  • Extra Time on Your Hands? Use it Wisely to Tackle Your Financial To-Do List
    July 2, 2020 at 1:00 PM

    Coronavirus stay at home is a good time to update financial and legal matters.

  • To Gift or Not to Gift
    July 1, 2020 at 1:00 PM

    In the past, giving away assets during life was used to lower estate taxes at death. However, with the Federal Estate Tax exemption over $11 million per person and many states eliminating estate tax (including New Jersey) gifting is less important.

  • Will COVID-19 Drive Up the Cost of Long-Term Care?
    June 30, 2020 at 2:30 PM

    Up to 70% of seniors (age 65+) will need some amount of long term care in their lifetimes.

  • How To Manage A Loved One's Finances After They Die
    June 29, 2020 at 2:00 PM

    When a loved one dies, someone needs to take charge settling the estate. This includes finding all of their financial information and their Will, paying their bills, dealing with Social Security and other automatic payments and filing their final income tax return.

  • Five Wishes: A Simple Tool to Write Your Living Will

    Five Wishes is a document created by Aging With Dignity that you can purchase and use alongside your existing Advance Health Care Directive to give family members more personal guidance.

  • Beneficiary Designations - The Overlooked Minefield of Estate Planning
    June 22, 2020 at 11:30 AM

    Best practices for beneficiary designations include keeping hard copies of all changes (including website or email confirmations) and checking up on your estate plan every 3-5 years including any beneficiary designation changes.

  • How to Choose an Estate Planning Attorney
    June 4, 2020 at 5:00 AM

    The Charles Schwab website suggests three main steps to choosing the right estate planning attorney for you. Look for a recommendation if you don't already have an estate planning attorney.

  • Five Tips for Helping Aging Parents Navigate the Future
    April 8, 2020 at 12:00 AM

    This article explains how adult children can help aging parents with their bills and brokerage statements in a way that is supportive and not condescending.

  • Are Your Assets Titled Properly?
    November 12, 2019 at 9:00 AM

    Many married couples own property “Joint with Right of Survivorship” or “Tenants by the Entirety” which works well in many cases.

  • Have You Reviewed Your Beneficiary Designations?
    November 5, 2019 at 9:00 AM

    Certain assets like retirement plans and life insurance policies must have beneficiary designations.

  • Why Do Your Young Adult Children Need an Estate Plan?
    October 29, 2019 at 9:00 AM

    Our children become legal adults at 18 but are unlikely to marry or start their own families until ages 30+ so what happens in the interim?

  • Why Do Your Parents Need an Estate Plan?
    October 22, 2019 at 9:00 AM

    Your parents are aging and there may come a time in the not too distant future where they have a health scare or incapacity of some sort (including dementia).

  • Why Do You Need an Estate Plan?
    October 15, 2019 at 9:00 AM

    If you are in the prime of life, raising children and caring for aging parents, it is easy to put yourself on the back-burner.

  • for Bank Accounts
    October 1, 2019 at 5:00 AM

    EverSafe is a monthly service to monitor elders' financial accounts and provide adult children with alerts BEFORE it's too late.

  • Life360 App
    September 18, 2019 at 9:00 AM

    This app tracks elders' location via their phone.

  • Medical ID on Apple iPhones
    September 11, 2019 at 9:00 AM

    All Apple phones come with a "heart" icon with a Medical ID symbol in the bottom right corner.

  • Letter to Children
    January 19, 2019 at 9:00 AM

    One of the most meaningful messages a person can leave behind to loved ones is a personal letter.

  • List of Assets
    January 19, 2019 at 9:00 AM

    We recommend that clients keep a one page list or spreadsheet of their assets (bank, brokerage, insurance, etc.) so that their Executors and Trustees know where to begin someday.

  • Planning for Incapacity
    January 19, 2019 at 9:00 AM

    As we age, it becomes increasingly important to have back up plans in case we are not able to manage our own financial affairs.

  • Co-Trustees for Incapacity
    January 19, 2019 at 9:00 AM

    As we age, handling finances alone often becomes overwhelming. For clients with Revocable Living Trusts already struggling with finances, they may want to consider naming an adult child as a co-Trustee now rather than later.

  • Timeshares
    October 21, 2018 at 9:00 AM

    Many clients own timeshares in other states. This can create a problem at death of "ancillary probate" in the destination state.

  • Multigenerational Vacations
    October 21, 2018 at 9:00 AM

    One of the best gifts a grandparent can make to their children and grandchildren is to plan and pay for a multigenerational trip.

  • Are 529 Plans Still Useful?
    October 21, 2018 at 9:00 AM

    Many companies including Google, Apple and IBM are no long requiring college degrees.

  • Roth IRA’s for Grandchildren
    October 21, 2018 at 9:00 AM

    Many grandparents want to leave something to grandchildren. One of the best lifelong gifts is to start a Roth IRA for a grandchild of working age (14 plus) who has earned income

  • Selling a Home from an Estate
    August 19, 2018 at 9:00 AM

    One of the hardest things for an Executor to do is clear contents of a parent's house and sell it.

  • Where to Keep Original Estate Planning Documents
    August 19, 2018 at 9:00 AM

    We do not recommend keeping original estate planning documents in a bank safe deposit box for many reasons.

  • Staging an Estate Home For Sale
    August 19, 2018 at 9:00 AM

    Target is now offering same day delivery through it's website Shipt for a $49 annual subscription fee.

  • College Bound Adult Children
    August 19, 2018 at 9:00 AM

    When your children turn 18 they become legal adults and often move away to college.

  • Craigslist Curb Alerts
    May 4, 2018 at 9:00 AM

    If you don't want to haul items to a donation center, consider posting your sidewalk items on Craigslist North Jersey under For Sale By Owner "Free Stuff" - this allows you to create a listing for others to come and take whatever is on the curb and give it a new life.

  • Shredding Old Documents
    May 4, 2018 at 9:00 AM

    Many seniors accumulate paper documents they no longer need but may be private (e.g., old bank statements).