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  • Do I Have to Leave Anything to My Children?
    October 21, 2021 at 6:30 PM

    Can you actually disinherit a child? The answer, in most circumstances, is yes. You can disinherit a child under most states’ laws, but you must understand the limitations and additional factors if you are considering this option.

  • How to Choose a Trustee
    October 14, 2021 at 6:00 PM

    When you establish a trust, you name someone to be the trustee. A trustee does what you do right now with your financial affairs—collect income, pay bills and taxes, save and invest for the future, buy and sell property, provide for your loved ones, keep accurate records, and generally keep things organized and in good order.

  • Simultaneous Deaths: What If My Spouse and I Die at the Same Time?
    September 16, 2021 at 2:00 PM

    The chances of a married couple dying in a common accident or within a very short time of one another are probably quite slim. However, it does happen.

  • Reviewing Your Estate Plan after the Death of a Loved One
    September 9, 2021 at 4:30 PM

    The death of a loved one is never easy. Regardless of your relationship with the deceased (blood relative, life partner, or close friend), you need space and time to process and grieve your loss. Once you have had time to cope with all that has happened, you should consider updating your estate plan in light of your loved one’s death. We are here to guide you through the main areas of focus of your review.

  • The Recipe for a Satisfying Estate Plan
    August 27, 2021 at 12:00 PM

    Misconceptions about who needs an estate plan abound. Most people believe that estate planning is only for extremely wealthy business moguls or celebrities. But that could not be further from the truth.

  • Choosing a Corporate Trustee
    August 19, 2021 at 6:30 PM

    In some cases, corporate trustees may be better than family or friends at managing your money and property if you pass away or become impaired and unable to manage your affairs.

  • Estate Planning Checklist to Facilitate Multigenerational Wealth Transfers
    August 13, 2021 at 4:00 PM

    Studies estimate that 70 percent of family wealth is lost by the end of the second generation and 90 percent by the end of the third generation. To help your loved ones avoid becoming part of this statistic, you need to educate and update your extended family about your wealth transfer goals and the plan you have put in place to achieve these goals.

  • Fears When Talking about Money
    August 5, 2021 at 6:30 PM

    Studies have shown that the largest contributing factors to generational loss of wealth are a lack of communication and trust among family members and the failure to prepare heirs. Often, fear is what underlies the lack of communication and trust that inevitably leads to unprepared heirs.

  • Legal Requirements to Consider When Selecting an Executor
    July 29, 2021 at 12:00 PM

    The person you choose to be your executor (sometimes called a personal representative) will play an extremely important role, as that person will be responsible for gathering, securing, managing, and ultimately distributing your money and property when you pass away.

  • Planning Considerations for Unmarried Partners
    July 23, 2021 at 11:00 AM

    When it comes to protecting your unmarried partner, there are several options to consider. Depending on the value of your money and property, your desired level of protection from your partner’s creditors, and other factors unique to your situation, one or more of these strategies may be beneficial.

  • Wills vs. Trusts: A Quick & Simple Reference Guide
    July 15, 2021 at 2:00 PM

    Confused about the differences between wills and trusts? If so, you’re not alone. While it’s always wise to contact experts like us, it’s also important to understand the basics.

  • Which Life Events Require an Immediate Estate Plan Update?
    July 8, 2021 at 3:00 PM

    Since your family’s needs and circumstances are constantly changing, so too must your estate plan. Your plan must be updated when certain life changes occur. These include, but are not limited to: marriage, the birth or adoption of a new family member, divorce, the death of a loved one, a significant change in assets, and a move to a new state or country.

  • How to Talk to Mom and Dad about Creating an Estate Plan
    July 1, 2021 at 6:30 PM

    Conversations about death and dying are rarely easy. Most people avoid them because they invoke feelings about our inevitable demise. Broaching this subject can be particularly difficult for parents and their adult children.

  • Anticipated Changes to Federal Estate Tax Exemptions
    January 19, 2021 at 2:30 PM

    The results of the Georgia Senate election are in and Democrats have secured a 50/50 Senate majority. As such, we anticipate changes to the Federal Estate Tax exemptions.

  • Helpful Tips for Nursing Home Admission
    January 15, 2021 at 3:00 PM

    The decision to admit yourself or a loved one to a nursing home is never easy, but sometimes it is necessary to obtain the best care and to make sure you or your loved one is safe.

  • 2021 Medicaid Figures for Long Term Care
    January 8, 2021 at 4:00 PM

    The Medicaid income cap changes each year impacting eligibility for Medicaid applicants.

  • The Costs of Dementia: For the Patient and the Family
    November 3, 2020 at 8:30 PM

    Caring for someone with dementia is more expensive—and care is often needed longer—than for someone who does not have dementia.

  • Nursing Home Visitation Rules Amid COVID-19
    October 29, 2020 at 4:00 PM

    Those in nursing homes faced a new normal of restricted visitation and group activities. The important thing to remember is to get creative and still reach out to those seniors in a nursing home; however, that can be safely done.

  • The Impact of COVID-19 on the Senior Community
    October 27, 2020 at 2:30 PM

    The far-reaching effects of CODIV-19 have likely yet to be seen. Seniors in particular are susceptible to the mortality rate of the virus.

  • Do I Need an Elder Law Attorney?
    October 20, 2020 at 1:00 PM

    Elder law attorneys are advocates for the elderly and their loved ones. How do you know if you should meet with an Elder Law attorney?

  • The Importance of Early Legal and Financial Planning
    October 15, 2020 at 2:30 PM

    Planning early, when you are healthy and in control of your decision-making capacity, is the best way to make sure your wishes are carried out and the individuals you trust are in charge of your finances and well-being.

  • 5 Strategies to Keep Your Heirs From Blowing Their Inheritance
    October 13, 2020 at 1:30 PM

    There are a few different options to help prepare your children or other beneficiaries for the future inheritance they will receive. Here are some strategies recommended by financial advisors...

  • How to Help Your Children Financially Now Without Giving Them Any Money
    October 8, 2020 at 2:00 PM

    There are ways to make sure that your children still live a professionally fulfilling life and still allow you to leave your estate to them down the road.

  • 4 Key End-of-Life Documents to Get in Order
    October 6, 2020 at 1:30 PM

    Talk to your parents and make sure that they have the following documents in order...

  • 9 Things You'll Regret Keeping in a Safe Deposit Box
    October 1, 2020 at 6:00 PM

    Consider alternatives, such as a home safe that is bolted to your floor, for storing these important items...

  • 12 Different Times When You Should Update Your Will
    September 29, 2020 at 1:00 PM

    Clients should review their estate plan every few years to see if any changes need to be made. Here are some times that you should consider updating your Will.

  • Pass Along Life Lessons With An Ethical Will
    September 24, 2020 at 5:30 PM

    Ethical Wills or legacy letters are documents that allow you to share your values, experiences, and life lessons with your family after you are no longer here.

  • 2 Great Websites for Organizing Estate-Planning Documents
    September 22, 2020 at 2:00 PM

    Thanks to technology, storing estate plan documents is now easier than ever since they can be saved digitally on an online portal where both clients and their loved ones can easily access them.

  • 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
    June 24, 2020 at 2:00 PM

    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).