Long term care costs could decimate your retirement planning if you don’t work out a plan to qualify for Medicaid in advance. Talking to an estate planning lawyer can help put you on the right path so that you or your spouse can tap into Medicaid sooner rather than later. Many people don’t realize the [...]
The topic of completing your will might give you some nerves because you don’t want to think about when you’re no longer around or because the process overwhelms you and you don’t know where to start. Too many people make this costly mistake of assuming that things will be figured out by their relatives or [...]
Even though receiving inheritance might seem like a welcome windfall for people in your family, there are some setbacks associated with receiving a substantial inheritance. Every year it's estimated that over 1.7 million American households receive some form of an inheritance. However, within just a couple of years following that windfall, nearly three-quarters of beneficiaries [...]
Having the best financial practices in place is important for new and experienced physicians. Doctors are unique due to the significant amount of time they spend in undergraduate college and medical school, and residency. It can be difficult to keep up with all of the various aspects of running a business as a doctor and [...]
It's that time of year to celebrate the season and enjoy opportunities with your family. This is also a good time, however, to sit down with your estate planning lawyer to discuss your powers of attorney, trusts, wills, and other estate planning documents. Bigger Than Basics- Estate Tips for Those Who Served These foundational documents [...]
The intervention of a probate court might be necessary in your estate if you don’t discuss your options with an estate planning lawyer beforehand. Certain assets, such as real estate and vehicles, require particular documents in order for the title to pass. If the owner has passed away, the only way for someone to pass [...]
Whether you’re researching the option for a loved one or considering your own needs with nursing home care, it’s an important decision that factors in critical details about each facility. This includes how many staff members are in place at any given time, whether or not the facility has been cited for any issues, [...]
An advanced directive is a tool that can be used by anyone to explain the healthcare wishes of a person who is no longer able to make these decisions for themselves. In the vast majority of cases, these documents must be created while the person in question is still able to execute them with a [...]
If you've already sat down with your estate planning lawyer in New Jersey and still have questions about what Medicaid will pay for when it comes to long term care, advanced planning can help to address many of your concerns and questions directly. If you need to go to a specialist's office or a doctor, [...]
You have probably planned your life carefully up to this point and put in time and energy with your former spouse to drop a will and establish trust to organize your estate after you pass away. Together you've probably put insurance policies in place for life, health and disability and made decisions about the guardianship [...]
