The Holidays Brings an Opportunity to Discuss Family Matters
Discussing financial and estate planning with Mom and Dad during the Holidays might sound cold. Yet, I have read article after article that recommends that as …
Elders and Financial Exploitation
Recently, a client of mine lost his wife after a long illness. The husband, my client, is quite elderly and needed assistance with some of his daily …
Special Needs Trust-How to Provide for Your Grandchildren
As this month is dedicated to Autism and Special Needs I thought I would once again write about a Special Needs Trust with special emphasis on grandparents. A …
11 Reasons to Update Your Will
Changes in state tax laws is one of the reasons to update your Will. You may be aware that the State of New Jersey is repealing the state estate tax effective …
What is a Durable Power or Attorney or a POA?
Having worked with retired and soon-to-be retired individuals for most of my career, I am very well aware that mental or physical incapacity, whether temporary …
Estate Planning: 3 Types of Joint Property Registration
So very often my articles for Familyaffaires.com are about wills, trusts and estate planning. If you would ask me what the #1 problem is I see when reviewing a …
Estate Planning Through Private Foundations
In past articles I have written about scholarship trusts established under Charitable Remainder Uni -Trusts or Charitable Remainder Annuity Trusts in your …
Estate Planning for the Modern Family
The notion of a traditional family in America is hardly the norm these days as family structures become increasingly diverse. Legal planning must keep up with …
What is a Charitable Remainder Trust?
As I write this month’s column we are in the midst of preparing for high school graduations. When I listen to my team members talk about high school and …
10 Rules for Being A Successful Fiduciary
One of the most intimate positions you can have is to be trusted to handle someone else’s finances. This is called being a fiduciary. Generally, the person …