Navigating family law in New Jersey can be challenging, especially when it comes to understanding the differences between custody and guardianship. While both arrangements are designed to ensure the well-being of a child or an incapacitated adult, they...
Estate Planning & Elder Law Blog
How To Protect Your Assets From Medicaid In New Jersey
If you or a loved one requires long-term care, the cost can quickly become overwhelming. Medicaid, a federal and state program that helps cover these expenses, can be a financial lifesaver for New Jersey residents. However, qualifying for coverage isn’t simple,...
Guardianship and Power of Attorney: Key Differences Explained
When planning for the future, understanding the difference between guardianship and power of attorney is crucial. These legal tools are essential components of an estate plan, designed to manage affairs when someone can't do so themselves. Let's explore their key...
Ethical and Social Considerations of Guardianship
Guardianship serves as a critical legal tool to protect individuals unable to make decisions for themselves due to incapacity. This role often applies to older adults or vulnerable patients lacking decision-making capacity. While guardianship provides essential...
Different Types of Guardianships in New Jersey
Introduction Guardianship is a vital legal tool that helps protect those who are unable to manage their own affairs, whether due to age, disability, or incapacitation. At the Law Offices of Benjamin D. Eckman, we often encounter families in New Jersey who need...
Is Life Insurance Taxable To The Beneficiary?
When beneficiaries receive a payout from a life insurance policy, they typically don’t have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable to the beneficiary.
What Happens When You Die Without A Will?
Creating a will should be the first step in a comprehensive estate planning process, since it allows you to make sure that your wishes are properly carried out after your death.
Navigating the Increase of the Penalty Divisor in New Jersey for Medicaid Applicants
Medicaid plays a crucial role in covering the costs of long-term care, especially for the elderly and disabled. A recent update from the New Jersey Department of Medical Assistance and Health Services has brought significant changes to the penalty divisor—a key...
The Digitalization of Estate Planning
Why is a Digital Estate Plan Important? In today's digital age, the digitalization of estate planning is crucial as a significant part of our lives and assets exist online. This article will explore the importance of including digital assets like social media...