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Retirement Plan Trust Planning your retirement? Wondering how to make the most of your retirement savings while safeguarding the interests of your heirs? Introducing the Retirement Plan Trust, a powerful instrument tailor-made for those who want to combine the...
The complexity of estate planning can be amplified when you enter into a second marriage. With the dynamics of blended families, previous commitments, and the desire to be fair to all parties involved, the nuances of estate planning for second marriages cannot be...
According to the WHO, one in six people over the age of 60 experienced some form of abuse from 2021 to 2022. Two-thirds of staff members at nursing homes and long-term-care facilities admitted they committed abuse during that same period.
If a child you’ve added to your deed goes through a divorce, has tax issues, is sued by someone, or must declare bankruptcy, your house could be on the chopping block!
Like most assets, you can inherit an individual retirement account (IRA) after the owner’s death. For spouses, inheriting an IRA is a relatively straightforward process.
Having Your Cake and Eating It Too Recently a healthy single woman came to my office with the following demand: “Protect my money in case I ever enter a nursing home, make sure my children do not pay any capital gains tax on the appreciation of the assets, and protect...
Estate planning can be a daunting process for anyone, but it's especially important to consider when dealing with personal residence trusts. Whether you choose a Qualified Personal Residence Trust (QPRT) or a Personal Residence Trust (PRT), there are both pros and...
If you haven’t had any experience with guardianship for adults with dementia, it’s likely you don’t understand just how complex it is. You are not alone.
Are you a New Jersey resident looking to create an irrevocable trust? If so, you'll need to be familiar with the state's laws governing this type of trusts. In this blog post, we'll provide an overview of New Jersey's irrevocable trust law, including key information...