How Do Special Needs Trusts Work?

November 22, 2022 | Estate Planning

A special needs trust (SNT) can help you provide financial security to your child after you die without leaving them ineligible for the government benefits that they need to sustain care.

Could Your Estate Plan Be a Disaster?

November 21, 2022 | Estate Planning

We’re all looking to save taxes, court costs, legal fees and ‘make it simple’ for our heirs. A last will and testament is the cornerstone of all estate planning, maybe with a trust.

There are Ways to Transfer Home to Your Children

November 18, 2022 | Estate Planning

Transferring a home to adult children is not quite as easy as giving them the keys and letting them move in. No matter how you do it, the taxman wants his cut, whether through estate and gift taxes or those for property and income, both federal and state.

Should I Spend Assets, so Spouse’s Nursing Home Stay Is Covered by Medicaid?

November 17, 2022 | Estate Planning

My spouse is going to have to move to a nursing home. When spending down assets for the sick spouse to qualify for Medicaid, does it have to be done before sick spouse is sent to a nursing home or can it be done even after the sick spouse is admitted to a nursing home?

IRS Announces New Lifetime and Gift Tax Exemptions

November 16, 2022 | Estate Planning

The Internal Revenue Service Today announced new inflation-adjusted limits for 2023 that will allow well-off individuals to transfer much more to their heirs tax free during life—or at death.

Who Should I Name as a Co-Trustee?

November 15, 2022 | Estate Planning

Unlike a last will and testament, a revocable living trust is effective during your lifetime.

Probate in New Jersey: What You Need to Know

November 14, 2022 | Estate Planning | Probate

At The Law Firm of Benjamin D. Eckman, we help families navigate the probate process in New Jersey. We understand how overwhelming it can be, but we'll be there every step of the way, answering your questions and helping resolve any problems that arise. If you're facing estate planning or elder law issues in New […]

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How Do Special Needs Trusts Work?

Could Your Estate Plan Be a Disaster?

There are Ways to Transfer Home to Your Children

Should I Spend Assets, so Spouse’s Nursing Home Stay Is Covered by Medicaid?

IRS Announces New Lifetime and Gift Tax Exemptions

Who Should I Name as a Co-Trustee?

Probate in New Jersey: What You Need to Know

Is Spouse Automatically Your Beneficiary?

How Many Americans Suffer from Dementia?

Can Depression Intervention Lower Dementia Risk?

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