Some people think that estate planning is simply a matter of distributing assets to heirs after death. Others believe it is only for very wealthy families. The fact is, most individuals and families can benefit from having their own estate…
Basic Estate Planning – But Is It?
Author: NJELC
Does My LLC Make Me Bulletproof? By Neel Shah
Most people are aware that an LLC is the important first layer in an asset protection planning strategy, but it might not be everything you need. it’s a good idea to consult with an asset protection planning attorney on a…
A Deep Dive into Special Needs Trusts
If you have a loved one with a disability, you may have been told the importance of having a special needs trust. But, why? A special needs trust, if drafted correctly, can allow your disabled loved one to receive settlements,…
Access To Assets In Testamentary Trust (Powers Of Appointment)
Unfortunately, there are very few options that would enable you to leave the trust assets to your husband if he survives you. Trusts are often used to control one’s assets after death to restrict use of the funds for selected…
Inheritance Tax On Bequest To Nieces and Nephews
New Jersey remains one of the few States that imposes an inheritance tax. The inheritance tax is not based on the size of the estate, but on who receives the estate. There is no inheritance tax imposed on transfers to…
To Infinity and Beyond … Are Self-Driving Automobiles the Future for the Elderly and Disabled?
I was recently in the market for a new car. A number of my friends purchased a Tesla so I decided to go for a test drive to see what all the hype is about. Out of curiosity, I asked the sales…
Which Power of Attorney Do I Need?
When creating an estate plan, it is important to designate an Agent for your Power of Attorney. This is someone you trust to make decisions for you should you become incapacitated and are unable to make decisions in the future, related to your finances, health care, estate, or other matters.
Building the Right Elder Care Team
Creating a care plan for your elderly loved one is not an easy process. However, with the right team of friends, family members, and professionals in place, they will receive the best, most comprehensive care possible.
Medicaid and MLTSS in New Jersey
It’s important to understand the laws in New Jersey and how seniors have been affected Medicaid is a federal government health coverage program that is administered at the state level. It requires that applicants meet certain eligibility requirements and guidelines.…
Clelia Pergola has been named one of the Top 25 Leading Women Intrapreneurs
Congratulations to Clelia Pergola from Elder Law Department at Goldberg Law Group at Goldberg Law Group on being named one of the Top 25 Leading Women Intrapreneurs. We are so excited for Clelia and we would like to celebrate her success…
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