Fred Niemann, Stephen Kornas, Chris Balioni & their support team are prescient, proactive and proficient with navigating ongoing Elder Care challenges. – OM
Warning: Your Selection Does Matter When creating an estate plan, especially in your will and/or trust, an important decision you must make is the …
When I meet with new clients, the first appointment is often with the children of aging parents. Commonly, they come to us just before …
We all know we are supposed to do estate planning, but not all of us get around to it. So what happens if you …
A recent inquiry to my office illustrates the risks of a “do it yourself” last will. Here, the person used a common will software …
Can any trust beneficiary can compel a trustee to account? Does the type of contingency make a difference? While trust beneficiaries generally can seek …
The amount you can gift without filing a tax return is increasing to $16,000 in 2022. The federal estate tax exclusion is increasing to …
Banks are a pain in the *&s! when it comes to using a Power of Attorney. If an employee of the bank reviews the …
Can a copy be treated as an original if the original is lost? Is a Will signed electronically during quarantine valid? Traditionally, a deceased …
Many of our couples who seek estate planning execute “sweetheart wills.” That is, each executes a will stating that upon the death of the …
Generally, there is no income tax imposed upon assets beneficiaries inherit. However, when they later sell inherited assets, (i.e., appreciated securities and real estate), …
When you die, you will leave an estate. Your estate is comprised of everything you owned, saved and accumulated during your life. It is …
New Jersey has fraudulent transfer laws that prevent property “made in trust” for a debtor to be available to creditors to satisfy their debts. …
It is a good idea when drafting a last will and testament that you put language in there appointing a guardian for your minor …
A power of attorney (POA) is a written document under which an individual, called the principal, appoints either another individual or legal entity as …
While working on health care directives, I have had clients ask me about leaving special instructions for their loved ones on what they can …
Child support can be directed to a first party special needs trust, if one exists. Child support cannot go into a third party special …
You’ve heard of buyer’s remorse. What seemed like no big deal becomes more than expected and so the Power of Attorney gives up and …
Four dentists formed a partnership to acquire and maintain a dental office building. The then-partners amended their agreement to allow one of the partners …
If you have been named as an estate representative, knowing your responsibilities is very important. The following article is a general introduction to your …
In some states creditors can seize an Inherited IRA The IRS and Bankruptcy Court(s) can also seize an Inherited IRA This article discusses inherited …
This article discusses basic tax principles of a Special Needs Trust; hereafter referred to at times as a SNT. Each Type of Special Needs …
Consider making a gift to a minor by way of the Uniform Transfer to Minors Act or the Uniform Gift to Minors Act instead …
Creating a trust limits the ability of beneficiaries to squander trust assets and income. If you have a son-in-law or daughter-in-law who is reckless …
A Revocable Trust is a popular estate planning tool. Some people think that creation of a Revocable Trust creates complexity under the tax code. …
The parents of a deceased cadet at the West Point Military Academy (“West Point”) who was scheduled to graduate last year was involved in …
Personal property items should be discussed in your Last Will. Do not itemize personal property in your Will, but rather create a list of …
Today the Federal Estate death tax exemption is very high. Only the very wealthy are subject to federal death taxes. The law may change …
Fred took our needs very seriously and worked quickly so that we would have all the pertinent documents in place. Your staff willingly spent …
Recently, New Jersey law changed to allow attorneys and notaries to notarize documents over video conference. This is important for business owners who need …
