If you are thinking ahead about accomplishing your estate planning in New Jersey, a trust is one of the most popular tools used to accomplish your goals. There are many different types of trusts that could apply for your individual situation and selecting the right one can be done after you meet with a New[...]
With an increasing number of Americans being concerned about their parents developing cognitive disabilities as they grow older, it is important to think carefully about how the estate planning process can be impacted when your family member develops dementia. Accomplish Estate Planning as Soon as Possible If you have not yet started the estate planning[...]
It is essential for every individual to conduct an estate planning review on a regular basis but parents of children with special needs should consult with an estate planning attorney who has expertise in this area. It is a good idea to consider using what's known as a supplemental needs trust to provide for your[...]
According to Pew Research Center the share of American adults who have never been married is at an historic high. In 2012 one-in-five adults ages 25 and older (about 42 million) had never been married. In 1960, only about one-in-ten adults (9%) fell into that category. Men (23%) are more likely than women (17%) are[...]
Here at Medina Law Group, we serve a wide range of clients, spanning the entire spectrum of household income. To that end, much of our blog content is tailored to inform our entire base of readers. But today, we bring you an important bulletin for our wealthiest clients: Interest rates are up, and they have[...]
Giving and receiving are hot topics during this time of year, and you’ve probably done your fair share of both this holiday season. Of course, the nice thing about gifts around a tree is that you have some sense of what to expect when the big day comes around. Unless your loved ones are especially[...]
It is a controversial fact, but a fact nonetheless: fewer and fewer people are getting married. Studies consistently show that a growing number of American couples are choosing to stay unmarried. And those that do wed are tending to wait longer before tying the knot, marrying at much older ages than they used to. As[...]
A Huffington Post reader recently wrote in to the online newspaper and asked whether she needs a living trust — after all, she said, her friends are all getting one! Well, color us surprised! A reader asking a major publication to think about estate planning? Usually it’s the other way around! Kudos to her! HuffPo’s answer[...]
A new report out of Great Britain’s Newcastle University makes a fairly attention-grabbing claim. Thanks to modern medical science, they say, it is now easy to reach extreme old age, which they define as age 100 and beyond. View image | gettyimages.com You only need two things: The right lifestyle The right parents The first[...]
The beginning of life might seem like an odd time to start thinking about the end of life, but it’s precisely the right time. View image | gettyimages.com TIME Money magazine recently listed estate planning as one of the eight essential steps that new and expectant parents must take when a baby is on the[...]