Riverdale, New Jersey Elder Law Blog

How can you organize an estate plan review?

Building your estate plan is just step one in the ongoing process of managing your estate. Though many mistakenly believe this is the final step, you have ongoing maintenance and monitoring that lasts long after you complete the plan. Organizing an estate plan review...

5 reasons everyone should have a will

Creating a will is a crucial step toward protecting your family should something happen to you. If you do not have one, a court decides how to distribute your assets.  Preparing a will ahead of time gives you peace of mind knowing that you have an outline for taking...

Long-term memory care requires advanced planning

After receiving a dementia diagnosis, planning ahead becomes compulsory. The Alzheimer's Association explains that people with the disease will likely eventually need skilled care services in a residential facility such as a nursing home. Care planning should involve...

Which assets qualify for probate?

As you assemble your estate plan, you realize how the probate process may hamstring your efforts to have your heirs and beneficiaries receive their assets as quickly as possible. Which assets should you worry about most? AARP reviews assets commonly subject to...

Can a judge overrule a will?

During probate, the main job of the court is to ensure the validity of your will and other estate documents. At this time, anyone with interest in your estate can contest your will. When a will contest occurs, NJ.com explains the judge can overrule your will. He or...

What should I do with my house when Medicaid planning?

Medicaid planning is the process of preparing your estate so that you can qualify for benefits under the government's Medicaid program. Part of this process involves reducing the assets you own so that you can meet the financial requirements of the program. Your home...

How are debts handled after you die?

Your estate plan provides instructions on distributing assets to heirs after you die. This includes property, money kept in bank accounts, proceeds from life insurance policies, as well as many other types of assets. Additionally, your debt does not just disappear...