Most people would prefer that their children and grandchildren do not have to go into debt to get an education. If they can find some way to pay for the education, besides having college students take out student loans, it is what most parents and grandparents would prefer. It is common for people to take…

Medicaid was not originally designed to pay for seniors’ stays in assisted living facilities. However, as more and more money was being spent on nursing home facilities and the costs at those facilities continued to rise, the federal government granted states waivers to use Medicaid funds for the generally less expensive assisted living facilities. This…

People who own horses tend to think of those horses as some of the most important things in their lives. The horses often represent valuable investments and require large sums to maintain. For many people, the horses are also considered part of the family and just as important as any other pet. Sometimes they are…

It is not clear how much the estate of legendary soul singer James Brown is worth. The estate claims it is worth about $5 million.  However, some experts estimate that it could be worth as much as $100 million. It is clear what Brown intended to do with his wealth. He had a carefully crafted…

Finding new ways to prevent the financial abuse of the elderly is of increasing concern in the U.S. The aging population has led to more frequent incidents of abuse.  We see it all too often in our office.  When a family member or trusted advisor finds out about the trust they can take legal action…

Most abuse of the elderly does not happen when there are any witnesses around. Caregivers tend to treat the elderly well when other people are present. This is especially true when those people are family members of an elderly person. A few of those caregivers act much differently when they are alone with the elderly….

If you have minor children, grandchildren or other relatives you want to include in your estate plan, you should do so.  If you leave assets only to their parents, they might spend everything before the minors can inherit it. It is important not to leave assets outright to minors. In New Jersey, those assets (if…