Category Archives: Estate Planning
An Overview of the Estate Tax Laws in New York (2024)
Are you a New York State resident? If so, you need a comprehensive estate plan. For high asset people, estate taxes should be considered. At Poulos LoPiccolo PC, we have extensive experience handling estate planning matters, including estate taxes. Here, our New York estate planning lawyer provides a guide to the estate tax laws… Read More »
Estate Planning for Parents: What is the Best Way to Set Up a Guardianship for Minor Children in New York?
Are you a parent who has young kids or teenagers? If so, it is imperative that your child(ren) is carefully considered in your estate plan. Among other things, you should set up a guardianship. At Poulos LoPiccolo PC, we help parents navigate estate planning matters. Here, our New York City estate planning lawyer explains… Read More »
Can I Use a Transfer on Death Deed as an Estate Planning Tool for Real Estate in New Jersey?
For many people, real estate—whether a primary residence or other property—is among their most important assets. With that in mind, it is crucial that real estate is at the center of your estate planning strategy. You may be wondering: Can I use a transfer on death deed for real estate in New Jersey? The… Read More »
How Hard is it to Set Up an Initial Estate Plan?
Every adult should have an estate plan. The American Bar Association (ABA) explains that estate planning “covers the transfer of property at death as well as a variety of other personal matters.” You may be wondering: How hard is it to set up an initial estate plan? While the answer depends somewhat on the… Read More »
Are You Required to Register a Will in New Jersey?
Are you preparing to draft a will? You may be wondering: Are you required to register your will in New Jersey? The short answer is “no”—though the state does allow you to register your will and there can be some benefits to doing so. Here, our Monmouth County estate planning attorney explains the key… Read More »
Can You Get an Adult Guardianship Over a Vulnerable Parent in New York?
Do you have an aging parent who is no longer able to manage his or her own affairs? You may be to the point where you are considering setting up a guardianship. While it is a big step, it is also a necessary one to protect vulnerable adults in certain circumstances. In this article,… Read More »
What is a Family Trust?
For many people, a core estate planning goal is protecting and providing for their family. A family trust can be among the most efficient and effective estate planning tools. At Poulos LoPiccolo PC, we have extensive experience handling family-based estate planning issues. In this article, our New Jersey estate planning lawyer provides a guide… Read More »
Estate Planning in New Jersey? Should I Appoint a Health Care Surrogate?
When most people think about estate planning, the first thing that comes to mind is asset distribution. An estate plan can be used to help decide who gets what. However, that is only one aspect of estate planning. For seniors and soon-to-be seniors, health care is a very important part of overall estate planning…. Read More »
Four Significant Risks of Do-it-Yourself (DIY) Estate Planning
There is no question that completing a do-it-yourself (DIY) project can be extremely rewarding. At the same time, the DIY option is not the right approach for every situation. In some cases, you should rely on a trained professional. With estate planning, there are major risks to taking the do-it-yourself approach. At Poulos LoPiccolo… Read More »
Nursing Home Care in New Jersey is Extremely Expensive: Protect Your Family’s Finances By Planning Ahead
A private room in a nursing home in New Jersey can cost more than $10,000 per month. It is an astronomical figure that can put a tremendous financial strain on families. Even a seemingly short long-term care need can quickly start to eat away a person’s life savings—and the public support options are somewhat… Read More »
