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Living Wills in New Jersey – Tax, Estate Planning & Probate Law …

WebLiving Wills in New Jersey . Anyone who cares about the feelings of their family members, or their own final health care treatment, should consider executing a Living Will.

Actived: 6 days ago

URL: https://patellawoffices.com/blog/general-estate-planning-and-probate/living-wills-in-new-jersey/

Estate Planning When a Spouse is Confronting Health Issues …

WebWhen one spouse is a resident of a nursing facility or medical institution (the “institutionalized spouse”), but the other spouse continues to live in the community (the …

Category: Medical Go Health

Estate Planning: More Than A Will

WebBy Parag P. Patel, Esq. www.patellawoffices.com. During our lifetime, most of us strive to create and build upon our net worth. We generate savings, purchase a home, and …

Category: Health Go Health

Wills Trusts and Estate Planning – Patel Law Offices

WebThe estate planning services provided include: Preparation of Last Will and Testament. Preparation of Trusts (including revocable trusts, special needs trusts, educational trusts, …

Category: Health Go Health

New Jersey Medicaid – Patel Law Offices

WebElder Law and Medicaid Definitions Community Spouse: The spouse who does not need long-term or nursing home care. This spouse continues to live in the community.

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Avoid Medicaid Mistakes – Patel Law Offices

WebHow To Avoid the Top TEN Medicaid MISTAKES/MYTHS. 1. Believing that Medicare or health care insurance pays for long-term assisted living or nursing home care.

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The New Jersey Civil Union Act: Tax Benefits

WebThe Act provides that the legal benefits, protections and responsibilities afforded spouses in heterosexual marriages be granted to spouses involved in civil unions with respect to …

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New Jersey Elder Law – Patel Law Offices

WebConfused about Medicaid? You’re not alone! The complexity surrounding this constantly changing area of the law can sometimes feel overwhelming… it doesn’t need to be.

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New Jersey Surrogate – Patel Law Offices

WebTrust Administration & Probate. If your family has experienced the loss of a family member, our law firm can assist you with the legal process that occurs when a loved one passes …

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Estate Planning Discussions: difficult, emotional and stressful

WebThis discomfort, however, cannot compare to the financial pain felt by family members whose parents die without having implemented estate planning strategies.

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New Jersey Estate Planning – Patel Law Offices

WebEstate planning is the creation of a definite plan for managing your wealth while you’re alive and distributing it after your death. These assets may be owned by you separately or …

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Tax Strategies to Explore Now

WebIt appears more likely than not the United States is headed towards a split government next year. For purposes of tax planning next year, we can probably assume …

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Planning strategies for small settlements – Tax, Estate Planning

WebMYTH: Where a settlement is small (less than $50,000.00), the client should not use a Special Needs Trust or other planning technique, but should simply allow himself …

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Is my trade or business a “Specified Service Trade or Business” and …

WebInternal Revenue Code Section 199A was enacted as part of the 2017 Tax Cuts and Jobs Act (TCJA), and slightly modified in 2018. This provision provides a tax deduction of up …

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Planning in the Time of Coronavirus – Tax, Estate Planning

WebThe coronavirus is an illness that we cannot ignore. Older adults are especially vulnerable and those who have an underlying issue such as diabetes, heart disease, and respiratory …

Category: Coronavirus Go Health

New Jersey Probate FAQ – Patel Law Offices

WebA: Probate is designed to create a “final accounting” upon death. It is the legal process of “proving up” a Will, or verifying that a Will is valid, takes place in one of two instances. …

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Adult Children Need Estate Planning Too – Tax, Estate Planning

WebThe greatest fear for any parent is hearing that their child is having a medical emergency. Whether it be a car accident or a physical or mental catastrophe, the parents are …

Category: Medical Go Health

Watch Out: The NJ Inheritance Tax

WebWatch Out: The NJ Inheritance Tax. Date : 05-Apr-07. New Jersey imposes a transfer Inheritance Tax, at graduated rates, on property having a total value of $500 or more …

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New Jersey Estate Administration – Patel Law Offices

WebThings You Need To Do When a Loved One Passes. Away With a Trust Upon the death of a loved one, great emotional sadness sets in as family and friends support each other …

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Permanent annual automatic extensions granted for FBARs to …

WebThe Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced last week that, to implement the new due date for FinCEN Form 114, Report of Foreign …

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Income Taxation of FMLA Claims

WebIncome Taxation of FMLA Claims. Date : 19-Jul-16. The Family Medical Leave Act requires employers with 50 or more employees to grant 12 weeks of unpaid leave to an employee …

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