Pre-Mortem Probate may be coming to New Jersey

The idea is being floated that New Jersey create a mechanism for “pre-mortem probate” – a court approving your will before you die. When an individual dies, their will must be probated, or approved by a court, before the assets under their will can be distributed. Usually probate is a … Continue reading

NJ ABLE Act becomes Law

The New Jersey ABLE Act became law today. Under the ABLE program, persons who became disabled before age 26 can open an ABLE account, and become the beneficiary of that account. The beneficiary and their family or friends can contribute up to the amount of the annual gift tax exclusion … Continue reading

Happy new year!

Happy New Year!  Welcome to 2016.  It’s the season for new year resolutions, and in addition to losing weight and quitting smoking, we have a suggestion: getting your legal affairs in order. That could mean creating an estate plan for the first time.  Having a quality will, power of attorney … Continue reading

Special Needs Trusts and Child Support

Can a special needs trust hold child support? Yes, but only if it’s the correct kind of trust. There are two categories of special needs trusts (SNT) – a first-party trust and a third-party trust. A first-party trust holds money that belongs to the beneficiary. For example if Susan is … Continue reading

NJ Medicaid may soon Pay for Advance Care Planning

Following the federal government’s lead, New Jersey may soon allow Medicaid to cover advance care planning. Medicare recently announced that it would pay for beneficiaries to have conversations with their doctors regarding their wishes for end of life care (called advance care planning in medical / legal parlance).   Following … Continue reading

As this website provides general information and isn’t tailored to your particular situation, it doesn’t constitute legal advice and may not take into account rules and exceptions that affect you. Although updated from time to time, this website may not take account of recent legal developments or differences in laws from state to state. For safety sake, obtain individual legal advice before you act! You assume all risk of acting on information contained in this website. This website doesn’t constitute legal advice, and no attorney-client relationship exists unless FriedmanLaw and you execute a written engagement agreement. Please contact us at 908-704-1900 to discuss engaging FriedmanLaw to help resolve your legal concerns.
Homepage photo: Cows grazing at Meadowbrook Farm, Bernardsville, NJ by Siddharth Mallya. October 23, 2012.
Interior photo: Somerset hills pastoral scene by Lawrence Friedman.