Articles Posted in Estate Planning

Ensuring that your wishes are upheld in the event of illness or incapacity is a crucial component of estate planning. Advance healthcare directives are integral tools in safeguarding your ability to manage medical decisions. This is especially so when you are unable to make those decisions yourself. In this article, the New Jersey estate planning…

As the New Year unfolds, it’s the perfect time for setting goals and planning ahead. Whether you’re just starting on your plan or looking to update it, estate planning is a timely and crucial task for securing your future and that of your loved ones. At The Chamberlain Law Firm, we are committed to guiding…

If you’re in the process of estate planning, choosing an executor or trustee is not always easy. You want to choose someone you can trust to fulfill your wishes and understand your personal preferences. Moreover, you want someone who is financially responsible. This is because your trustee or executor must maintain your assets, pay your…

The passing of a loved one envelops their family and friends in profound grief. This grief is often accompanied by a sense of uncertainty about the steps that follow. The responsibility of navigating the legal, financial, and personal matters resulting from loss typically falls upon an executor or trustee. Without an adequate understanding of the…

For some trustees and executors, navigating trust and estate administration may feel like a whirlwind. Understanding your responsibilities and the legal intricacies involved is crucial to ensure that you are effectively performing your role.  At The Chamberlain Law Firm, we specialize in guiding trustees and executors through this process. Our experienced New Jersey trust and…

Nobody wants to be stuck in a situation in which they are incapacitated and unable to manage their financial affairs. That is why you must execute a power of attorney. There are many considerations when drafting your power of attorney, one being when you want it to go into effect. In other words, whether you…

Any parent of a special-needs child knows how useful New York State benefits such as Medicaid, Supplemental Security Income (SSI), or housing assistance could be in contributing to treatment and care costs. Parents can qualify for these benefits by verifying that their annual income is below a certain amount and passing a stringent assets test. …

The concept of guardianship has recently been thrust into the national spotlight due to high-profile cases like that of Britney Spears. However, it’s important to note that many Americans, including New Yorkers, are subject to guardianship proceedings, particularly adults with dementia.  While guardianship may be a critical legal tool designed to protect those who are…

Navigating through the emotion that accompanies a dementia diagnosis can be deeply challenging, not just for the individual, but for their entire circle of loved ones. A wave of emotions, including fear, sadness, and uncertainty about the future, may sweep over you. In the journey that lies ahead, ensuring the well-being of yourself and those…

Your last will and testament is a cornerstone of your complete estate plan. A well-executed will prevents unnecessary heartache for your loved ones after you’re gone. But what if situations change and you need to revoke your will and write a new one? Common reasons for revoking a will include major life events like marriage,…