News & Resources: Blog: Estate Planning

News & Resources: Estate Planning

Estate Planning

A Second Marriage’s Potential Costs

It’s unlikely that people who marry for the second time (or more) are thinking about losing assets to fund their spouse’s serious illness. But that could happen. Costs for long-term care have been rising significantly for years and continue to grow. Studies show that 70% of Americans will need some form of long-term care, which can last […]

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A Blend of Professionals Will Help You Prevent Estate Planning Mistakes

Your elder law estate planning attorney understands the array of qualified information needed to create a sound estate plan.

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A Guide to Settling an Estate

It is easy to overlook essential details if you do not have a clear plan or professional guidance.

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Understanding Estate Planning

Since each person’s situation is unique, every estate plan is different. Here are the basic steps in the estate planning process to get you started.

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Reducing the Sandwich Generation’s Financial Burden

Pew Research Center survey findings in 2021 show that 23% of Americans are part of the “sandwich generation”. As the senior population grows and younger adults struggle to gain financial independence, many middle-aged adults find themselves “sandwiched” between their children and parents. This generation is raising or providing financial support to their minor children while […]

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The Use of Charitable Trusts to Provide Income to Heirs

A charitable trust is a type of irrevocable trust that provides income to your heirs while benefiting both you and the charity. If you are philanthropically minded with nonessential assets like stocks or real estate, a charitable trust can offer many financial advantages for all those involved. Once in place, a charitable trust is irrevocable even […]

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Preparing and Reviewing Legal Documents as You Age

Hopefully, you started creating legal documents like medical advance directives, trusts, wills, and insurance policies when you were younger.

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Government Programs for Seniors

Many retirees or near retirement individuals should look to existing government programs to possibly qualify to receive assistance and reduce the anxiety many Americans feel living on a fixed income.

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The Executor’s Role

Even though the decedent nominated you to be their executor, you will still need to be appointed to that role by their local probate court.

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The Estate Planning Process for Individuals with Special Needs

What is the definition of special needs? Those with learning difficulties, behavioral or emotional problems or physical disabilities are referred to as special needs. For example, individuals with autism, ADHD, Asperger syndrome, Down syndrome, dyscalculia, dyslexia, deafness, blindness, and cystic fibrosis fall into the special needs category, as do cleft lips, missing limbs, and more. The […]

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CLIENT Testimonial

Scott Bloom is one of the most caring, responsive, elder law attorney you can find in central New Jersey. He has been a great support not only for my parents but also for me and my siblings. We are deeply grateful for everything he has done over the past 3 years. I am thankful ever day that he came into our lives. In the past year, we lost our father to the terrible disease of dementia, but we are relieved to know that our mother is still in good hands with Scott by her side. Our entire family highly recommends Scott Bloom and his team!
- Annette B., Allentown, New Jersey