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I Already Have an Estate Plan. What About My Pets?

I Already Have an Estate Plan. What About My Pets?

 

You’re a planner. You set out goals and you achieve them. You’ve got a comprehensive estate plan that includes a will, named guardians for your children, irrevocable trusts for your dependents, a health care proxy, and an advanced care directive.

But what will happen to your beloved pets if you pass before they do?

No problem. Just have your estates and trusts attorney set up a pet trust.

I’m not wealthy — Why do I need an estate plan?

Don’t be fooled into thinking you need to have a fat bank account and a mansion house at the Shore to need a sound estate plan – the area of law that covers wills, trusts, and probate. How much money you have is only one factor out of many that you need to consider when planning for the future. If you already have an up-to-date will, that’s a good and necessary start. But in many cases, it will not cover all the bases that should be considered ahead of time to make things easier for your heirs if you die...

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June is National Safety Awareness Month – 8 Social Safety Awareness Strategies for Children with Special Needs

By Jayne M. Wesler, Esq.   Studies show that children with disabilities, particularly those with emotional or behavioral disabilities, have a significantly higher risk of injury than those with no disabilities. Children with special needs experience the same types of injuries as other children, but with more frequency. So, with the spotlight on safety this month, it’s especially important to ask what safety awareness means for children with special needs and to focus on how preventive measures can help lower the risk of injury for your child. A study published in the American Journal of Public Health assessed injuries among children in the...

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Why DIY Estate Planning Is a Really Bad Idea

The do-it-yourself approach may work for some jobs, but providing for your family after you’re gone is too important to risk making mistakes -- mistakes that could put your loved ones in the legal weeds just when they need the most support and ease of mind. Here are some top reasons NOT to be an estate plan “do-it-yourselfer”: • While internet sites can provide you with boilerplate documents, they do not reflect specifics of your financial and personal life and may be questioned or disputed later. • The requirements for a validly written document(s) vary from state to state. • A valid estate plan...

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Children’s Mental Health: Statistics are Staggering and It’s on the Rise

By Jayne M. Wesler, Esq. May is Children’s Mental Health Awareness Month. The worldwide pandemic starting in March 2020 has been hard for adults and children alike. For children, however, the challenges have been magnified since they often have little control over their lives, and most are not developed or mature enough to recognize what is happening to them. While statistics show that mental health challenges have been rising for our student population in the last decade, COVID-19 has multiplied the problems. How widespread are the issues? Almost half of all parents in the United States report that their children have struggled with...

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Over 18? Don’t Wait. Estate Planning Is for Everyone

You may think that estate planning is something you can put off until you’re older – maybe a lot older. But if you’re over 18, it’s never too soon to take this important step toward safeguarding the future for yourself and those you love. At Sussan, Greenwald & Wesler, we place great importance on estate planning for all our clients, and we’re ready to help you take this essential step. It’s easier than you think! Here are some estate planning facts you may not know: • It may be surprising to learn that the COVID-19 pandemic has led to greater awareness...

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