Legislators in New Jersey are considering a new law that would help prevent cases of “granny snatching.” The terms of the proposed legislation, known as the New Jersey Adult Guardianship and Protective Proceedings Jurisdiction Act, protects guardianships appointed in New Jersey courts against interference when the ward—the person being cared for by the guardians—travels to a different state where … [Read more...] about New Jersey Legislature Considers New Elder Protections
It's not an easy thing to consider the possibility that you may not live to see your children grow up and start their own lives. No one wants to think about their mortality, but the fact of the matter is that we must consider these things when we have young children to raise. One of the best gifts that you can give to your children is thinking about who would be the proper guardian for them in the … [Read more...] about How Do You Choose the Best Guardian for your Children?
If you have children, one of the most important parts of your estate plan is your Will, with which you nominate a guardian to care for your kids in the event both you and your spouse pass away. Many parents make a Will naming a guardian while their kids are babies or toddlers, and never reevaluate their choice. This is not a good move. Think about how many things change in a family’s life between … [Read more...] about Updated Your Choice of Guardian Lately?
Parents with young children have quite a few difficult decisions to make when it comes to estate planning. Not only do you need to figure out who should take care of your children in the unlikely event you pass away before they’re old enough to care for themselves, you also have to put a plan in place to provide for your kids’ financial well-being in the event you can’t be there. For some … [Read more...] about Does the Person I Name as My Children’s Guardian Also Have to Control Their Inheritances?
When it comes to estate planning, the terms “guardian” and “conservator” tend to come up often. There’s sometimes confusion about what a guardian does as opposed to what a conservator does. The two roles are similar but distinct. A guardian is a court-appointed fiduciary who is responsible for ensuring that the personal, day-to-day needs of a child or incapacitated adult are taken care of. The … [Read more...] about Guardian vs. Conservator: What’s the Difference?