Are Workers’ Comp Benefits Ever Taxable?

In the vast majority of cases, workers’ compensation benefits are fully tax exempt, at the federal, state and local level. But this is not always the case where the workers' comp beneficiary is also receiving Social Security Disability Insurance (SSDI) benefits. Workers’ comp programs, which are run at the state level, provide benefits to people who suffer from work-related disabilities, stemming either from Read More

4 Benefits of Asset Protection Planning

Asset protection planning keeps your assets safe from creditors, including those who get a judgment against you. While many people assume that “hiding” your assets from creditors is illegal, if you protect your assets properly, it is entirely legal and can be extremely beneficial. Asset protection planning requires a great deal of forethought and strategy. Getting started now, before you have threats from Read More

5 Questions to Ask at Your Student’s IEP Meeting

Your child’s Individualized Education Program (IEP) meeting is critical. It gives parents, educators, and other support staff a chance to sit down and communicate about the school’s plan to accommodate your child’s unique learning needs. This meeting provides an opportunity to convey your questions and concerns about your child’s learning environment, school policies, and more. One of the best ways to ensure you Read More

Understanding IEP and 504 Eligibility in New Jersey

Although Individualized Education Programs (IEPs) and 504 plans offer many of the same types of services for children with learning and attention issues, they are different in a few important ways. In many situations, a student may qualify for a 504 plan, but not an IEP. An IEP is generally a bit more focused than a 504 plan, but both programs can be extremely beneficial for students. Eligibility Requirements for Read More

Ask a Lawyer Episode 1 – Divorce and Special Needs Issues

The following is a transcript of an interview with Attorney Christine Matus on divorce and special needs children. Chris, tell us about divorce and special needs issues. Christine: Since we specialize in estate planning for special needs families, there has been quite a number of family lawyers who have reached out to us for help. They have clients going through divorces, and it’s difficult. Add in children Read More

Buying a Home for the First Time? Here are 3 Tips to Get You Started

Buying your first house can be incredibly intimidating and overwhelming. You will likely have many resources for tips and information, including family and friends and an array of resources online. However, when it comes down to it, what is the most essential information to know? Read on to find out.     The price tag may not be what you actually pay. There is often a lot of room for negotiation when it Read More

4 Things to Revisit in Your Estate Plans at the End and Beginning of Each Year

The new year is a great time to consider updating or revising your estate plan. Things change from year to year, so it is a good idea to pull out your estate plans periodically to be sure that it still says what you want it to say. Your estate plan is important to both you and your loved ones, so it is vital that it is correct and remains up to date. Below are a few changes that may have happened this year that might Read More

Guest Post: Tax Tips to Help You for Your 2018 Taxes

I have always believed that asset protection goes beyond just legal planning and must include among others, accounting planning expertise to implement a truly protective and holistic plan. We have been so pleased to have met Larissa N. Scarangella CPA. Ms. Scarangella has the same philosophy and mindset when helping people and found her insights valuable. Here is some important information she has graciously shared Read More

How Does the SSA Calculate Cost of Living Increases?

This article originally appeared on ElderLawAnswers Next year, Social Security recipients will see a 2 percent raise in benefits, the largest increase in six years. For Social Security Disability Insurance (SSDI) recipients, the average monthly benefit will go up from $1,170 to $1,180, not including people who are blind, for whom the monthly rate is significantly higher. For Supplemental Security Income (SSI) Read More

6 Things a Will Can and Can’t Do for You

Wills are an extremely beneficial estate planning tool. However, they do have some limitations. Below is a quick description of the most important things that wills can and cannot do for you. What a Will CAN Do for You     A will can help you avoid intestacy laws. If you do not use a valid will to describe whom you would like to get your assets, anything you own at the time of your death will Read More