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December 2013 Blog Posts (2)
JOINT ACCOUNT HOLDERS DON’T ALWAYS AVOID PROBATE
The mere fact that someone held an account jointly with a decedent doesn't necessarily mean he will avoid probate. While there is a statutory presumption that a right of survivorship is created when a party to a joint account dies, this presumption can be overcome with evidence showing that undue influence was used in the creation of the account, or that the account was solely for the convenience of the depositor. This was highlighted in a recent NJ appellate court…
ContinueAdded by Pamela Avraham on December 23, 2013 at 11:12am — No Comments
Long-Term Care and You
November was a Long-Term Care awareness month. At the November 20th meeting we had a discussion about the cost of care for our loved ones as well as the affects on the caregivers. How would you handle a situation if you or your loved one will need help with basic daily activities such as bathing, dressing, eating, etc? Are you prepared emotionally and financially? Do you know what your options are?
For more information, feel free to contact me.
Added by Lillian Sonnenschein, LUTCF on December 2, 2013 at 11:22pm — No Comments
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