Special Needs Planning

New Law Could Require Changes To Your Special Needs Trust Plan

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Special Needs Trust as Beneficiary of an IRA

The new law specifically allows retirement money that is paid to a Special Needs Trust for a disabled person to be paid out over the lifetime of the disabled person. Whereas, retirement money paid to most adults that is not disabled must be withdrawn over ten years. Accordingly, it may actually be MORE tax efficient now to name a Special Needs Trust as beneficiary of an IRA.

Pet Trust

2019 Animal Law Symposium

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2019 Animal Law Symposium

We are pleased to announce that Kevin A. Pollock has recently been added to the speaking panel for the 2019 Animal Law Symposium.  Kevin will be speaking about estate planning for pet owners, including the creation of pet trusts. He will also be discussing relevant income tax laws and NJ Inheritance tax laws that pertain […]