The Pollock Firm LLC

October 9, 2020February 17, 2021Elder Law, Estate Planning, Guardianship, Power of Attorney

Durable POA or a Traditional POA

A Power of Attorney (“POA”) is a very useful and inexpensive document to obtain. If you do not have a POA, in order for your spouse or loved ones to make financial decisions for you, they must institute a guardianship proceeding.

March 21, 2018February 22, 2021Estate Administration, First Party Special Needs Trust, Self Settled Special Needs Trust, Special Needs Planning, Special Needs Trust, Supplemental Needs Trust, Third Party Special Needs Trust, Trust Planning

Reasons to set up a 3rd Party Supplemental Needs Trust as an Irrevocable Life Insurance Trust

Recently, I wrote a post explaining the differences between a First Party Special […]

Special Needs Trusts Supplemental Needs Trusts

March 5, 2018February 22, 2021Estate Planning, First Party Special Needs Trust, Florida, New Jersey, Pennsylvania, Self Settled Special Needs Trust, Special Needs Trust, Supplemental Needs Trust, Third Party Special Needs Trust

Understanding the Differences Between Special Needs Trusts and Supplemental Needs Trusts

“Special Needs Trusts” and “Supplemental Needs Trusts” are terms to describe trusts […]

May 8, 2017February 25, 2021Estate Planning, Estate Tax, Farm, Florida, Inheritance Tax (相続税）, New Jersey, New York, Pennsylvania, Tax Planning

The Best Place To Die (From An Estate And Inheritance Tax Perspective)

Best place to die Several years ago, I wrote a few articles […]

January 23, 2017February 26, 2021Estate Litigation, Estate Planning, Estate Tax, Titling of Assets, Trusts, Will

Why Titling Of Assets Is So Important In Second Marriages

I was talking to another estate planning recently and discussing how much of our […]

April 4, 2016March 2, 2021Animal Trust, Florida, New Jersey, Pennsylvania, Trustee, Trusts

New Jersey Enacts Uniform Trust Code into Law

While this may not sound like big news, it is actually very […]

August 11, 2014December 23, 2020Bond, Federal Estate Tax, Florida, New York, non-resident, Probate, Trust Planning

Non-residents Non-citizens of the US Should Be Careful of How they Invest in American Assets

Many individuals who live outside of America like to purchase real estate […]

February 13, 2014March 5, 2021Capital Gains Tax, Estate Planning, Estate Tax, Federal Estate Tax, Florida, Gift Planning, Gift Tax, New Jersey

Gifting to Parents to Save on Capital Gains Taxes

As I gaze outside at yet another major snowstorm here in Mercer […]