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LCR's March 2025 Newsletter

Spring into Action! As we bid farewell to the chilly and dark Winter months, and welcome the refreshing warmth of Spring, it is a perfect time to rejuvenate various aspects of our lives. Just as you spring-clean your homes and gardens, it is an excellent opportunity to review and update your estate plans and long term care needs.

Spring brings a sense of renewal and growth, and there is no better time to ensure that your plans are aligned with your current wishes and circumstances. Whether it's updating your Will, Power of Attorney, or Healthcare Directive, or funding your Trust; taking a proactive approach now can provide peace of mind for you and your loved ones.

In this newsletter, we'll explore key reasons why Spring is the ideal season to revisit your estate planning and elder law strategies. Let's ensure that you and your family's future is well-protected and secure.

Spring Cleaning for Your Estate Plan: Review and Revise
Wealth Building With Cryptocurrency: A Generational Divide
Per Stirpes vs Per Capita: What Do These Mean in a Will?
Green Burials, Eternal Reefs, and Your Estate Plan
Wendy Williams Case Shines Spotlight on Guardianships
Protecting Your Parents’ Assets From Nursing Home Costs
Tax Break Helps Pay for Continuing Care Retirement Community Fees
An Elder Care Lawyer Can Help You Get Medicaid Home Care

LADDEY, CLARK & RYAN, LLP

60 Blue Heron Road | Sparta, NJ 07871 | 973-729-1880

In The News

Spring Cleaning for Your Estate Plan: Review and Revise

Creating an estate plan is not a one-time task. As your life changes, so should your estate plan.

Wealth Building With Cryptocurrency: A Generational Divide

Cryptocurrencies are generally considered a risky option for investing money, especially for older Americans who are in or close to retirement. But millennials and Gen Z consider them a risk worth taking.

Per Stirpes vs Per Capita: What Do These Mean in a Will?

When creating an estate plan, the main decision is how your assets will be distributed after you pass away. Understanding "per stirpes" and "per capita" distribution is key to that decision.

Green Burials, Eternal Reefs, and Your Estate Plan

From traditional burials rooted in religious customs to emerging eco-friendly methods, the journey of how we handle the deceased offers a fascinating glimpse into our society's evolving relationship with death.

Wendy Williams Case Shines Spotlight on Guardianships

The recent struggles of former talk show host Wendy Williams have brought significant attention to the complexities and potential pitfalls of guardianship arrangements.

Protecting Your Parents' Assets From Nursing Home Costs

With the exorbitant cost of nursing home care, many families worry about depleting their loved ones’ life savings to pay for the care they need.

Tax Break Helps Pay for CCRC Fees

Continuing Care Retirement Communities (CCRCs) - which offer the entire continuum of care under one roof - are an appealing retirement housing option, but they can be very expensive.

An Elder Care Lawyer Can Help You Get Medicaid Home Care

Medicaid can provide seniors with financial assistance for home care services. However, since the federal government and the individual states run Medicaid jointly, benefits coverage is different in each state.

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