Losing a loved one is never easy, and while the grieving process takes time, it’s essential to review your estate plan after such a significant event. The death of a loved one can impact your plan, and updating your documents ensures your wishes align with your current reality. Here are the critical elements of your...Read More
The arrival of a new child is one of the most joyful moments for any family. Between setting up the nursery and planning for the future, parents often overlook one essential task—updating their estate plan. As a growing family, ensuring that your estate plan reflects your wishes is critical to safeguarding your child’s future. Why...Read More
As we grow older, our lives change, and it’s essential to understand the legal rights and protections that come with aging. There are various issues that affect seniors, including long-term care planning, estate, and end-of-life planning, as well as protections to avoid nursing home abuse or neglect. It’s crucial to be aware of your rights...Read More
A living trust is a legal arrangement that an individual (known as the grantor) creates to protect their assets and outlines the terms of distribution after their death. This valuable estate planning tool can help family members and beneficiaries avoid a lengthy, complex, and sometimes costly probate process. How Living Trusts Work Living trusts are...Read More
Sparta: Askin & Hooker, LLC will host their seventh annual Wills for Warriors program free of charge for Sussex County veterans on Friday, November 10, 2023. The Wills for Warriors program, established in 2016 by attorneys Todd Hooker and William Askin, allows Sussex County, NJ, veterans to have their Last Will and Testament prepared for free. Since the program started, Askin & Hooker...Read More
As you plan your estate, you might be considering whether an irrevocable trust should be part of your asset protection plan. You’ve worked hard for your money and want to protect your finances, but in order to protect your assets, you need to have an asset protection strategy in place. There are many things to understand...Read More
Did you know that just over half of adults have a power of attorney in place? A recent survey found that while 83% of people over the age of 72 have a power of attorney, only 41% of millennials have one. A power of attorney and other estate planning documents, such as a living trust, allow people...Read More
Wills and Estate Planning are very sensitive and complex endeavors, but they are essential for everyone, regardless of how much or how little they own. Wills are documentation of your decisions intended to represent your plans for your dependents and assets that will affect your family and loved ones when you pass away. If you...Read More
Estate planning is a very sensitive and complex endeavor. Basic life planning, including a Will and a Living Will at a minimum, is important for everyone – no matter how much or how little you own. By preparing a Basic Will, an individual gets to control how his/her property is distributed. Without a Will, the...Read More
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