We’re Open! STAY SAFE

Categories: Uncategorized

A MESSAGE TO OUR CLIENTS and FRIENDS From everyone here at The Law Office of Richard Meinders, please stay safe and healthy until we have the pleasure to meet in person again. In the meantime, please be aware that our office is up and running!  For the time being we are set up to meet
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Home and Asset Protection Plan

Categories: Estate Planning, Medicaid

For most of us there are certain key moments during life’s journey when we find ourselves at a fork in the road. Sometimes these moments are filled with joy and anticipation such as getting married, expecting a first child, graduating from school or college, or starting a business of your own. Other landmark occasions are
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When Do I Update my Will, Power of Attorney, and Other Important Planning Documents?

Categories: Estate Planning, Last Will and Testament, Living Will, Medical POA, Power of Attorney, Trusts

For most of our clients, we recommend and offer a free “check up” at least once every three (3) years to be sure that your life care plan, as well as your wishes for the handling of your affairs after you pass away, are all in order. Below are some of the key factors to
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Updating Your Durable Power of Attorney

Categories: Estate Planning, Power of Attorney

Clients frequently ask how often they should update their Wills and other important documents. While there is no fixed “rule” regarding this issue, I believe that it imperative to review and update your estate planning documents on a regular basis due to changing laws, as well as changing personal and financial circumstances. Following are a few examples
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Five Things a Realtor Should Know When Representing an Executor of an Estate

Categories: Estate Administration, Estate Planning, Executors, Home Sale, Real Estate

1. The Will Alone Is Not Enough! You might think that an original Will naming your client as the Executor of his or her parent’s estate would be the best evidence that you could possibly have to show that he or she has the authority to sign your Listing Agreement and to sell the family
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Retirement Planning: Downsize your Home, Not your Dreams!

Categories: Estate Planning, Real Estate

In our heart of hearts we have always known that the old adage is true: the best things really do come in small packages. But this is America, where we have soaring hopes and dreams. For quite awhile most of us bought into the notion that “bigger is better”, so we just had to have
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New Jersey “Ethical Wills”: Passing On More Than Mere Possessions

Categories: Estate Planning, Last Will and Testament

Throughout the years, when clients have reached a certain age or have experienced a sudden or unexpected medical emergency, they have tended to recognize their own mortality. At such times, they have reached out to me in order to prepare or update their Last Will and Testament. Traditionally the focus was almost exclusively upon determining
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Power of Attorney for College Students

Categories: Estate Planning, Power of Attorney

Sending a child off to college is exciting and gratifying for many parents but, if your child has an emergency while he or she is away at school, are you empowered to help solve the problem? When your child turns eighteen, you lose the legal authority to manage his or her affairs. If your child
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Expanded State Funding Is Now Available To Pay For Assisted Living And In-Home Care Costs

Categories: Estate Planning, Medicaid

Until December of 2014, New Jersey residents who earned income in excess of $2163 per month could only obtain Medicaid assistance to pay for nursing home level care. Under New Jersey’s “Medically Needy” program, they could not obtain coverage for care in an assisted living facility or for in-home care. Not only did this leave
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New Jersey Considers Amending Its Estate Tax Threshold

Categories: Estate Administration, Estate Planning

When the federal government increased the amount which is exempt from federal estate tax to over $5 million dollars a few years ago, many clients thought that death taxes and estate tax planning were no longer relevant issues of concern for them. What they failed to recognize, however, is that New Jersey is still one
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The New Jersey “Exit Tax” – It’s Not What You Think

Categories: Real Estate

New Jersey’s so-called “Exit Tax” is not a new, special, or additional tax, and many New Jersey residents who sell their homes in order to relocate out of state are not subject to the withholding requirements at all. A Withholding Tax for Non-Residents In essence, the purpose of the assessment is to ensure that non-residents
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Commercial Property Investment: A Good Market For The Wary Investor

Categories: Business & LLCs, Real Estate

As our economy continues to recover, interest in Commercial Property is on the rise as well. Currently, investment opportunities abound in Ocean and Monmouth counties based in part on the number of bank owned “distressed” properties and in part upon the physical and financial devastation caused by Hurricane Sandy. This combination has led to low
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Buyer Beware: Home Inspection Analysis and Advice

Categories: Home Purchase, Real Estate

Most real estate contracts require Sellers to obtain a municipal Certificate of Occupancy (CO). What many Buyers do not realize, however, is that  municipal inspections are typically limited to a review of obvious code violations, and many towns merely conduct Smoke Detector and Fire Extinguisher examinations.

Last Gift Letter of Instructions and Sentiments

Categories: Estate Planning

There is perhaps nothing worse than seeing a family under stress in the wake of the sudden loss or disability of a loved one. As a lawyer, I see first- hand the lasting damage that can result to even the best of families when a loved one passes away or sustains a devastating and debilitating
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Is your “Simple” Will too Simple?

Categories: Estate Planning, Last Will and Testament

Most people want to have a “Simple” Will. They do not want to burden their family with unnecessary legal complexities and costs. Unfortunately, important issues are often ignored in the Wills that I am asked to review. With some attention to detail, your Simple Will can be enhanced and supplemented to provide a comprehensive plan
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Could your Power of Attorney Bar you from Receiving Medicaid Assistance?

Categories: All, Estate Planning, Medicaid, Power of Attorney

If you have not looked at your Power of Attorney recently, you should look at it closely and very soon; especially at any gifting language! Durable Powers of Attorney are routinely given to children or other loved ones in order for them to have ready access to your assets should you suffer from a stroke,
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Steve Jobs’s Legacy

Categories: Business & LLCs, Business Buy/Sells Agreements, Estate Planning

Even though Apple is in transition in terms of leadership and this loss, it is obvious that there was a plan for changing and training the team members in their new roles. But when I think of small businesses, I know that we often fail to plan for the next generation. If you intend for
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