123 Prospect Street, PO Box 704, Ridgewood, New Jersey 07451
Elder Law Planning
Attorney Robert C. Welch, Jr. has been assisting seniors and their families for over 25 years with their estate and elder law planning including:
- Last Will & Testament
- Inheritance & Estate Taxation
- Trusts
- Nursing Home Contract Review
- Gift Planning & Gift Tax Returns
- Financial Power of Attorney
- Medical Power of Attorney
- Living Will
- Guardianship
Skilled advocate assisting seniors with elder law planning
Attorney Robert C. Welch, Jr. can advise you on the approach to your estate planning goals. As your financial situation changes through the years, an older Will may not offer the latest estate planning techniques or name your intended beneficiaries or fiduciary representative, i.e., your Executor or Executrix. Attorney Welch will explain how your assets can pass through your Will or other designations, how to minimize estate taxes, support charitable causes and plan for loved ones. Attorney Welch can prepare a Last Will & Testament that reflects your desires and establish a trust, for example to protect a bequest for a minor child. There are several kinds of Trusts which can be established for specific purposes. Part of your elder law planning could be the preparation of other documents in the event that in the future you are not able to manage your financial or medical affairs. Examples of those legal documents are a financial Power of Attorney, a medical Power of Attorney or in the case of a terminal illness, a Living Will. An elder law plan will provide a means for your chosen representatives to have the necessary legal tools to take care of your financial and medical needs.