Prenuptial Agreements Can Be Estate Planning Tools
As more and more people marry more than once, prenuptial agreements have become important estate planning tools. Without a prenuptial agreement, your new spouse may be able to invalidate your existing estate plan. Such agreements are especially helpful if you have children from a previous marriage or important heirlooms that…
Make Sure Your Power of Attorney Complies with Federal Privacy Law
A power of attorney (POA) and a health care proxy are two of the most important estate planning documents you can have, but in some instances they may be useless if they don’t comply with the federal privacy law. A POA allows someone you designate (your “agent” or “attorney-in-fact”) to…
Medicare Fraud Costs Billions: Here’s How You Can Help
Medicare fraud is often in the news, but what is it, exactly? Fraud costs Medicare an estimated $60 billion a year and contributes to the rising cost of health care for all Americans. Once you understand what is involved, you can help prevent fraud. Medicare fraud occurs when providers mislead…
Ocean County Elder Law Attorney Robert Novy on The Best Years
Robert Novy discusses the importance of creating a power of attorney, an advanced directive, medical directive, and a trust agreement. This interview also touches on what happens to your estate (assets earned during your life) if you do not have a will.
Eye on Ocean County Continued
For the second segment of Eye on Ocean County, Bob Novy provides important details relating to the power of attorney, living wills, and planning for your future.
Robert Novy on Eye on Ocean County
Bob Novy was recently a guest on Eye on Ocean County. In this first segment, Bob explains the importance of obtaining a will, the features and benefits of a will including asset protection, child guardianship, the proper way to update a will, as well as recommendations on naming an executor.