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Certified Elder Law Attorneys Serving New Jersey Residents Since 1978.

May 2019 Archives

Help is available when guardianship is the only option

It can be difficult to see a loved one's mental or physical capabilities decline over time. Unfortunately, sometimes the situation becomes so serious that a guardian must be appointed. A guardian becomes necessary when the person is incapable of taking care of their own affairs and they didn't designate a power of attorney before they became incapacitated. This is a situation that must be treated delicately and with respect for the incapacitated individual.

Why are special needs trusts important for disabled loved ones?

Special needs trusts are a vehicle that protects assets that can be used to pay for certain needs of a disabled beneficiary. Gifts to the beneficiary, funds from a legal settlement and life insurance proceeds can all be part of a special needs trust. There are several reasons why some people in New Jersey decide to execute a special needs trust.

Can my estate be subject to Medicaid recovery in New Jersey?

Many people in New Jersey rely on Medicaid benefits to pay for their care needs as they age. However, what they may not know is that upon their death, Uncle Sam may come knocking, seeking recovery from the deceased's estate of what was paid for using Medicaid benefits.

An overview of Medicaid expansion in New Jersey

Many aged individuals in New Jersey plan on utilizing Medicaid benefits to pay for their long-term care needs. However, it is important to understand how Medicaid has changed over the years. Eligibility hinges on a person's income level, but with Medicaid expansion, more people have been able to apply for and receive benefits.

Nursing homes may not be an option for many by 2029, study says

Some people in New Jersey may plan on relying on savings, home equity or Medicaid resources to pay for a stay in a nursing home in their old age. However, according to recent research, if the cost of senior housing continues to rise at its current trajectory, by 2029 almost 8 million middle-income seniors will not be able to afford an assisted living facility or nursing home. If this happens, it may become more common for seniors to receive in-home care.

Macri Law Group
49 Ridgedale Avenue
Suite 1
East Hanover, NJ 07936

Phone: 973-577-6010
Phone: 973-577-6010
Fax: 973-887-6237
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