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Certified Elder Law Attorneys Serving New Jersey Residents Since 1978.

Disability and Long-Term Care Planning Archives

How common is the need for long-term care planning?

Some people in New Jersey plan carefully for the care they will need in their old age, but others may find their health has deteriorated quickly and they are in immediate need of services. According to the U.S. Department of Health and Human Services, on average a person who is currently age 65 will have nearly a 70% chance of needing some sort of long-term care before they pass away. On average women will need 3.7 years of long-term care services, while men will only need 2.2 years of long-term care services on average.

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.

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.

How can you protect your special needs child in your estate plan?

Parents of special needs children in New Jersey are often grateful for every moment they have with their child. However, they may understand that their child will need life-long care, and, thus, may be worried about what will happen to their child once they are no longer alive. This is where estate planning becomes very important.

Adult children can provide care to aging parents in New Jersey

Many people in New Jersey find themselves having to care for their aging parents, even if they are still working themselves. It can be difficult to find a work-life balance when you are a caregiver. However, there are legal options that may help people care for aging loved ones, even if they have not yet left the workforce.

Pew Research conducts poll on paying for long-term care

Many people in New Jersey rely on Medicaid to pay for their long-term care needs. However, not everyone is optimistic that government benefits will be available in the future. Pew Research polled 2,524 people regarding who should be paying for long-term care 30 years from now and who they think will actually be paying. The results indicate that, while many think the government should shoulder the bill, they do not anticipate this happening any time soon.

Special needs trusts can be an important part of an estate plan

When a person in New Jersey has a disabled loved one, they want to ensure that their loved one's medical care needs are met. Sometimes, a disabled individual qualifies for government benefits, but these benefits may not be enough to cover all aspects of their care. Fortunately, there are other ways to set money aside for the care of a disabled loved one.

Long-term care planning can include self-directed at-home care

While some people in New Jersey plan on entering an assisted living facility or a nursing home once they can no longer care for themselves, others wish to remain in their homes, if possible. These days, there are a variety of programs that provide people with long-term care at home, some of which are run by the state.

New Jersey caregivers to get more support from state

In the state of New Jersey alone there are an estimated 1.75 million individuals fulfilling a caregiver role. Most of them are doing so unpaid. Whether taking care of a family member or friend, it is a difficult, stressful, and exhausting duty and tasks can include basic needs such as assistance with dressing, cooking, or running errands. In situations involving special needs patients, a caregiver may operate necessary medical equipment, dress wounds, or monitor and manage prescription medication-- often, with no training.

The basics of Medicaid in New Jersey

Many people in New Jersey and across the nation take the step of establishing a long-term care plan for how they want to pay for the health care services they or a loved one will need as they age. Some people will want to utilize Medicaid services as a means of affording health care services. It is important to have a basic understanding of what Medicaid is, so you can determine if it is right for you.

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Phone: 973-577-6010
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