When a person in New Jersey has a loved one with special needs, they will want to make sure their loved one is provided for financially. One way to do this is for the special-needs individual to obtain government benefits. However, usually a person must have limited...
Month: August 2018
What should be included in a New Jersey nursing home contract?
People in New Jersey who are looking for a nursing home for an aging loved one often do all they can to inspect the home, its policies and its practices, to ensure it is a good fit for their loved one. Once a nursing home is chosen, a nursing home contract will need...
Elder law planning is important when it comes to end-of-life care
Our nation's population is aging. According to the Social Security Administration, men in the United States may live to age 84 on average and women may live to age 86 on average. However, while people in New Jersey may have a will or trust in place, many have not...
3 myths about Social Security
The Baby Boomer population is either already in retirement or will get there in a few years. A majority of Boomers expect Social Security benefits to be a major source of income, and knowing how to navigate this field is crucial to ensure an aging population can...
How do ABLE accounts differ from special needs trusts?
Special needs trusts are one way to provide a disabled person with the income they need to survive, while still retaining their government benefits. However, not everyone in New Jersey has enough money to open a special needs trust. An option that may be available to...
Planning for New Jersey Long Term Services and Supports
As people in New Jersey age, they may find their ability to care for themselves has declined. Whether it is due to an illness, an injury or simply old age, a person might decide that they have long-term care needs. Such care comes at a cost, however. Some people may...