Sometimes, a person in New Jersey suffers from a mental deficiency, such as Alzheimer's or dementia. As a result, they are not capable of making appropriate decisions on their own behalf. When this happens, a legal guardian may need to be assigned for that person. In...
Month: September 2018
Are women prepared for the costs of long-term care?
Most people in New Jersey expect to live long lives. However, many are not prepared legally and financially for their old age. According to one study, this may be especially true for women. An AARP study of 500 women between 45-years-old to 64-years-old reveals that...
Asset protection may be possible for New Jersey residents
Those in New Jersey who have an aging loved one who is in need of around-the-clock care may find the costs associated with such care can be distressing. As of now, 24/7 in-home care can set a person back $7,000 monthly. If you'd like your loved one to live in an...
Medicaid planning: Protecting the house and Medicaid eligibility
When it comes to end-of-life planning, one of the most valuable resources many seniors in New Jersey can rely on is Medicaid planning. Whether you plan to retire in a few years or are in the process of updating your estate plans, one item you should dedicate a little...
A personal care agreement can benefit New Jersey families
When a person's parents reach an age where they need help with their daily care activities, oftentimes their children step up and serve as caregivers. They do this out of love for their parents and, in general, do not expect to be paid. However, this situation can...