The baby boomer generation is aging, and some may find that their parents are in need of nursing home care, or they may have reached an age where they themselves need nursing home care. Many people in such situations will want to apply for Medicaid benefits. However,...
If you are a savvy New Jersey resident who has a living trust that protects your assets, it may surprise you to find out that by itself, your trust is insufficient to ensure that your trustee has the ability to distribute your assets as you wish after you die. If you...
One thing that will be considered when a person in New Jersey applies for Medicaid benefits is that person's income. There is a limit to the amount of income a person can make for the purposes of receiving Medicaid benefits. Of course, income includes any wages...
If your parents live in New Jersey and you think they may need to move to a nursing home or an assisted living facility in the future, it is in their best interests and yours to start planning early for this eventuality. Why? Because annual costs for these facilities...
As our nation's population ages, more and more people will need care in their older years. Whether they choose in-home care, an assisted living facility or a traditional nursing home, paying for such care can easily exhaust a person's financial resources and nest egg....
In New Jersey, there are steps a person must take before they can legally qualify as guardian of a person's estate. Once they qualify as guardian of the estate, there are certain things they must do. This post will provide a brief overview of this topic. However, it...
When people begin aging, they must consider what kind of care they would like to receive once they are unable to live independently. One option is home care. This is when an aide comes to a person's home to assist in taking care of basic needs such as bathing,...
One of the most valuable documents a person in New Jersey can include in their estate plan is a durable power of attorney. In this document, a person can select someone who will make financial decisions on the person's behalf should the person be physically or...
Many people in East Hanover may be planning for the fact that they may eventually need to enter a nursing home. While they may put a lot of thought into which facility would provide them with the best quality of care, they also will have to consider how they will pay...
Many people in New Jersey rely on the availability of Medicaid services to allow them to pay for their health care both now or in the future. However, the U.S. Centers for Medicare & Medicaid Services has issued guidelines regarding states' rights to make it...
