Many people in New Jersey may have decided that they will rely on Medicaid in part to fund their stay in a nursing home, should they need such services in their old age. However, to do so, a person's countable assets cannot be valued above a nominal level, which is...
There are a variety of ways to pay for long-term care. Some people in New Jersey have a long-term care insurance policy. Other people may be eligible for public benefits aside from Medicaid like, for example, Veterans Affairs Aid and Attendance. A person may take out...
As you sit down to draft or revise your will, you may have trouble starting. Deciding what happens to your belongings and wealth after you die can be an intimidating task. Additionally, it can be confusing to know what you can–and should–include in...
While it is not exactly pleasant to think about, New Jersey residents might want to take the time to consider what end-of-life care they want when they are near death and who they want to make health care decisions on their behalf if they are incapacitated. It can...
Being appointed as a guardian over a person should be seen as a last resort, but sometimes if a person is incapacitated, it is necessary. New Jersey recognizes two types of guardianship. One is guardian of the property. This individual takes care of the incapacitated...
People in New Jersey who are in need of nursing home care or other types of assisted living care may be planning on using Medicaid benefits to fund such care. In order to qualify for Medicaid, a person's income must be below a certain level. However, through the use...
Some people in New Jersey may have given thought to how they will afford the care they may need as they age, and thus have a long-term care insurance policy as part of their estate plan. However, such policies can be expensive, as premiums are constantly increasing....
While it is not exactly a pleasant topic to think about, many people in New Jersey may have opinions on what kind of end-of-life care they receive. Some may not want to remain on life support if they are in a vegetative state. Some may decide that if they are struck...
If you require long-term medical care and cannot afford to pay for it or insurance, you may need Medicaid. You could have the desire to apply for Medicaid but feel like the process is confusing and intimidating. Indeed, the application process can be a...
Some people in New Jersey may think that the only way for them to pass their assets on to their loved ones is to create a will. However, a trust also allows a person to pass down their assets for future generations. Trusts have some advantages that people who are...
