Not everyone in New Jersey has, or can afford, long-term care insurance, which can be used for paying for nursing home care. Nevertheless, people should have a plan for how they will afford a stay in a nursing home, should they need it in their old age. This is when...
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...
At the end of the day, you cannot afford to delay writing your will. Approximately 64 percent of Americans still lacked a will as of 2015. In the event you pass away without such a document, then your loved ones may not get the assets you want them to have. ...
When a person is appointed as a guardian over another person, making medical decisions on behalf of that individual can be difficult. After all, while guardianship in New Jersey is seen as a last resort, guardians still have the duty to make decisions the...
When a person in East Hanover is engaged in the estate planning process, they may be thinking not just about how their assets will be passed on to loved ones, but also how they will meet their financial needs as they age. Many seniors anticipate relying on Medicaid or...
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...
