Long-term care planning is important for people in New Jersey to consider while they are still competent enough to do so. For example, they may need to execute legal documents to name who will make decisions on their behalf if they become incapacitated. Also, they...
As a person ages, they may reach a point where they can no longer care for themselves. They may need help with daily care activities or they may need in-home health care. Often, a family member steps up and takes on the role of caregiver. While this is often an act of...
To qualify for Medicaid benefits, the combined total of a person's income and assets cannot surpass a certain threshold, which is relatively low. A person's home may be counted as an asset for the purpose of Medicaid qualification. However, people in New Jersey need...
Elder care planning entails more than just securing Medicaid. It also involves creating or updating routine estate documents, such as guardianships and powers of attorney. Another one that you should include is a health care directive, also known as a living will....
Many people in New Jersey, including the elderly and special needs individuals, rely on government benefits to make ends meet financially. However, there is a limit on the monetary amount of assets a person can have in order to qualify for certain government benefits....
Sometimes, as a person ages, his or her mental or physical abilities deteriorate to the point that he or she becomes partially or totally incapacitated. Special needs children may also be incapacitated as adults. When this happens, a court appointed guardian may need...
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,...
People in East Hanover have so many choices when it comes to estate planning and elder care, that it can be difficult to know where to start. Sometimes a person creates a will, and believes their estate planning is done. This can be problematic if the person also...
People in East Hanover may have heard of the phrase power of attorney, but may not know exactly what this term means. A power of attorney is a legal document a person executes that dictates who will be able to make legal decisions on behalf of the person should the...
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...
