Certified Elder Law Attorneys Serving New Jersey Residents Since 1978.
When people think about estate planning, they typically think about what will happen to their assets and their heirs after they are gone. However, estate planning is also about preparing for all sorts of scenarios, including the possibility that you may someday need...
Elder Americans have many concerns about what will happen to them if a day comes when they can no longer care for themselves. For those with limited financial resources, aging and the possible need to enter a nursing facility are especially worrisome. Fortunately, the...
As you get older, there may come a time when you realize that there is the possibility of needing to live in assisted accommodation in the future. You may simply envision a point in which you are less independent and want the security of a nursing home, or you may...
Taxes are just an obligation most people have to deal with -- and that obligation doesn't end when they die. The executor of your estate may not only have to file your final tax return on your behalf, but your beneficiaries may have an obligation to pay inheritance...
When you die, your family will have to settle all of your accounts and pay off your debts before they get to enjoy the assets you bequeath to them. The executor for your estate has a legal obligation to handle your debt before they distribute property to anyone else....
When you draft a trust as part of your estate plan, it allows you to retain more control over what happens to your assets. You get to decide how your money is spent, even after you pass away. What kinds of trusts are available? There are numerous different types of...
Individuals wishing to qualify for Medicaid must be low income and have limited assets. In most jurisdictions, you become ineligible for Medicaid if you own more than $2,000 in assets. Turning over what you have to loved ones to qualify for Medicaid may land you in...
If you reach a point in your life where you need Medicaid benefits in order to obtain care for yourself, your financial circumstances will affect your ability to qualify. For most adults, it is necessary to diminish their personal assets almost completely before the...
If you have an elderly loved one with a disability, it may be something that they have dealt with all their life, such as the result of an injury as a young adult. It may also be the direct result of aging, such as the ramifications of a stroke. Either way, you know...
Nobody lives forever, which is why the parents of special-needs children need to plan ahead. When you have an adult child with special needs, there will come a time when you’re no longer around to protect them and make sure that their needs are met -- and that means...
