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Certified Elder Law Attorneys Serving New Jersey Residents Since 1978.
Your elderly relatives worked very hard to provide for their families and set aside some retirement funds. They have enough to get by but there is little margin for error. Sadly, there is a common misconception that elderly people are always wealthy. For this reason,...
As you set up your estate plan, your main goal may be to transfer the financial assets that you own on to the next generation. You also have to address some physical assets, such as family heirlooms or a house, but finances play a big role. Exactly how you do this...
While doing long-term care planning for an elderly loved one, you may find yourself surprised by the cost of a nursing home. Even an assisted living center can be incredibly expensive. You know that you need to plan for these costs, but you may also be trying to look...
Medicaid provides financial support for expensive medical care to those who would otherwise be unable to pay for their treatment. Given the needs-based nature of Medicaid benefits, there is a negative association in the minds of some people with receiving Medicaid....
These days, more and more Americans are growing old alone. Many of them never had children, or perhaps their children are scattered throughout the country or around the world. Often, parents and adult children become estranged. When an older person is no longer able...
Preparing for an aging parents' future is a responsible step that many adult children take. Planning ahead will help ensure everyone is ready for what the future holds. Thinking about things like risk and financial management now will help you avoid issues and...
There are many reasons why you want to plan ahead for your financial future. One reason to do this is simply that you may need medical care as you age. This is very expensive, and many people have no way to meet these costs when the time comes. If you plan ahead,...
Your elderly relatives took care of you in numerous ways when you were younger. They watched you after school, helped with homework, instilled a work ethic into you and much more. You’re eternally grateful for this and would do anything to return the favor. Well,...
People are sometimes under the impression that they have to choose between a Medicaid nursing home in a nursing home that does not accept Medicaid. They may believe that the home that does take Medicaid is inferior. They believe it is not going to offer them all of...
It is never easy to watch the parents you once relied upon age and lose their ability to care for themselves. However, as they get older, it is inevitable that they will become frail and their health will begin to deteriorate. And you need to be prepared for this. One...
