Certified Elder Law Attorneys Serving New Jersey Residents Since 1978.
The main purpose of a special needs trust is typically to provide supplemental financial support for individuals who cannot live independently. Parents, grandparents and other family members may fund a trust to help a loved one with special needs live independently,...
When Americans reach the age of 65, they’re typically eligible for Medicare benefits. Medicare is an earned retirement benefit that provides basic medical coverage. Many people assume that Medicare can cover all of their major care expenses. However, there are...
Medicaid coverage helps close the gap between what people can actually afford and the care they actually need. People who meet relatively strict qualifications could be eligible for Medicaid coverage for necessary health care. In some cases, older adults who have had...
Powers of attorney are very useful legal documents. They help people prepare for future emergency scenarios. Having those plans in place is of the utmost importance should the unexpected happen. However, many people fear the abuse of the authority that they grant to...
Guardianship is an arrangement wherein a competent and trustworthy adult takes care of another adult’s basic needs. Guardianship often follows major medical events, such as strokes or pulmonary embolisms. Occasionally, the party in need of support might actually...
When an adult creates their estate plan, they name someone as the estate’s executor. That individual has specific responsibilities to perform once the creator passes away. The most important of these is ensuring that the decedent’s final wishes are carried out...
Planning for long-term care is never a straightforward task, as each individual’s unique circumstances must be taken into account. But, in an uncertain economy, this undertaking can feel especially overwhelming. Medicaid serves as the safety net that many seniors...
If you are a parent setting up a trust, you should understand the provisions that will meet your family’s needs. One of the unique needs of families is protecting a child with financial mismanagement issues. For example, one with an addiction or significant debt. If...
Long-term care planning requires you to prepare for your future medical, financial and personal care needs. This is an essential component of a comprehensive estate plan because it addresses the significant risk of you needing assistance with daily living activities...
Many older adults hope to never require Medicaid coverage. If they remain healthy, Medicare coverage may prove sufficient throughout their golden years. However, people who need in-home nursing support or a bed in a nursing home cannot rely on Medicare for those...
