Certified Elder Law Attorneys Serving New Jersey Residents Since 1978.
Nursing homes have always been expensive. A big part of the future planning that people do is saving money for their long-term healthcare needs. They expect to spend at least some time in a nursing home or an assisted living center, and they need to have the funds to...
Medicaid is a program designed to assist elderly individuals with low incomes in paying for medical expenses. When a senior applies for the program, Medicaid conducts a five-year look-back or analysis. Applicants must meet strict eligibility criteria, which will be...
Discussing an estate plan with family members is a delicate matter. It’s a conversation often laden with emotion because of the weight of financial implications and the reminder of mortality. However, this conversation is crucial for ensuring that your wishes are...
Qualifying for Medicaid coverage requires you to meet several requirements. One of these is to have an income or assets that are under a set threshold. For those who do not meet this threshold, it is possible to “spend down” or reduce their income and assets to...
Guardianship involves granting one individual the type of authority over another adult that parents usually have over minors. A guardian needs to provide for someone's basic daily needs and ensure their safety despite medical or cognitive challenges. Some people...
Transitioning to assisted living often brings many emotions for individuals and their families. It marks the beginning of a new chapter that, while offering a supportive living environment, also calls for significant adjustments. Preparation in terms of finances and...
Every paycheck someone earns will have deductions taken from it by an employer. People don't have to calculate their own tax withholdings because their employers send estimated payments to the government on their behalf (unless they work for themselves or as...
Medicaid is a health insurance scheme that is designed to provide health coverage as well as other related services to America’s most economically vulnerable citizens, including low-income seniors as well as low-income individuals with disabilities. Jointly funded by...
Trusts are often a fundamental part of estate planning. There are many types of trusts, each with unique features and benefits. Among these, irrevocable trusts are considered one of the most powerful tools in protecting and preserving wealth. While they may seem...
People don't like to think about needing Medicaid benefits as they get older. Many individuals associate Medicaid with poverty and with a loss of control over their assets. However, the truth is that Medicaid benefits are necessary for many older adults as their...
