Guardianship is a powerful legal tool for helping adults who are unable manage their affairs due to age, illness, or disability.
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Guardianship is a powerful legal tool for helping adults who are unable manage their affairs due to age, illness, or disability.
Continue reading ›With the cost of long-term care rising across the country, many adult children of elderly parents are rightfully worried about being held responsible for their parent’s long-term care costs. But is this something you really should be concerned about? In general, it is unlikely that you will be held responsible for your parents’ care. But,…
Continue reading ›As experienced estate planning attorneys, we cannot overstress the importance of advance medical directives. These comprehensive legal documents protect your healthcare wishes when you are unable to express them yourself. In this article, we will provide a brief overview of advance medical directives, and explain the consequences of failing to have such safeguards in place.…
Continue reading ›When faced with the necessity of long term care, many Americans find themselves in a dire financial situation. This is because long term care costs in this country are extremely high. Adult day health care services are on the low end, with median monthly costs at $1,950 in New Jersey and $1,907 in New York.…
Continue reading ›As the population ages, the need for long-term care services like nursing homes and assisted living facilities continues to grow. Luckily, many seniors in New Jersey qualify for Medicaid, a state and federally funded health insurance program for low-income individuals. For the elderly, Medicaid often comes into play when they are receiving long-term care services…
Continue reading ›There is no denying that long term care facility costs are rising across the country. The good news is that medical fees—such as assisted living expenses—may be tax deductible. This guide, along with the advice of a seasoned New Jersey estate planning attorney, can help ensure that you are utilizing these advantageous tax provisions. How…
Continue reading ›As an experienced New York elder law attorney, one of the most common concerns my clients have is finding a nursing home, assisted living facility or adult day care center that meets their or their loved ones’ needs and preferences. With so many options available, it can be a daunting task to determine which one…
Continue reading ›Introduction Navigating the complex world of Medicaid in New Jersey can be a daunting task. One of the key factors in determining Medicaid eligibility in New Jersey is an individual’s assets and resources. This article aims to clarify what is considered an asset or a resource for Medicaid in New Jersey, and how an experienced…
Continue reading ›The Lookback Period for Medicaid in New Jersey: What You Need to Know As the population ages, more and more families in New Jersey are faced with the challenge of financing long-term care services. Medicaid is a valuable resource that provides assistance with these costs, but it is crucial to understand the intricacies of the…
Continue reading ›Introduction As you plan for your future, it’s essential to consider the cost of long-term care and how it may impact your financial security. In New Jersey, one option to protect your assets while qualifying for Medicaid assistance is a Medicaid compliant annuity. In this article, we’ll discuss when a Medicaid compliant annuity may be…
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