Insight Articles

Probate is the process for distributing a person’s assets to their beneficiaries after they pass away. In New Jersey, this process is designed to ensure everything is done legally and efficiently. It involves taking stock and appraising the assets left by the deceased, settling any debts, and then allocating the remaining assets to the proper…

Nobody wants to be stuck in a situation in which they are incapacitated and unable to manage their financial affairs. That is why you must execute a power of attorney. There are many considerations when drafting your power of attorney, one being when you want it to go into effect. In other words, whether you…

Any parent of a special-needs child knows how useful New York State benefits such as Medicaid, Supplemental Security Income (SSI), or housing assistance could be in contributing to treatment and care costs. Parents can qualify for these benefits by verifying that their annual income is below a certain amount and passing a stringent assets test. …

Navigating Medicaid eligibility in New Jersey can be challenging, especially when you exceed the income limit. As experienced Medicaid attorneys, we know that there are legal strategies that can help you become or remain eligible for Medicaid despite exceeding the income limit. One of these strategies is to establish a qualified income trust.  In this…

Embarking on the journey of long-term care for dementia can be a challenging and emotional endeavor, filled with complex decisions and numerous options to consider. From understanding the various stages of dementia and the corresponding care requirements to navigating the financial landscape of long-term care in New Jersey, it is important to arm yourself with…

Navigating through the emotion that accompanies a dementia diagnosis can be deeply challenging, not just for the individual, but for their entire circle of loved ones. A wave of emotions, including fear, sadness, and uncertainty about the future, may sweep over you. In the journey that lies ahead, ensuring the well-being of yourself and those…

Navigating the path of dementia presents formidable challenges, both for those diagnosed and for their loved ones. Amidst the swirl of emotions and uncertainties that it may bring, creating a structured plan for the future provides a tangible step in securing peace of mind. Advance directives for dementia are an integral part of that plan.…

If you have been following the news, you may have heard about esteemed actor Bruce Willis’s dementia diagnosis. Dementia refers to a cluster of symptoms affecting memory, cognitive abilities, and socialization, drastically interfering with an individual’s daily life. The most common cause of dementia in elderly Americans is Alzheimer’s disease. Bruce Willis’s dementia diagnosis has…

Like many of today’s aging adults, you may be starting to look at long term care options for yourself or a loved one. This is especially true if you are considering the possibility of care in your home, an assisted living facility, or at a nursing home care. Unfortunately, relying on Medicare is not an…

Your last will and testament is a cornerstone of your complete estate plan. A well-executed will prevents unnecessary heartache for your loved ones after you’re gone. But what if situations change and you need to revoke your will and write a new one? Common reasons for revoking a will include major life events like marriage,…