AND THE SURVEY SAYS … RICH PEOPLE DON'T PLAN FOR MEDICAID Critics of Medicaid planning claim that lawyers are making rich people eligible for a...
Eldercare Lawyer Blog
Medicaid Planning for the Rich
MEDICAID PLANNING FOR THE RICH The problem with lawyers is, they make their rich clients artificially poor so they can qualify for Medicaid and get...
Medicaid Perils: What You Need to Know
THERE'S NOTHING TO IT. HAND ME THE HAMMER. Almost every day, a potential client comes to my office and asks how he can transfer his assets to his...
Medicaid Benefits Misconceptions
AN OLDIE BUT A GOODIE In recent columns, I've written about fairly recent developments in the field of elder law - court decisions that strength,...
Medicaid and Community Care
I WANT TO STAY IN MY HOME NO MATTER WHAT I have yet to meet a person who told me that they wanted to live in a nursing home. In fact, very few...
Medicaid After Death of a Spouse
CONTINUING MEDICAID ELIGIBILITY AFTER THE DEATH OF A SPOUSE Many of my clients who are seeking to qualify for Medicaid are married. One spouse is in...
Medicaid’s Economic Impact Reaches Far Beyond Healthcare
MEDICAID: A BOON FOR THE POOR AND THE ECONOMY It's odd, but true. Sometimes, you need to spend money to make money. And, when you can get someone...
Looking for the Magic Pill
LOOKING FOR THE MAGIC PILL, AT A GOOD PRICE Older people must be on drugs. Expensive ones. Congress is debating whether or not to add a prescription...
Long Term Care
SURVIVING THE COST OF LONG TERM CARE Our population is rapidly aging. By the year 2030, the percentage of individuals over the age of 65 will...
Long Term Care Insurance
LONG-TERM CARE INSURANCE Have you ever been contacted by someone selling long-term care insurance? If you were interested and investigate it...
What a Life Estate Really Means for Your Home and Your Heirs
LONG TERM CARE AND THE HOME One of the assets most dear to a person's heart is their home. This is particularly true for older individuals, many of...
A Supreme Court Case With Consequences Beyond One Family
THE ELDERLY SCORE BIG-TIME IN COURT I barely want to say it out loud, but if you've noticed, my recent columns have been about court victories for...
Joint Bank Accounts and Medicaid: What You Need to Know
WHOSE MONEY IS IT ANYWAY? "My mother has a CD worth about $50,000 and a checking account with $22,000 in it. But the checking account is in my name,...
Jersey Assistance for Community Care Giving
YOU DON'T KNOW "JACK" People are living longer. That's a good thing. There is a higher level and far better quality of care being provided to our...
Are CDs Still a Good Investment?
HIGHER INTEREST DOESN'T ALWAYS MEAN A BETTER INVESTMENT I'm a lawyer. I don't give investment advice. Giving investment advice seems to me to be...
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Recent Posts
How To Draft a Power of Attorney
A financial power of attorney document could be the most important estate planning document that you have drafted for yourself. Without a power of attorney, no one—not your spouse, not your children—can make financial decisions for you. Some people try and work...
How Much Will I Owe in Death Taxes
Taxes. No one wants to pay taxes. One type of tax that raises a particular amount of ire in people is “death tax”—estate tax, inheritance tax, and, and their lifetime cousin, gift tax. What are the chances you (or your estate) will have to pay any of these taxes? In...
Choosing a Trustee Is More Important Than Most People Realize
Over the years in my law practice, I have found that there are a number of reasons why a client will establish a trust. The client may have minor child, a disabled child, a child who has troubles with drugs or alcohol, or a child who simply cannot handle his...
Should I Apply for Medicaid?
When mom (or dad) needs care in a nursing home, should she apply for Medicaid benefits? There are many factors that go into this answer; there is no one-size-fits-all answer. Long-term care can last a long-time. That fact is right in its name, long-term care. And...
Before You Make a Tax-Free Gift, Read This
How much can I gift to my children without paying tax? This is a question my clients have been asking me since I opened my practice. Most of my clients have an estate worth between $100,000 and $800,000 including life insurance, their house, and their retirement...
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