NEW FDIC RULES FOR LIVING TRUSTS The Federal Deposit Insurance Corporation, or FDIC, recently simplified its rules for living trust bank accounts....
Eldercare Lawyer Blog
Failing to Plan
People don't like to think about their being disabled. Because of this, a large percentage of our population has failed to put in place a plan that...
Estate Planning Basics: What You Need to Know
There has been a lot of talk lately about a repeal of the estate tax. President Bush has promised to repeal the "death tax," claiming that it taxes...
End of Year Gifting
THE SEASON OF GIVING The end of the year is coming quickly. At this time of the year, people often wonder whether or not they should give a monetary...
The Domestic Partnership Act and Estate Tax Differences
GAY COUPLES RECEIVE CLASS A STATUS Recently, Governor McGreevey signed the "Domestic Partnership Act." The stated purpose of the Act is to...
Does Your Child Suffer a Disability
Benefits for the Developmentally Disabled One of the miracles of life is that so many of us are born completely functional and healthy - so many of...
Do I Need an Elder Law Attorney? Do I Ever?
The first column I ever wrote for the Courier was entitled, Do I Need an Elder Law Attorney. The column was an example of shameless self-promotion....
Do I Need an Elder Law Attorney?
The practice of law is becoming highly specialized. The days of the general practitioner - an individual willing to take on any case no matter the...
Disabled Children Issues
CARING FOR A DISABLED CHILD, A LEGAL PERSPECTIVE Being a parent is a tough job. Being a parent of a disabled child is even tougher. Not only are...
Defining Disability
How would you define "disability"? For millions of Americans, the definition of this word is of vital importance. Unable to support themselves...
Credit Shelter Trust
THE BENEFITS OF TRUST In a previous article I discussed how Trusts work. As I mentioned in that article, while most of us have heard of a "trust...
Protecting Your Pet’s Future with a Pet Trust
TAKING CARE OF SKIPPY I'm crazy about dogs. A dog is a source of boundless affection and loyalty. If at the time of my death, I were to own a dog,...
Understanding Contracts to Make a Will
A person's Last Will and Testament is a product of that person's free will. In other words, the person who makes the Will voluntarily agrees to the...
Who Handles a Trust Can Matter More Than You Think
Selecting the right trustee is one of the most important decisions in trust planning. Many families must decide whether to appoint a corporate...
Drafting Your Own Legal Documents: Risks & Tips
The internet is making many people the master of all trades. When we have a pain, we instinctively google what type of disease or medical condition...
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Recent Posts
Is the Medicaid Process Fair?
Medicaid is a health payment plan for needy individuals. When a person enters a nursing home or assisted living residence, he is faced with a monthly cost of care bill that ranges anywhere from $6,000 to $14,000. Few people could afford to pay these costs for very...
How Much Tax Do I Owe?
“How much tax do I have to pay on my inheritance?” the client asked. The lawyer said, “It depends on what you inherited.” When a person, called the decedent, dies, all of his assets make up his estate. What assets comprise the estate are very important for purposes...
Can You Refuse an Inheritance
When a person dies, he leaves his property—called his “Estate”—behind to be distributed to certain people. Who those people are depends on various circumstances. Did the decedent have a spouse? Did he have a last will and testament? Did he die without a Will, or...
Can the Nursing Home Kick Dad to the Curb?
When a client of mine goes to live in a nursing home, his family members often have a great number of concerns. One of the most frequent concerns I hear is the fear that the nursing home will kick the client out of the nursing home for one reason or another. The...
Some Assumptions Don’t Hold Up Under Closer Review
There are several misconceptions that I hear from clients on a regular basis. I thought I would take the time to write about several of the misconceptions I hear from clients most often. “But won’t the nursing home take my parents’ home?” Clients believe that once...
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Sea Girt (732) 974-8898 Middletown (732) 706-8008