Many people believe a simple will is all they need to handle their estate, especially when their assets seem straightforward. However, even basic...
Eldercare Lawyer Blog
How Do I Apply for Medicaid Benefits in New Jersey?
Medicaid is a federal and state health payment plan for needy individuals. If an individual qualifies for Medicaid benefits, Medicaid will pay for...
Who Is a Typical Medicaid Planning Client
How does a person qualify for Medicaid benefits? The answer to this question varies depending on the person’s individual circumstances; however, a...
Modifying a Trust
People often use trusts in their estate plan. But what if a trust is established and circumstances change. Can a trust be modified to conform to...
Should I Name a Beneficiary
Many people are told that they should designate a beneficiary on their account. Their account might be a 401(k) account, an individual...
What Is PEME?
Medicaid is a government health payment plan for needy individuals. If an individual qualifies for Medicaid benefits, Medicaid will pay for many of...
Prepaid Funerals and Medicaid
Many of my clients seek to qualify for Medicaid benefits. Medicaid is a federal and state government health plan for needy individuals. There are...
The Medicaid Premium
Medicaid is a health payment plan for needy individuals. In order to qualify for Medicaid benefits, an individual must have limited assets and...
The Season of Giving: Estate Planning Tips
The end of another year is upon us. As with each year, this year ends with the holiday of giving, Christmas, and so our minds turn to gifting. The...
Debts of the Estate
Being an executor of a decedent’s estate can be daunting and intimidating. As an executor, you are handling the affairs of someone else (the person...
Planning for a Disabled Loved One
What is the difference between a special needs trust and a supplemental benefits trust? If you have a family member who suffers from a disability,...
Your Rights in a Nursing Home
Last week, I described the different long-term care facilities. There are three primary long-term care facilities: assisted living residences,...
What Are My Rights
There are several common facts that people should know about long term care facilities. Long term care facilities come in different varieties. ...
Beware of Your Own Generosity
Few issues prompt more questions to me than the concept of gifting. In my experience, when it comes to gifts, people tend to focus on the...
My Mother Passed Away
This past week, my mother passed away. She was 93 years old—three weeks shy of 94. For the last six years of her life, my mother resided in a...
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Recent Posts
Building Flexibility Into Your Trust
In my practice, there are a number of reasons why a client may use a trust. A trust is a fiduciary relationship in which one person, the trustee, holds property for another person, the beneficiary, according to the terms that the individual who established the trust,...
Is the Homestead Rebate Worth Worrying About?
A large portion of my practice involves qualifying clients for Medicaid benefits. Medicaid is a health payment plan for needy individuals. Medicaid is a federal and state program, with both governmental entities contributing to the costs associated with the program....
Can Someone Steal My House?
In my practice, I draft a lot of deeds for clients’ houses. I am often transferring the client’s house into an irrevocable trust or gifting the house outright to the client’s children in order to transfer the house out of the client’s name and start the clock ticking...
What Does It Cost To Maintain a Trust?
When I draft a trust for a client, which is often, one of the questions I frequently receive from a client is—How much will it cost me or my children to maintain the trust? From a practical standpoint, in most instances, the answer is very little. A trust is a...
A Long-Used Strategy No Longer Works the Same Way
One of the biggest changes in the area of estate planning just occurred, the death of the stretch IRA and minimum required distribution rules (MRD) for most beneficiaries. A stretch IRA is not an actual IRA, it’s a concept concerning an IRA (or 401(k), 403(b), 457,...
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To schedule a consultation with the Law Offices of John W. Callinan, call our office closest to you:
Sea Girt (732) 974-8898 Middletown (732) 706-8008