If you or a loved one is entering a long term care facility, you should be aware that the admission agreement may impose onerous obligations. Nursing home agreements may include liability waivers and binding arbitration clauses that limit your ability to sue if the nursing home injures you. Admission agreements may also include provisions that […]
The federal government will issue a new rule holding financial professionals who manage retirement accounts to a fiduciary standard. This means that advisers will have to put clients’ interests before their own. For example, if there were a choice between two identical funds, and one had a higher fee for the client and higher commission […]
New Jersey has laws meant to protect a person from becoming impoverished if his or her spouse is no longer in the picture. New Jersey’s elective share law protects a spouse from being disinherited when the other spouse dies. For example, imagine a man writes a will leaving his entire estate to his siblings and […]
Take care when signing a contract, and always know what you’re signing. That’s advice that leapt to mind when I read the recent New York Times article on a nursing home killing. According to the Times, an elderly woman in a nursing home was suffocated to death by her roommate, an elderly woman with mental health […]
As a parent or other loved one of a person with special needs you probably have heard of ABLE, but maybe you aren’t sure how it affects you. The ABLE (Achieving a Better Life Experience) Act passed Congress in 2014 while New Jersey enacted ABLE implementing legislation January 11, 2016. So, what does the ABLE […]
