For a while now, New Jersey estate planners have been playing a guessing game. Guessing whether New Jersey will bring back the estate tax. The estate tax is a tax that your estate pays when you pass away. In the past, anyone who died in New Jersey and left behind an estate valued at more […]
A special needs trust is important if you have a child or grandchild, or another person in your life, with disabilities who you want to leave property to when you pass away. A lot of people with disabilities receive disability benefits, which are often valuable and important. Some of these disability benefits programs are means-tested, […]
Everyone should have a will. It’s the most basic component of an estate plan. In it, you set forth your directions on how your property should be distributed after you die, who should manage your affairs, who should take care of your children, etc. However, in some cases your will does not cover all of […]
We get asked this question a lot. And the answer is maybe. New Jersey Medicaid can pay for home health aides to come to your home and provide care to you. However, there are two caveats to that. First, you may not get as many hours of home health care as you think you need. […]
What a difference a few months can make! On November 21, 2017, Mark Friedman, Esq. wrote a blog entry explaining that the then tax reform bill would eliminate the deduction for medical expenses creating major issues for many people. As Mark noted, “That’s a big deal for people in nursing homes, especially people in nursing […]
