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Showing posts from August, 2018

Why You Need to Hire a Special Needs Lawyer in NJ When Creating a Special Needs Trust

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A sibling reports that her brother has down syndrome, a developmental disability, lives in a group home, and is currently working in a low-paying job. Their parents are deceased and never set up anything to help the son financially. The sister wants to help him but does not know how. For more information click here. child custody attorneys near me , estate planning attorney near me The above referenced scenario is how many consultations about special needs trusts begin when a special needs lawyer in NJ meets with a client for the first time. A close family member meets with a special needs lawyer and seeks advice on how to help the disabled family member financially. Oftentimes, individuals like the sister mentioned above have never heard of the term ‘special needs trust,’ but it is a special needs trust that the brother needs. F or more information click here. estate planning attorney new jersey , estate planning lawyer NJ Eligibility for Programs that Assist Disabled Peopl

Medicaid Planning for Single or Widowed People

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There are many ways assets can be protected for the spouse of a nursing home resident when applying for Medicaid benefits. When it comes to a widowed person or an individual single person who never married, without a spouse to give assets to under the spousal protection rules, can anything be done to protect assets? The short answer is yes. There are several ways to avoid spending everything down for the purpose of receiving nursing home care when planning long-term health care through Medicaid. For more information click here. elder care attorney nj , elder care lawyers in nj Options are available to individuals planning their long-term health care. They include exempt transfers, purchase exempt assets, and gifting. For a discussion of all available options, call New Jersey Elder Law Attorney at (201) 690-1642 For more information click here. elder law new jersey , elder law attorney new jersey What is Gifting? Gifting is a present or something given willingly to someo