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Long-Term Planning

Category: Long-Term Planning

Medicaid Penalty Divisor Increases

The New Jersey Medicaid Penalty Divisor increased from $357.67 to $361.20. Why is this important to families who are applying for Medicaid now or who may apply in the next five years? First, we must answer the question: What is

Trusted Advisor

As many of you know, NJELC at Goldberg Law Group is a full service elder law firm. But did you also know that we are just as passionate about estate planning for people 18-110? While we talk a lot about

Spending Time with your Elderly Loved One During the Holidays Brings to Light that You May Need an Elder Law Attorney or a Geriatric Care Manager

The holidays are a time that we can spend quality time with our loved ones that we may not get to see at other times of the year.   Due to COVID this year, spending time with our loved ones was twice as hard to

Curbside Pickup . . . At your Curbside!

A potential resurgence of the COVID-19 virus has us all concerned, so I want our clients and professional resources to find comfort in the fact that NJ Elder Law Center at Goldberg Law Group is prepared.  No matter the status

“Funding” is an Important Part of Long-Term Care Planning.

“Funding a trust” refers to the action of taking an asset in an individual’s name and moving it into a revocable or irrevocable trust.  When planning for long-term care, funding an irrevocable trust is a crucial part of the asset

Can You Get Penalized by Medicaid For Normal Expenses?

medicaid penalties in new jersey

People are often surprised to learn that Medicaid imposes a penalty period for assets transferred in the five years immediately preceding the date of the Medicaid application. A penalty period is defined as a period of time that a person

When is the right time to plan for a long term care need?

One thing is certain, the right time to plan is not when the elder law attorney thinks it’s a good time to make a sale of his services! At NJELC at Goldberg Law Group, we are asked this question often

Can a Senior Stay at Home Too Long?

can a senior citizen stay at home too long

One of our roles at New Jersey Elder Law Center is to provide solutions to our clients that will allow them to take advantage of all options available to them.  Sometimes correct advice is counter-intuitive and causes family members to

Which Power of Attorney Do I Need?

Power of Attorney

When creating an estate plan, it is important to designate an Agent for your Power of Attorney. This is someone you trust to make decisions for you should you become incapacitated and are unable to make decisions in the future, related to your finances, health care, estate, or other matters.

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Building the Right Elder Care Team

elder care team

Creating a care plan for your elderly loved one is not an easy process. However, with the right team of friends, family members, and professionals in place, they will receive the best, most comprehensive care possible.

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