Below is a list of a few Medicaid pitfalls: Paying for care without proper documentation As our loved ones age, we begin to realize that they need help at home. There are over one thousand home care agencies in New…
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?
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?
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?
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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