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Long-Term Planning

Category: Long-Term Planning

Medicaid Estate Recovery: What Families Need to Know

What is Medicaid Estate Recovery? Under federal and New Jersey law, the Division of Medical Assistance and Health Services (DMAHS) is required to recover funds from the estates of some deceased Medicaid beneficiaries.  For individuals aged 55 or older, states

Empowering the Future: Special Needs Planning in New Jersey

Families in New Jersey who have a loved one with special needs often face unique and complex challenges. Balancing the immediate and long-term needs of a family member with a disability can be daunting, both emotionally and financially. However, with

Navigating Estate Planning After a Cancer Diagnosis in New Jersey: Essential Considerations

Receiving a cancer diagnosis is a life-altering event that brings a wave of emotions and challenges. Amidst the medical concerns, it’s crucial to address practical matters like estate planning. In New Jersey, individuals facing cancer can take proactive steps to

Navigating Elder Care Planning in New Jersey: Addressing Concerns as Our Parents Age

As our parents enter their golden years, it becomes increasingly important to plan for their elder care needs. New Jersey, like many states, offers a range of resources and services to support families in this process. However, there are specific

Medicaid Pitfalls

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

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

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