Why My Money is Really Our Money – Part 1

       When discussing Medicaid I find that many people understand the asset limit – that one can have no more than $2000 in assets to qualify for Medicaid. What many misunderstand, however, is the asset limitation for married couples. A common response especially from the healthy spouse in a second marriage when I […]

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New Jersey Aid in Dying Act – Part 3

       In this week’s blog post I continue to breakdown New Jersey’s Aid in Dying Act.  The new law requires the medical profession to be very involved in implementing the law and complying with its requirements.  The attending physician must inform the patient of his/her diagnosis, prognosis, the risks of taking the medication […]

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New Jersey Aid in Dying Act (Part 2)

       Last week I told you about the new law that will become effective August 1 which permits certain New Jersey residents under certain circumstances to end their own lives. This week we’ll look at the law’s specific and very detailed requirements.        The law permits a terminally ill patient to […]

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New Jersey Passes Assisted Suicide Law – Part 1

       You might have missed it but in April, Governor Phil Murphy signed a bill making New Jersey the 8th state in the country to enact an assisted suicide bill. The other states that have such bills are California, Colorado, Hawaii, Montana, Oregon, Vermont, and Washington. The law becomes effective August 1, 2019. […]

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Not as Much Time as You Think (Part 3)

                A few weeks back I wrote about Mary’s call to our office regarding her dad who wanted to make a change to his will.  He wanted to leave his home to Mary and everything else split equally between Mary and her sister Kate (See 5/20/19 and 5/27/19 posts.)  Dad, however, died before he could […]

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The Dreaded Diagnosis – Part 2

       In my blog post last week I was discussing the answer to the question “when is the right time to plan for long term care.”  I also noted that we are seeing more people dealing with long term care at a younger age, often in their 50’s and 60’s – and sometimes […]

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The Dreaded Diagnosis – Part 1

       In this week’s blog post I want to revisit a question that I am asked often when I tell people what I do.  They ask, “when is the right time to plan for the possible need for long term care?”  For most people I think the optimum time is when they are […]

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Not as Much Time as You Think (Part 2)

       In last week’s blog post I started to tell you about Mary’s call to our office. She reached out because her dad, who was in the hospital, wanted to make a change to his will to leave his home to Mary. It’s something he had told her he would do several years […]

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Not as Much Time as You Think (Part 1)

                A part of what we do as elder law attorneys involves drafting the essential legal documents that will help clients set forth clearly their wishes and help family members assist them in accomplishing their goals.  This usually includes a power of attorney, health care directive, last will and testament and in some cases trusts. […]

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Required Minimum Distributions – Part 2

                In last week’s blog post I covered the basics of how required minimum distribution (RMD) rules work for IRAs and other tax deferred retirement accounts.  To summarize you must take out a minimum amount from your account each year.  That’s RMD and it starts in the year you turn age 70 and ½.                 […]

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