Negative Inheritance
A term that has come into increasing usage is "negative inheritance". It describes the situation where an adult child, rather than receiving an inheritance when a parent dies, instead spends his/her own money to cover the parent's long term care needs because the parent has run out of money. It
Elder Law Today Podcast #3 Live Call in
In the third installment of his podcast, Elder Law Today, Yale Hauptman, a practicing New Jersey elder law attorney, answers listenersâ questions by phone and email. Yale corrects common misconceptions people have about some of the basic legal issues facing seniors today. For example, Yale explains that making