Donald Dennison, Esq. Discusses Asset Protection from Nursing Home Costs in NJMoneyHelp.com Interview
January 29, 2024
“Transfers of assets into trust are typically considered gifts, therefore, this type of planning is usually done well in advance of someone needing Medicaid services.” Elder Law attorney Donald A. Dennison, Esq. from Mandelbaum Barrett PC shared insights in a recent interview with NJMoneyHelp.com. Delving into the question of whether a trust safeguards assets from […]
Protecting New Jersey’s Nursing Home Residents from Questionable (and potentially illegal) Nursing Home Practices
July 14, 2023
The Office of the New Jersey Long Term Care Ombudsman (NJLTCO) was established under the federal Older Americans Act (1965) and exists to advocate for residents of New Jersey’s 350+ nursing homes and other long-term care facilities. The NJLCTO Office is responsible for investigating complaints of nursing home-related abuse, neglect, financial exploitation and harassment, among […]
How Much Long-Term Care Insurance Should You Purchase?
October 12, 2022
Long-term care insurance helps you prepare for financial costs associated with aging, such as nursing home care, assisted living, or in-home care. Yet long-term care insurance policies vary widely in terms of the amount of coverage and how long the protection lasts. The Average Costs of Care The 2021 Genworth cost of long-term care survey provides national […]
Filial Responsibility: Requiring Adult Children to Pay for Aging Parents’ Care
July 6, 2022
Did you know that in many states you could be responsible for your parents’ unpaid medical bills? In fact, more than half of all states currently have laws making adult children financially responsible for their parents, including their parents’ long-term care costs. However, these laws are rarely enforced. Notably, New Jersey does not have filial […]