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John W. Callinan Elder Law Attorney
36 followers -
New Jersey Certified Elder Law Attorneys
New Jersey Certified Elder Law Attorneys

36 followers
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The following is an excerpt from my book, New Jersey Elder Law: A Resource and Planning Guide. The book is published by ALM Media. ALM is the publisher of the New Jersey Law Journal¸ the leading New Jersey legal periodical. If I do say so myself, the book contains a great deal of information for those individuals who are generally interested in the articles that I write in this paper.
If you are interested in obtaining my book, you can contact the New Jersey Law Journal at 973-642-0075 or contact Doug Brown at dabrown@alm.com.
https://files.acrobat.com/a/preview/24d4e3b5-e97b-4881-9171-65bcf3b9dcf3
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The federal Medicaid Act is an extremely complex and elaborate Act. There are numerous quotes from federal courts describing the complexity of the law and the manner in which the law is frequently amended. In short, Medicaid is difficult to understand.
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A spendthrift is a trust designed to protect the assets of the trust from the creditors of the trust's beneficiary. From time-to-time, the beneficiary of an estate has problems with creditors.
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New Jersey is a state that is frequently one of the top five states for the number of residents who are millionaires, so there certainly are more people in New Jersey who have federal estate tax issues that in more of other states. With that said, for most elder law practitioners, a client with a gross estate that exceeds $5,340,000 is still a rare client.
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Whenever planning for the Medicaid eligibility of a married individual, the countable and non-countable resources of the couple get transferred into the name of the community spouse individually. The home, the car, the personal goods and household effects and the CSRA all get transferred into the name of the community spouse individually.
#medicaid   #medicaidplanning   #assets   #estateplanning   #elderlaw   #elderlawattorneynj  
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My book on NJ Elder Law, a reference and planning guide, is available for purchase. Learn more here: http://bit.ly/1Xdsh2O
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One of the most common clauses in a Will is the clause that waives the requirement that the executor post a probate bond to ensure his obligations. A probate bond is similar to a policy of insurance.
#probate   #probatebond   #willsandtrusts   #willwriting   #estateplanning   #njelderlaw   #njelderlawattorney  
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Beautiful old people are works of art.
#aging   #seniorliving   #seniors   #beauty   #elderly   #elderlaw   #njelderlawattorney   #eleanorroosevelt   #lifequotes  
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Trying to communicate with a person suffering from Alzheimer's can be very challenging. Here are some great tips on how to speak with them.
#alzheimer   #alzheimersawareness   #eldercare   #njelderlaw  
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