Proper Planning Requires A Good Balancing Act
Using this holistic approach, for example, we will address general estate planning issues and will counsel clients about planning for incapacity with alternative decision-making documents. We will also assist clients in planning for possible long-term care needs, including nursing home care. Locating the appropriate type of care, coordinating private and public resources to finance the cost of care, and working to ensure the client’s right to quality care are all part of our Elder Law practice.
Legal problems that affect the elderly are growing in number. Our laws and regulations are becoming more complex. Actions taken by older people with regard to a single matter may have unintended legal effects. As attornies dealing with the elderly, we have a broad understanding of the laws that may have an impact on a given situation, to avoid future problems.
Our Elder Law practice encompasses many different fields of law. Some of these include:
- Preservation/transfer of assets seeking to avoid spousal impoverishment when a spouse enters a nursing home.
- Conservatorships and guardianships.
- Estate planning, including planning for the management of one’s estate during life and its disposition on death through the use of trusts, wills and other planning documents.
- Probate Law and Estate Administration.
- Administration and management of trusts.
- Our focus is to fully inform his clients in all of these areas of the law and make them confident and comfortable when dealing with elder law issues and concerns.
More Information on Elder Law from Askin & Hooker:
“I don’t have enough money to worry about estate planning!” This is one of the most common statements we hear from clients in the Sussex County community regarding creating Wills, Trusts, and an Estate Plan. The truth is, any ownership of a sizeable asset - a house,...
If you are approaching age 65, you have likely already started receiving information on Medicare and the many products that can supplement what Medicare doesn't cover or pay. If you are like most people, you are confused about which direction to go and how...
In meeting with clients and discussing Estate Planning and Elder Law issues, the topic of Social Security often arises. When can/should I retire? When can/should I file for social security benefits? I have recently done some research for a client looking into this...
There are newly enacted changes to New Jersey’s Medicaid program, specifically with regard to the income cap. New Jersey’s Medically Needy program will be terminated. Anyone currently in the Medically Needy program will remain unaffected by the changes but if they...