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New Jersey Elder Law – Patel Law Offices

WEBConfused about Medicaid? You’re not alone! The complexity surrounding this constantly changing area of the law can sometimes feel overwhelming… it doesn’t need to be.

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URL: https://patellawoffices.com/wills-trusts-and-estate-planning/new-jersey-elder-law/

Living Wills in New Jersey – Tax, Estate Planning & Probate Law …

WEBLiving Wills in New Jersey . Anyone who cares about the feelings of their family members, or their own final health care treatment, should consider executing a Living Will.

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New Jersey Probate FAQ – Patel Law Offices

WEBA: Probate is designed to create a “final accounting” upon death. It is the legal process of “proving up” a Will, or verifying that a Will is valid, takes place in one of two instances. …

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Estate Planning When a Spouse is Confronting Health Issues …

WEBWhen one spouse is a resident of a nursing facility or medical institution (the “institutionalized spouse”), but the other spouse continues to live in the community (the …

Category: Medical Go Health

Avoid Medicaid Mistakes – Patel Law Offices

WEBHow To Avoid the Top TEN Medicaid MISTAKES/MYTHS. 1. Believing that Medicare or health care insurance pays for long-term assisted living or nursing home care.

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New Jersey Medicaid – Patel Law Offices

WEBElder Law and Medicaid Definitions Community Spouse: The spouse who does not need long-term or nursing home care. This spouse

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Contesting a Will: Protect Your Parents From Undue Influence

WEBContesting a Will: Protect Your Parents From Undue Influence. Ways to Avoid Will Contests and Estate Litigation . In our estate litigation practice, inquiries from persons …

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New Jersey Surrogate – Patel Law Offices

WEBTrust Administration & Probate. If your family has experienced the loss of a family member, our law firm can assist you with the legal process that occurs when a loved one passes …

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Estate Planning: More Than A Will

WEBBy Parag P. Patel, Esq. www.patellawoffices.com. During our lifetime, most of us strive to create and build upon our net worth. We generate savings, purchase a home, and …

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New Jersey Estate Planning – Patel Law Offices

WEBEstate planning is the creation of a definite plan for managing your wealth while you’re alive and distributing it after your death. These assets may be owned by you separately or …

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Adult Children Need Estate Planning Too – Tax, Estate Planning

WEBThe greatest fear for any parent is hearing that their child is having a medical emergency. Whether it be a car accident or a physical or mental catastrophe, the parents are …

Category: Medical Go Health

Supplemental Needs Trusts – Tax, Estate Planning & Probate Law …

WEBSupplemental Needs Trusts, also called a special needs trust, is a trust in the United States that is designed to provide benefits to, and protect the assets of, physically disabled or …

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Wills Trusts and Estate Planning – Patel Law Offices

WEBThe estate planning services provided include: Preparation of Last Will and Testament. Preparation of Trusts (including revocable trusts, special needs trusts, educational …

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Watch Out: The NJ Inheritance Tax

WEBWatch Out: The NJ Inheritance Tax. Date : 05-Apr-07. New Jersey imposes a transfer Inheritance Tax, at graduated rates, on property having a total value of $500 or more …

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Planning in the Time of Coronavirus – Tax, Estate Planning

WEBThe coronavirus is an illness that we cannot ignore. Older adults are especially vulnerable and those who have an underlying issue such as diabetes, heart disease, and …

Category: Coronavirus Go Health

Estate Planning Discussions: difficult, emotional and stressful

WEBThis discomfort, however, cannot compare to the financial pain felt by family members whose parents die without having implemented estate planning strategies.

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New Jersey Estate Administration – Patel Law Offices

WEBThings You Need To Do When a Loved One Passes. Away With a Trust Upon the death of a loved one, great emotional sadness sets in as family and friends support each other …

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The New Jersey Civil Union Act: Tax Benefits

WEBThe Act provides that the legal benefits, protections and responsibilities afforded spouses in heterosexual marriages be granted to spouses involved in civil unions with respect to …

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Permanent annual automatic extensions granted for FBARs to …

WEBThe Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced last week that, to implement the new due date for FinCEN Form 114, Report of Foreign …

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Is my trade or business a “Specified Service Trade or Business” and …

WEBInternal Revenue Code Section 199A was enacted as part of the 2017 Tax Cuts and Jobs Act (TCJA), and slightly modified in 2018. This provision provides a tax deduction of up …

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No Springing in Spring – Tax, Estate Planning & Probate Law Center

WEBYou may have heard of a “springing” powers of attorney (POA), which is a POA that “springs” into effect when you become incapacitated.

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