Monthly Archives: September 2024
Nursing Home Care in New Jersey is Extremely Expensive: Protect Your Family’s Finances By Planning Ahead
A private room in a nursing home in New Jersey can cost more than $10,000 per month. It is an astronomical figure that can put a tremendous financial strain on families. Even a seemingly short long-term care need can quickly start to eat away a person’s life savings—and the public support options are somewhat… Read More »
My Elderly Parent Does Not Have an Estate Plan—What Should We Do Now?
Unfortunately, many older adults lack a comprehensive estate plan. The AARP reports that 60 percent of adults and 30 percent of adults over 60 do not even have a will. If your elderly parent does not have an estate plan, it is imperative that you take action. It may not be too late to… Read More »
Is it Possible to Disinherit a Child in New Jersey?
Every adult in New Jersey should have a comprehensive estate plan in place. For parents, making plans for children—even if those children are now adults—is a key part of the estate planning process. Children are presumptively heirs in New Jersey. With that being said, you do have the right to disinherit a child. Within… Read More »
Four Tips to Reduce the Risk of Elder Abuse
Unfortunately, elder abuse remains a serious problem. The National Council on Aging (NCOA) estimates that one in ten seniors are affected. There are proactive measures that your family can take to protect your elderly parents and other vulnerable loved ones. At Poulos LoPiccolo PC, we have extensive elder law experience. Here, our Monmouth County… Read More »
