Month: January 2018

January 30, 2018 robert slutsky

A recent New Jersey appeals court case demonstrates how important it is for families to come up with a long term care plan before an emergency happens. The case involves two brothers who got into a fight over whether to place their mother in a nursing home.¬† Sadly, this dispute resulted in one brother filing…

January 23, 2018 robert slutsky

Difficult Assets in Estates or Guardianships Oftentimes when I am assisting a family in estates or with guardianships I often find that the decedent/incapacitated person owned unique or troublesome assets.   Difficult Assets in Estates or Guardianship¬†Include: Timeshares: These are almost impossible to sell once they are issued. If they are premier companies with premier…

January 15, 2018 robert slutsky

What is a Special Needs Trust? A Special Needs Trust is a trust, authorized under federal law, that holds the funds of a disabled beneficiary and allows the beneficiary to qualify for means tested public benefits like Medicaid and Supplemental Security Income (SSI). Were those same assets owned directly by the disabled person, they would…

January 10, 2018 robert slutsky

Understand Decisional Capacity: Be aware that capacity is not an all-or-nothing thing. A family member may have some capacities at some times but are gradually losing others. Financial capacity and financial judgment often decline before other functions. So it is important to get help to evaluate capacity. It will help give you a clearer picture…

January 2, 2018 robert slutsky

Slutsky Elder Law Presents Guest Contributors: Middle-aged Adults are Sandwiched in Between Aging Parents and Kids America is faced with an aging population and a generation of adults who may need to take care of their parents, while caring for the children and young adults in their household. Demands on the sandwichers are increasing as…