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Elder Care Law
In this final article of this
series, we will discuss income
taxes and capital gain taxes.
In this article, I’ll focus
on the Federal Gift Tax
and the New Jersey
Inheritance Tax.
Long-term care is
very expensive,
actually much more
costly than paying for
the most expensive
Ivy League College.
Ask anyone who is
paying for Nursing
Home, Assisted Living
or live-in care.
“
In this world
nothing can be
said to be
certain,
except death
and taxes.”
Even if it might do no
good, a living Trust will
do no harm.
Elder Law is a sub-specialty
within the practice of law.
Until the early 1990’s, this area
of practice was more generally
known as “Estate Planning,”
which is one of the core subjects
taught to first year law students.
A Elder Law is a sub-specialty
within the practice of law.
Until the early 1990’s, this area
of practice was more generally
known as “Estate Planning,”
which is one of the core subjects
taught to first year law students.
If a Will is properly executed and has two Witnesses and a Notary, the Will can be admitted to probate by the Surrogate’s Office of the County in which the deceased resided.
In New Jersey, the probate of a Will and the appointment of an Executor is most commonly not a formal procedure.
CareOne at Jackson is a leading provider of post acute care and Long
Term Living, and is committed to providing quality rehabilitative
programs designed to maximize wellness and independence.
