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Any person who has paid into Social Security for at least 10 years qualifies for its benefits. But, what are the options to claim and receive them?
The stages of dementia are fluid. A person may exhibit all or some symptoms. It does not necessarily mean that he/she is incapacitated and needs a guardian.
In 2014, President Obama signed into law The Stephen Beck, Jr., Achieving a Better Life Experience Act (ABLE Act). In January 2016, NJ enacted its version.
In the context of someone who has died, control over his/her digital assets becomes very important. These items may prove useful to the fiduciary.
Medicaid allows asset transfers in some circumstances. If a transfer meets one of these exceptions, it would not affect the eligibility of the applicant.
To qualify, an applicant must meet certain criteria established by Medicaid for income and assets as set forth under New Jersey's administrative regulations.
Unfortunately, we all hear stories about the elderly becoming targets of financial, physical or emotional abuse or neglect. This a growing problem.