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Financing Long-Term Care in New Jersey – Begley Report

By: Thomas D. Begley, Jr., Esquire, CELA Statistics show that approximately 70% of the population age 65 or over will require some form of long-term care.  Some will be there for relatively short periods of time.  These are usually stroke or accident victims or surgery patients who are doing rehabilitation.  A significant percentage will remain…

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“I Want to Protect My Home”

By Marianne Johnston, Esq. Those are the first words out of the mouths of many of our clients when we discuss long-term care planning.  The value of the primary residence is often a substantial portion of a person or couple’s worth.  Parents wish to preserve the value of that asset for their children. There are…

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Protecting The Home: Using Trusts To Protect Your Home From The Costs Of Long-Term Care – Begley Report

by Thomas D. Begley, Jr., Esquire, CELA INTRODUCTION Studies show that 43% of Americans will spend some time in a nursing home.  Seventy percent will require some form of long-term care be it nursing home, assisted living or home care.  The cost of this care can range from $28 – $30 per hour or more…

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SPECIAL PROBLEMS AFFECTING THE ELDERLY – PART 2

by Thomas D. Begley, Jr., CELA This article continues the discussion of special problems for the elderly.  (Here is a link to Part 1.) Long-Term Care. About 70% of Americans will require some form of long-term care be it home care at $28 to $30 per hour, assisted living at $6,000 to $12,000 per month,…

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