Elder and Disability Law News for January 2022 from the Law Office of Donald D. Vanarelli
For additional information concerning NJ elder law and special needs planning visit: NJ Elder Law and Estate Planning Services read more →
The maximum amount that can be contributed each year to an ABLE account for a person with disabilities rose $1,000 to $16,000 on January 1, 2022. The figure, which is tied to the inflation-adjusted value of the IRS’s gift tax exclusion, had been stuck at $15,000 since 2018. Meanwhile, all but four states now offer ABLE programs. Congress.. read more →
2022 Elder Law Fact Sheet
Every year we release the key dollar amounts that are frequently used in elder law, estate administration and special needs trust planning, including Medicaid figures, Medicare premiums, Social Security Disability and Supplemental Security Income. Be sure to check back often, as we will add any information that has not yet been released and update the.. read more →
For additional information concerning NJ elder law and special needs planning visit: NJ Elder Law and Estate Planning Services read more →
Being able to make health care decisions for ourselves is very important, but what happens if you become incapacitated and are unable to voice an opinion concerning your medical care? If you don’t have a health care proxy or guardian in place, state law chooses who can make those decisions. A few states, such as.. read more →
Donald D. Vanarelli, Esq. to Present on “End-of-Life” Issues at the 2021 Elder Law College–Second Semester
2021 Elder Law College–Second Semester Format/Skill Level: Webinar Location: Online Date: December 1, 2021 Time: 9:00 AM – 4:00 PM ET Donald D. Vanarelli, Esq. (http://VanarelliLaw.com/) will present at the 2021 Elder Law College–Second Semester given by the New Jersey Institute for Continuing Legal Education on December 1, 2021 via ZOOM videoconference webinar. Mr. Vanarelli.. read more →
Today, the IRS announced that the annual gift exclusion will rise to $16,000 for calendar year 2022. The amount an individual can gift to any person without filing a gift tax return has remained at $15,000 since 2018. In addition, the basic estate tax exclusion amount for the estates of decedents dying during calendar year.. read more →
For additional information concerning guardianships and fiduciary services, visit: NJ Guardianship and Fiduciary Services read more →
Long-term care comes at a tremendous financial price, especially around-the-clock nursing home care. The cost of a private room in a nursing home in New Jersey is at least $12,000 per month, and may be more. Most people end up paying for long-term care and/or nursing home care out of their savings until they spend.. read more →
Elder and Disability Law News for October 2021 from Law Offices of Donald D. Vanarelli
For additional information concerning New Jersey elder law, visit: NJ Elder Law and Estate Planning Services For additional information concerning mediation and conflict resolution, visit: Resolving Conflicts Through Collaborative Law read more →
Ralph Sandor died on January 20, 2018, at the age of 107. The Court appointed an Administrator Pendente Lite of the decedent’s estate (the “Administrator”). The Administrator filed an action seeking to set-aside gifts made by decedent’s grand-nephew, Anthony Russo, Jr. (“Russo”), by and through a power of attorney. The Administrator alleged that the transfers.. read more →
New Jersey appeals court affirmed denial of Medicaid application for failure to verify recurring bank transactions on applicant’s bank statements even though the transactions may have been part of a scam. G.M. v. Division of Medical Assistance and Health Services (N.J. Super. Ct., App. Div., No. A-0433-19, June 16, 2021). G.M. was eighty-three years old, suffered.. read more →
For additional information concerning NJ elder law and special needs planning visit: NJ Elder Law and Estate Planning Services read more →
The decedent and his wife had no children, and were close to the wife’s family. The decedent’s wife had predeceased him, and had left him her entire estate. In his Last Will and Testament, the decedent directed that his wife’s relatives were to receive “the total sum of moneys” that he had received from his.. read more →
Guardianships and Medicaid Planning – Video 3 On June 15, 2021, I participated in the 2021 Elder Law College given by the New Jersey Institute for Continuing Legal Education via ZOOM videoconference webinar. I presented a paper and discussed Medicaid planning in the contest of guardianships in New Jersey. Medicaid planning involves the strategic transfer.. read more →
Guardianships and Medicaid Planning – Video 1 On June 15, 2021, I participated in the 2021 Elder Law College given by the New Jersey Institute for Continuing Legal Education via ZOOM videoconference webinar. I presented a paper and discussed Medicaid planning in the contest of guardianships in New Jersey. Medicaid planning involves the strategic transfer.. read more →
Elder and Disability Law News for June 2021 from the Law Office of Donald D. Vanarelli
For additional information concerning elder abuse actions, visit: Will Contests, Probate Litigation and Elder Abuse Actions For additional information concerning estate planning and administration, visit: Estate Planning and Administration read more →
A few months prior to his death in 2008, the decedent executed a codicil to his will, in which he appointed the defendant as executor of his estate, and included the defendant as a beneficiary. The defendant-executor was a relative of the decedent, and a New Jersey attorney. In 2011, a beneficiary of the estate.. read more →
Annie Rost died in 2018, leaving four surviving children. Her Last Will and Testament left her sizeable estate to her four children and to various charities. It also contained an “in terrorem” provision that excluded any beneficiary from a share of the estate if they contested the will: Any beneficiary under this, my Will, who.. read more →
Special Needs Planning News for June 2021 from the Law Offices of Donald D. Vanarelli
For additional information concerning NJ elder law and special needs planning visit: NJ Elder Law and Estate Planning Services read more →
No, it’s not a topic you usually talk about. Death is not a topic most people want to discuss, but funerals, cremations, and end-of-life medical costs today are surprisingly expensive and can result in a large bill for survivors. Thanks to the researchers at Self. Inc., we have data about the average cost of dying.. read more →
The Internal Revenue Service (IRS) has announced that the tax deduction for medical expenses includes amounts spent on face masks, hand sanitizer, sanitizing wipes and related equipment, as long as the primary purpose for the purchase was to prevent the spread of COVID-19. Specially, the IRS announcement states that: [A]mounts paid for personal protective equipment,.. read more →
For additional information concerning Medicaid and public benefits planning, visit: NJ Medicaid and Public Benefits Planning read more →
For additional information concerning special needs trusts and disability planning, visit: NJ Special Needs Trusts and Disability Planning read more →
Top Ten Most Popular Blog Posts on the VanarelliLaw Blog in 2020
Listed below are the top ten (10) thirteen (13) posts on the Vanarelli Law Office blog with the highest readership in 2020, as measured by the number of “unique page views” of each blog post. The title of each article is hyperlinked to the original posting on the blog so that each article is accessible.. read more →
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