Q. I have a question about what constitutes the hard limit of $100,000 of income for the retiree pension exclusion. If my wife and I have a combined income of $120,000 before deductions, but can legitimately deduct $28,000 due to large medical bills and health insurance premiums paid out of […]
Q. When Medicaid looks at assets, is a life insurance policy considered an asset? A. You must meet certain financial requirements in order to qualify for Medicaid. Life insurance is one of those assets that people often fail to realize needs to be part of the calculation, said Gary R. […]
Q. Without long-term care insurance, in addition to potentially depleting one’s savings, are other assets, like one’s home, also at risk should funds be needed to pay for long-term care? A. Too many people don’t consider the cost of long-term care until it’s too late. This kind of care can cost more […]
Outgoing New Jersey governor Chris Christie recently reappointed Einhorn Barbarito Partner, Gary R. Botwinick to the New Jersey-Israel Commission for a two-year term that will end on Feb. 1, 2019. The New Jersey-Israel Commission was established in 1989 to implement the goals of the “Sister State Agreement”: to promote the […]
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