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. […]
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 […]
Q. I have questions about the New Jersey inheritance tax. Is there any exemption for children or grandchildren, and if there is, is it per person and must they be residents of New Jersey? My daughter and granddaughter live in New Jersey, but my son lives in Pennsylvania and his […]
Q. My elderly neighbor just told me he has added me to his will. I help him around his property sometimes and with shopping. His adult children live far away. I’m nervous that they will think I made him change his will. What can I do to protect myself from […]
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