One of 38 Certified
Elder Law Attorneys in New Jersey
Call Us at (856) 435-0620
64 Warwick Road
Stratford, NJ 08084

Asset Protection & Estate Planning

Prevent financial difficulties in your senior years with asset protection and estate planning from our office in Stratford, New Jersey. At the Law Office of Donald B. Mark, elder law is our sole concentration. Let us provide you with guidance based on your specific needs.
Lawyer, Elder Law Attorney in Stratford, NJ
Legal Advice for Protecting Assets From the Cost of Long-Term Care
Nursing homes cost more than $100,000 a year but Medicare may only pay part of the first 100 days. Once all assets are gone, Medicaid will cover the cost. We help families protect their assets from this catastrophic cost of long-term care.
Medicaid Estate Planning
Working with our clients, we help them prepare strategies for asset protection. There are legal planning techniques that are available to preserve assets. These include the transfer of assets, irrevocable supplemental needs trust, special needs trust, application of the spousal impoverishment provisions of federal law, annuities pursuant to the Deficit Reduction Act of 2005, life estate transactions and devising cuttin-edge planning techniques based on federal and state laws.
Prepare Estate Planning Documents
Make your final wishes a matter of legal record with assistance from the Law Office of Donald B. Mark. Mr. Mark prepares wills, trusts, power of attorney documents, and living wills. Last Will and Testament allows for distribution of your assets to specific individuals. Otherwise, if you have no Will, then New Jersey's intestate statute will control the disposition of your estate. Your Will can include special provisions for your children, disabled beneficiaries, pets, trusts for children and heirs, and terms that protect your estate from a Medicaid lien.
We also prepare trusts that help protect the estate from inheritance and estate taxes. Preparation of special needs trusts for disabled individuals is also available.
One of the most important documents an individual can have is a durable power of attorney in the area of estate planning. This document will help you avoid time consuming and costly guardianship lawsuits in court.
For compliance with HIPAA laws, Mr. Mark can also prepare a special health care power of attorney.
Signing Papers, Elder Law Attorney in Stratford, NJ
Probate Wills, Administration of an Estate, and Inheritance and Estate Taxes
Financial protection is also available through asset re-titling and deed transfers. We can help families protect their assets from death taxes. New Jersey has two types of death taxes; inheritance tax and a New Jersey estate tax.
Have peace of mind with asset protection and estate planning from our office in Stratford, New Jersey.
Contact us to schedule an appointment.