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       Last week I was explaining what happens to abandoned or unclaimed property.  New Jersey has in its possession more than $1 billion of property that people have abandoned, usually because they have forgotten about the accounts.  Nationwide, there is well over $50 billion in unclaimed funds.  Financial

       In today’s world, change comes at a pretty rapid rate.  That is certainly true when it comes to our assets and financial accounts.  Many people move jobs and change financial institutions frequently.  It is easy to understand how assets can be overlooked or forgotten.  Maybe I never

                On September 13, 2017 Governor Christie signed a new bill into law, the Uniform Fiduciary Access to Digital Assets Act (“UFADAA”).  The new law becomes effective 90 days from the date of signing, December 12, 2017.                 The issue of accessing digital assets has become an increasingly troublesome one over

       With all the news stories about Hurricanes Harvey and Irma, the destruction caused to Texas, Florida and Caribbean islands, and their aftermath, one story caught my eye.  The deaths of 8 nursing home residents in Hollywood, Florida highlights the especially vulnerable position that the elderly face in

       In last week’s blog, I started to tell you about annuities and how unique they are when we are considering Medicaid.  In order to achieve Medicaid eligibility, I must spend down my assets to below $2000 (married couple rules permit assets up to, in some cases, $120,900).  

       The topic of annuities comes up regularly when we get a call regarding the need for Medicaid benefits to pay for long term care.  Sometimes the caller has questions about whether it is a good idea to buy an annuity in anticipation of Medicaid.  Other times someone