Elder law continues to shift, and 2025 brings several important changes that families in New Jersey should keep in mind. From Medicaid expansion to new tools for protecting seniors from financial abuse, these trends impact how we plan for long-term care, housing, and the future. At E.A. Goodman Law, LLC, we’re here to help you stay informed and take the right steps to protect your loved ones.
Expansion of Medicaid Services in New Jersey
New Jersey’s Medicaid Managed Long Term Services and Supports (MLTSS) program keeps growing. One of the biggest changes is a stronger push toward home-based care instead of nursing home placements. For many families, this means a loved one may be able to age comfortably at home while still receiving the care they need.
However, Medicaid still has strict financial eligibility rules. Planning early is the key to preserving assets and securing care. Some tools we may recommend include:
- Asset protection trusts
- Medicaid-compliant annuities
- Income-only trusts for those over the asset limit
By thinking ahead, families can avoid last-minute stress and help a loved one qualify when the time comes.
Increased Focus on Elder Financial Abuse
Scams targeting older adults are on the rise in New Jersey. From fake investment schemes to predatory home repair offers, financial abuse can wipe out retirement savings and create long-lasting damage.
There are several ways to protect a loved one’s finances:
- Set up a durable power of attorney so someone trustworthy can step in if needed
- Regularly review bank and credit accounts for suspicious activity
- Use revocable or irrevocable trusts to control how money is accessed and spent
If something doesn’t feel right, don’t wait. We can help you take steps quickly to secure assets and hold bad actors accountable.
Growth of Technology in Elder Care
Telemedicine is now a regular part of elder care in New Jersey. Whether it’s virtual visits with a primary care doctor or remote monitoring for chronic conditions, the convenience is clear. But there are also things to watch out for.
Families should review how health information is shared under HIPAA rules and whether seniors are truly comfortable using these tools. Internet access, privacy policies, and user-friendly platforms all make a difference. We can help evaluate agreements and protect your loved one’s rights while ensuring they have access to the care they need.
Housing Affordability Challenges for Seniors
It’s no secret that New Jersey has some of the highest property taxes and housing costs in the country. For seniors living on a fixed income, this can make it difficult to stay in their homes.
Estate planning now often includes strategies to manage or reduce housing expenses, such as:
- Downsizing to a more manageable home
- Applying for property tax relief programs
- Transferring property ownership to a trust or family member in a tax-efficient way
If your loved one is thinking about making a move or struggling with housing costs, we can walk you through the options that protect their interests.
Guardianship Alternatives Are Gaining Traction
New Jersey courts are paying closer attention to alternatives to guardianship. Rather than removing someone’s decision-making rights entirely, families are being encouraged to consider less restrictive solutions.
One option is a supported decision-making agreement, which allows the senior to choose trusted individuals to help them make decisions without losing control. This approach supports dignity and independence. We’ll help you create customized plans that keep your loved one safe while honoring their preferences.
Watch for Legislative Changes in Estate Planning
Both federal and New Jersey laws around estate and inheritance taxes may shift in 2025. The current exemptions could change, meaning more families might be affected than in the past.
We’re also watching New Jersey’s inheritance tax rules, especially how they apply to siblings, nieces, nephews, and others who aren’t direct descendants. If you haven’t reviewed your estate plan in the past few years, now is a good time. We’ll make sure your plan still works for your goals and helps avoid unnecessary taxes.
Support for Caregivers Is Growing
Family caregivers are finally getting more attention and support in New Jersey. Lawmakers are discussing tax credits and expanded protections for unpaid caregivers. This is good news for many families who have taken on care responsibilities.
To support this shift, we often recommend creating written caregiver agreements. These documents clarify responsibilities, can help with Medicaid eligibility, and offer legal protections for both the caregiver and the person receiving care. If you’re providing care for a loved one, we’ll help you formalize that arrangement the right way.
Protect What Matters Most in 2025
Elder law in New Jersey is changing, and staying ahead of these trends can make a real difference in your family’s future. Whether you’re planning for Medicaid, addressing housing needs, or protecting assets, we’re here to help you take the right steps with confidence. Contact E.A. Goodman Law, LLC to schedule a consultation and start building a plan that works for your family in 2025 and beyond.
Posted in: Elder Law