E617 Newsletter

 

E617 Newsletter

1. Memorial Day 2021 2. Outdoor Summer concerts are back 3. Weekend and evening notary service by appointment 4. Live Upcoming Running Races for Charity- Real races are  back 5. Youtube Educational videos

1. Memorial Day 2021

I hope everyone has a good Memorial Day weekend. I will miss seeing friends at the “Legends of Belmar” which is usually the Friday night of Memorial Day - “Start of Summer Happy Hour.       Since the 1980’s Belmar house days I enjoyed seeing my friends the “Legends of Belmar”. The champions of beach volleyball would usually join Ken V and friends before Spring Lake 5 race for "Legends Night" in Belmar at D’Jais for free food Ocean Ave. Belmar, give out Usa stickers, then bike to Bar Anticipation. The greats of Belmar beach volleyball, friends of Holme band and the beach would be there. We give out American Flag stickers to lucky customers to show support for USA and those who served. Marty P, John C. Chris K, Loud Scott, Legendettes, Daniel-son, Billy Ball, and many others. No Spring Lake 5 race for 2021. I look forward to return of the Holme band and to see old friends. I got my vaccine card.   Unfortunately the Edison Memorial Day Parade and Metuchen Parades have been rescheduled to 2022. There are still Memorial Day services planned.       Son & grandsons of Veterans should join the Sons of American Legion S.A.L. Membership Eligibility Requirements All male descendants, adopted sons and stepsons of members of the American Legion, and such male descendants of veterans shall be eligible for Membership in the Sons of The American Legion. Ken Vercammen is a member of the Sons of American Legion in Edison. Dues only $20.00 per year. Hall available for rental. American Legion Father & Son Post 435 43 Oakland Ave, Edison, NJ 08817 Phone: (732) 985-9768

2. Outdoor Summer concerts are back

Woodbridge Township Oldies Mondays, at Woodbridge High School June 21: Jesse Garron, Elvis Presley tribute June 28: The Mahoney Brothers July 5: The Drifters July 12: Shirley Alston Reeves July 19: Johnny Maestro Tribute Band July 26: The Cameos Aug. 2: The Coasters Aug. 9: The Capris Aug. 16: Shadows of the ’60s Aug. 23: Bobby Wilson, Jackie Wilson tribute Aug. 30: The Infernos Tribute Tuesdays, at Woodbridge High School June 22: Sensational Soul Cruisers June 29: Best of the Eagles (The Eagles tribute) July 6: Real Diamond (Neil Diamond tribute) July 13: Frontiers (Journey tribute) July 20: Starman (David Bowie tribute) July 27: Forever Ray (Ray Charles tribute) Aug. 3: Green River (Creedence Clearwater Revival tribute) Aug. 10: Beatlemania Again (The Beatles tribute) Aug. 17: The Blue Meanies (The Monkees tribute) Aug. 24: Forever Simon and Garfunkel (Simon & Garfunkel tribute) Aug. 31: Saints in the City (Bruce Springsteen tribute) Local Band Thursdays, at Woodbridge High School June 24: Dead Cowboys July 1: Moonlight Mile July 8: Kickback Band July 15: Recalibrators July 22: Shaman July 29: Shore Soundz Aug. 5: Uncle Pecos Aug. 12: 9South Aug. 19: Seven Stone Aug. 26: Marty & the Martians Country Sundays, at Woodbridge High School June 27: Southern Steel, Southern rock tribute July 11: ZBTB, Zac Brown Band tribute July 18: Kinderhook July 25: The Guthrie Brothers Aug. 1: Live at the Fillmore, Allman Brothers Band tribute Aug. 8: Laurel Canyon, Crosby, Stills, Nash & Young tribute Aug. 15: Pirate Flag, Kenny Chesney tribute Aug. 22: Deadgrass, bluegrass Grateful Dead tribute Aug. 29: Panama Dead, New Riders of the Purple Sage tribute Sept. 5: The Linda Ronstadt Experience, Linda Ronstadt tribute Source: https://www.njarts.net/free-events/   Pier Village Monday on Festival Plaza from 7PM – 8:30 PM for the Jersey Shore’s Best Tribute Bands! 7/8  E Street Band | Bruce Springsteen Tribute 7/15 Damn the Torpedoes | Tom Petty Tribute Band 7/22 Beatlemania | Beatles Tribute Band 7/29 Bell Bottom Blues | Eric Clapton Tribute Band 8/5  Captain Jack | Bill Joel Tribute Band 8/12 Splintered Sunlight | Grateful Dead Tribute Band 8/19 StarMan | David Bowie Tribute Band 8/26 Parrot Beach | Jimmy Buffett Tribute Band https://piervillagelofts.com/evenat/live-summer-music-concert-series/ Long Branch Thursdays by the Sea 2021 Pier Village  July 1-Sept 2   Long Branch West End Park Sunday June 6-August 29   Donovan's Reef Dead Cover Bands  Tuesday 6PM Freehold ROCK! Summer Concert Series at Hall of Records June 3: Moroccan Sheepherders June 10: Mission Dance June 17: Turnstiles, Billy Joel tribute June 24: Cover This July 1: Eddie Testa Band July 8: Rockit Fish July 15: Joe Baracata Band July 22: CSN Songs, Crosby, Stills, Nash & Young tribute July 29: Peanut Butter Bridges Band Aug. 5: The Breaking Plans & City Vision Aug. 12: Full Throttle Band Aug. 19: Stephen Martines Aug. 26: Predator Dub Assassins Fall Concert Series at Hall of Records Sept. 8: The Nerds Sept. 15: Williams Honor Sept. 22: The Ruckus Sept. 29: Motor City Revue Oct. 6: Tequila Rose Oct. 13: The Springsteen Experience Source https://www.njarts.net/free-events/   Plus Edison Elks Club outdoor music

3. Weekend and evening notary service by appointment

SUPERIOR PARALEGAL SERVICES, LLC MARY C. WILLIAMS PARALEGAL/LICENSED TITLE PRODUCER/NOTARY 59 Rues Lane East Brunswick, NJ 08816 mary@superiorparalegalservicesllc.com www.superiorparalegalservicesllc.com  Cell - (732) 259-4468 (Mary)

4. Live Upcoming Running Races for Charity- Real races are  back

6-12-21 Westfield DayCare 5k – Saturday 8:00am  https://runsignup.com/Race/NJ/Cranford/   June 13 SSG Michael Ollis 5K Run 9:00am  New Dorp Lane and South Railroad Avenue Staten Island, NY US 10306 https://runsignup.com/Race/Events/NY/StatenIsland/Ollis#event-451133   June 19 SGT Nutter 5K - 2021 Saturday, -  Sgt. Nutter 5k - Sea Girt, NJ, https://www.sgtnutterrun.org   June 26 Union Beach 5K, 2021 @ 9:00am https://runsignup.com/Race/NJ/UnionBeach/UnionBeach5K   Sunday, June 27 - Pine Beach 5k - Pine Beach, NJ - https://runsignup.com/Race/NJ/PineBeach/OceanRunningClubsPineBeach5k.   Poconos Saturday, Jul 3, 2021  Jul 3  8:00 AM      HAZLETON, Luzerne  Independence Day Charity Event 5k Run/Walk, 10k Run, Dog Jog 5k LOCATION: Louis Schiavo City View Park, 700 S Poplar St. Hazleton, PA 18201 http://neparunner.com/calen/calen07.html Or The Race Street Run  LOCATION: St. Marks and St. John’s Episcopal Church, 21 Race St. Jim Thorpe, PA 18229    Angi O'Hara at racestreetrun@gmail.com, 570-325-3921     15K, 4 MILE Run,   BENEFITS: St. Mark's & St. John's Episcopal Church   NOTES:  Field limited to 150    http://neparunner.com/calen/calen07.html   07/10/21 Spring Lake Ocean Mile Swim   Sat Spring Lake, New Jersey  Open water swim - Open Water Swim https://raceforum.com/slswim   Sunday, July 11 - Lace Up for Woodbridge 5K - Woodbridge, NJ        If you are attending any of these charity races, please call or email Ken V. at Kenv@njaws.com Often we car pool from East Brunswick /Edison or meet at these events. I update this list at http://vercammensport.blogspot.com I share these events so that even non-runners can walk or volunteer. All events help an area charity or non-profit. We encourage Americans to get off the couch and exercise . Saturday Jul 17, 2021Sea Bright One Mile Swim  7:30AM https://raceforum.com/sbswim   Sun 07/18/21 Manasquan Ocean Mile Swim    Manasquan, New Jersey  Open water swim - Open Water Swim https://raceforum.com/squanswim   NJ triathlon Sprint 7.17.21 Olympic 7.18.21 https://www.cgiracing.com/newjerseystatetri/event-info/race-weekend-details/ 7/25/21 East Brunswick Annual Benefit 5K Run/Walk Supporting Veterans and Their Needs 9am Sun  https://runsignup.com/Race/Register?raceId=10458   August 7 - Sea Girt 5K – Saturday  http://seagirt5k.com   Aug 8 Staten Island Triathlon Staten Island, NY US 10314 https://runsignup.com/Race/NY/StatenIsland/StatenIslandTriDuathlon August 14 - Asbury Park Sheehan Classic 5k – Saturday  SAC https://runsignup.com/Race/NJ/AsburyPark/AsburyPark5K   Aug 15 Long Branch 1 Mile Ocean Swim   8/29  Lager 5k https://runsignup.com/Race/NJ/GlenRidge/FitzgeraldsLagerRun

5. YouTube Educational videos

March 1st 2021 Wills & Power of Attorney Seminar Piscataway Library https://www.youtube.com/watch?v=ouZthQ8qKic

March 2nd Wills, Probate & Estate Planning 2021update East Brunswick Library https://www.youtube.com/watch?v=QhckrOVO-Bk&t=1s

Annual Review of Major Municipal Court Cases and New Laws Affecting Law Enforcement https://www.youtube.com/watch?v=4nQaTHyTnNE

The warning system on pot in NJ https://www.youtube.com/watch?v=0JgKN-woqtA

What police can’t do if smell pot or alcohol with person under 21 https://www.youtube.com/watch?v=fCCZzw9PHQk&t=24s

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E618 Newsletter

 

E618 Newsletter

1. Ten Common Mistakes in Medicaid Planning and Estate Recovery 2. Recent YouTube Educational videos

1.  Ten Common Mistakes in Medicaid Planning and Estate Recovery

1. Waiting.  The single biggest mistake is waiting to plan.  As a general rule, the sooner Medicaid planning begins the better the result.  If significant assets are transferred, there is a five-year lookback, and the five-year lookback does not begin until the assets are actually transferred.  Start now. 2. Failing to Transfer the Home.  If the Medicaid applicant is married and the community spouse is residing in the home, their home is not considered to be a countable asset for Medicaid eligibility purposes.  However, if the house is still titled in both spouses' names when the institutionalized spouse dies, Medicaid will place a lien on the home.  When the community spouse sells the house or dies, Medicaid will insist on repayment.  Transferring title prevents this. 3. Failing to Disclose all Assets or all Transfers to Medicaid. Failure to disclose assets or transfers to Medicaid constitutes Medicaid fraud, which is a criminal offense.  It can also cause a loss of eligibility and Medicaid may demand repayment for past medical assistance. 4. Failing to Change the Will of the Community Spouse. Spouses usually have wills leaving their estates to the other.  However, if a community spouse has a will leaving assets to the institutionalized spouse, the institutionalized spouse will be disqualified from Medicaid until all of the inheritance is spent down.  In New Jersey there is an elective share statute, so the community spouse should leave the institutionalized spouse the minimum amount to satisfy the elective share but the remainder should be left to children or other family members or friends. 5. Failing to Transfer Aggressively. Occasionally individuals transfer assets to children but retain too much in their own names.  If this happens, there will be excess resources at the time the individual would otherwise be eligible to apply for Medicaid, and those excess resources will have to be spent down, further delaying Medicaid eligibility.  It is always better to over-transfer to reliable children, family or friends, because those individuals can retransfer to the extent necessary to pay for care. 6. Failing to Administer Trusts Properly.  Frequently individuals place assets in irrevocable trusts and then take them back out in whole or in part, or they use trust funds to directly pay long-term care expenses.  Medicaid correctly considers these trusts to be a sham. 7. Timing of Snapshot.  In New Jersey the community spouse is allowed to keep one-half of the countable assets with a maximum of $130,380 in 2021.  If assets are spent down below $260,760 prior to the snapshot, which is the date of the Medicaid application or the date of institutionalization, whichever first occurs, then half will be less than $130,380. 8. Failing to Take Advantage of Exempt Transfers.  Exempt transfers are discussed above. 9. $15,000 Transfers.  Individuals think they can transfer $15,000 per year to each child without a transfer of asset penalty.  They are confusing what used to be the annual exclusion for gifts under the Federal Gift Tax law with Medicaid transfer of asset rules.  New Jersey does not have a de minibus exemption for transfers from the transfer of assets penalty, so technically even modest birthday and holiday gifts are subject to the penalty.  Most caseworkers will overlook those modest gifts, but some will not. 10. Failing to Take Assets out of an Income Only Trust. An individual can transfer assets to an irrevocable trust reserving income to himself.  The transfer of asset penalty begins when the assets are transferred to the trust.  However, New Jersey has a broad definition of estate recovery, so assets in the Income Only Trust would be included for estate recovery purposes.  The solution is to transfer the assets out of the Income Only Trust prior to applying for Medicaid. This will result in a transfer of asset penalty calculated by applying the average income over the past five years by the life expectancy of the Medicaid applicant.  It is better to pay the penalty than to lose the assets to estate recovery. Estate Recovery         New Jersey recovers from the estates of deceased Medicaid recipients.  New Jersey has a broad definition of estate for this purpose.  No recovery is made until after the death of the Medicaid recipient's surviving spouse, and then only if there are no surviving children under the age of 21 or that are blind or permanently disabled.  Federal law requires estate recovery only from a probate estate, but New Jersey has expanded that definition to include all assets, real and personal, including assets conveyed to a survivor through joint tenancy, tenancy in common, survivorship, or a living trust.  A third party trust established for the benefit of the deceased Medicaid recipient is not subject to estate recovery.  However, under the concept of tracing, if a trust is established by a third party with assets owned by the Medicaid applicant within five years prior to the beneficiary's death, then those assets are subject to estate recovery.  Again, there are hardship provisions, but hardship is extremely difficult to prove.  While the statute excludes a life estate, an Income Only Trust would be included in estate recovery.  Estate recovery applies only to Medicaid payments made for services received after the individual attains age 55.  No recovery is made if the estate is under $500. . More Valuable information on Medicaid and asset protection at BegleyLawGroup.com

2. Recent YouTube Educational videos

No more license suspensions for FTA https://www.youtube.com/watch?v=swPxNX0DYiA

PTI can’t be conditioned on jail time State v Chen https://www.youtube.com/watch?v=ZeDJST1g5yk Court here rejects protective sweep where defendant handcuffed State v Radel https://www.youtube.com/watch?v=z0YNWaKm1mk&t=1s AG Directive Pot Cases already resolved Vacate plea or Conditional Discharge https://www.youtube.com/watch?v=59g854NbH8Y What police can’t do if smell pot or alcohol with person under 21 https://www.youtube.com/watch?v=fCCZzw9PHQk&t=24s Thank you for reading and sharing our Newsletter.   Friends and clients can help us by....   Helping us with a review on Google: https://www.google.com/#q=Kenneth+Vercammen&lrd=0x89c3c87ea72dbd57:0xdbd3622846daeec9,1 Liking us on Facebook:  https://www.facebook.com/Kenneth-Vercammen-Associates-PC-Law-Office-Edison-NJ-08817-149816077985/reviews/ Help us with a review on Avvo:  https://www.avvo.com/attorneys/08817-nj-kenneth-vercammen-571594.html Help us with a review on Yelp: https://www.yelp.com/biz/kenneth-vercammen-and-assoc-attorney-at-law-edison