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: Wills, Trusts & Estates Prof Blog

New Jersey Not Allowed to Analyze Promissory Notes as Trust-Like Devices

By Trusts EstatesProf

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Some New Jersey residents lent money to relatives and received promissory notes in return. Then the residents applied for Medicaid and were denied. The state claimed that the notes were trust-like instruments and available resources. The district court sided with...

Full post as published by Wills, Trusts & Estates Prof Blog on September 06, 2010 (boomark / email).

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