Legal Question in Elder Law in New Jersey
Half A Loaf Law
What is the ''Half-A-Loaf Law'' that pertains to the sale of the home of a family member who is in a long term care faclity?
Asked on 4/05/02, 5:50 am
1 Answer from Attorneys
Steven Tarta
Steven Wayne Tarta, Attorney At Law
Re: Half A Loaf Law
I think someone passed on some "slang" to you;perhaps, have a loaf refers to a half interest in the property???
I know of no nj statute that uses this verbiage.
Answered on 4/05/02, 4:12 pm
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