On behalf of Macri & Associates, LLC | Sep 24, 2019 | Firm News, Medicaid Planning And Asset Protection
Navigating all the little rules and requirements for Medicaid can be frustrating. The one that can cause the most stress for many people, however, is the asset limit. As the American Council on Aging explains, each state can set an asset threshold for Medicaid...
by Macri Law Group | Jul 3, 2019 | Firm News, Medicaid Planning And Asset Protection
Many people in New Jersey who are in their elder years want to give their loved ones substantial gifts. This way, they can see their loved one enjoy what would be their inheritance. However, these people may also be planning on utilizing Medicaid benefits to pay for...
by Macri Law Group | Jun 26, 2019 | Firm News, Medicaid Planning And Asset Protection
While some people in New Jersey may be fortunate enough to make plans for long-term care while they are still in good health, many find themselves needing long-term care options only after a crisis occurs. For example, a person could unexpectedly suffer a stroke, or...
by Macri Law Group | May 16, 2019 | Firm News, Medicaid Planning And Asset Protection
Many people in New Jersey rely on Medicaid benefits to pay for their care needs as they age. However, what they may not know is that upon their death, Uncle Sam may come knocking, seeking recovery from the deceased’s estate of what was paid for using Medicaid...
by Macri Law Group | May 9, 2019 | Firm News, Medicaid Planning And Asset Protection
Many aged individuals in New Jersey plan on utilizing Medicaid benefits to pay for their long-term care needs. However, it is important to understand how Medicaid has changed over the years. Eligibility hinges on a person’s income level, but with Medicaid...
by Macri Law Group | Apr 18, 2019 | Firm News, Medicaid Planning And Asset Protection
While some people in New Jersey may have long-term care insurance or a significant amount of savings to pay for nursing home care, many people plan on using Medicaid benefits. A person may qualify for Medicaid benefits if their monthly income does not exceed a certain...
by Macri Law Group | Mar 21, 2019 | Firm News, Medicaid Planning And Asset Protection
To be eligible for Medicaid benefits in New Jersey (referred to as Long Term Services and Supports), a person’s income and resources cannot exceed a certain dollar amount annually. However, does this mean that a person must be impoverished before they can begin...
by Macri Law Group | Mar 14, 2019 | Firm News, Medicaid Planning And Asset Protection
While sometimes people in New Jersey make plans for a potential stay in a nursing home well before they need such care, many times a person’s admission to a long-term care facility occurs due to a sudden illness or disability. When this happens, the...
by Macri Law Group | Mar 7, 2019 | Firm News, Medicaid Planning And Asset Protection
Under federal and New Jersey law, once a Medicaid beneficiary dies, the government recovers funds from the deceased’s estate for any services the deceased received after age 55 that were paid for using Medicaid benefits. This is known as “estate...
by Macri Law Group | Jan 17, 2019 | Firm News, Medicaid Planning And Asset Protection
A person in New Jersey in need of nursing home care, they may be relying on Medicaid to help finance the care they need. However, it is the unfortunate fact that sometimes a person’s initial application for Medicaid is denied, even if they have spent the time to...
