On behalf of Macri & Associates, LLC | Jun 22, 2020 | Medicaid Planning And Asset Protection
When a person applies for Medicaid, they are subjected to the lookback period. Because this is a needs-based program, the participants can’t try to give things away in order to meet the eligibility requirements. The caseworker who reviews the application goes back...
On behalf of Macri & Associates, LLC | Apr 23, 2020 | Medicaid Planning And Asset Protection
As you age, there’s a chance that you’ll need to seek around-the-clock care in a nursing home. Many people discover that this is a challenging aspect to aging because they never took the time to plan for their long-term care needs. There are several things that you...
On behalf of Macri & Associates, LLC | Feb 7, 2020 | Medicaid Planning And Asset Protection
Having your name on the title to your home can be a source of intense pride. Many people can think back to the day that they signed the deed that made them the official owner of their property. The thought of taking your name off of one of your most important assets...
On behalf of Macri & Associates, LLC | Dec 12, 2019 | Medicaid Planning And Asset Protection
Planning for Medicaid can be a complicated undertaking, especially when it comes to meeting low asset limits. Getting rid of all your assets outright doesn’t seem like a sensible solution, and it may not be necessary. Medicaid provides coverage for millions, but the...
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...
