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...
Medicaid Planning And Asset Protection
Long-term care needs should not deplete your hard-earned assets
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 person's family...
How can Medicaid planning address ‘estate recovery’?
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 recovery." For estate...
New Jersey attorneys stand by your side in a Medicaid appeal
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 try...
How can one protect assets from the five-year lookback period?
Not everyone in New Jersey has, or can afford, long-term care insurance, which can be used for paying for nursing home care. Nevertheless, people should have a plan for how they will afford a stay in a nursing home, should they need it in their old age. This is when...
What to do after your Medicaid application is denied
According to ThinkProgress, Medicaid boasts a 92 percent approval rate for insurance applicants. This bodes well for qualified people seeking coverage, but with tens of millions of Americans on the policy, the eight percent who are denied should not be overlooked. If...