The Department of Veterans Affairs (VA) has finalized new rules that establish an asset limit, a look-back period, and asset transfer penalties for claimants applying for VA needs-based benefits. This is a change from current regulations, which do not contain a prohibition on transferring assets prior to […]
Read more →Archive for the nursing home Category
A recent New Jersey case (July 2018) resulted in a decision requiring proper and detailed documentation in order for money paid to family caregivers to qualify as a Medicaid penalty exempt transfer of assets. In E.B. v. Division of Medical Assistance, the daughter of the Medicaid applicant […]
Read more →When you are confronting a difficult life issue, you routinely seek guidance from someone who can help you to solve the problem. So, it stands to reason that when you or a family member are confronting the potential or immediate need for long term nursing care, you […]
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