The 2019 Medicaid numbers are out and they again serve to underscore the need to be proactive with your asset protection planning. If you plan ahead to protect your assets and qualify for Medicaid, you will avoid the need to run around frantically wondering what to […]
Read more →Archive for the nursing home Category
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 →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 […]
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