The Appellate Division of the Superior Court of New Jersey laid to rest two vexing Medicaid planning issues in C.W. v. Div. of Medical Assistance and Health Servs. (Aug. 31, 2015 #22-2-7790) Since nursing homes average over $10,000 per month in New Jersey and Medicaid is the only government program that funds long term care, […]
A prepaid funeral fund may seem morbid or distasteful to some. But for people who need long term care, a prepaid funeral trust may be an attractive way to put money to use that would otherwise be lost. Long term care in a nursing home, assisted living facility or with home care aides, can cost […]
These days there are a lot of lawyers offering to create a special needs trust. A special needs trust is a legal instrument that allows families to set aside money for a person with disabilities, without disqualifying her from public benefits like Medicaid and SSI. If you have a child with disabilities, a special needs […]
The federal government has proposed new regulations that govern how nursing homes, assisted living facilities and other long term care facilities treat their residents. The Centers for Medicare and Medicaid Services (CMS) published the proposed regulations in the federal register in July 2015, and is taking public comments. Many of the new provisions pertain to […]
Since I’ll be speaking about the ABLE Act next week at the New Jersey Institute for Continuing Legal Education’s 21st annual Sophisticated Elder Law Conference, now would be a good time to mention that there have been some recent developments with ABLE accounts. For readers who don’t know, an ABLE account is a legal instrument […]