NJ Medicaid issued a notice that effective today, April 1, 2015, the penalty divisor has been increased to $332.59 / day. What is the penalty divisor? It arises when someone is seeking long term care Medicaid (i.e., Medicaid that pays for a nursing home, assisted living facility or home care aides) and has made gifts. […]
Today I want to talk about the difference between first and third-party special needs trusts. It’s a bit technical, but if you have a child or other loved one with special needs, it’s very important not to confuse the two. Virtually all parents I meet and even many lawyers do not understand the difference. It […]
If you’re an executor to an estate, you can take a commission – to pay yourself out of the estate for the hard work that being an executor entails. An executor doesn’t have to take a commission, but is entitled to do so. (This also applies to an administrator managing an intestate estate.) The amount […]
The federal government is changing how it rates nursing homes. Medicare publishes ratings on every nursing home in the country in a database called Nursing Home Compare. It makes available a variety of information, and assigns a “star rating” similar to a restaurant or hotel, from one to five stars. In August 2014, the New […]
On Feb. 23, 2015, the Supreme Court declined to review a key decision by the U.S. Court of Appeals for the Second Circuit Wurtz v. Rawlings Co., LLC , — F.3d —, 2014 WL 3746801 (2nd Cir. 2014). The Second Circuit’s July 2014 decision held that New York personal injury settlements are not required to reimburse health insurers for accident […]
