Most residents in a nursing home facility must use all of their monthly income to contribute to the cost of long-term care. Medicaid then pays the balance of that care. A nursing home resident, however, is allowed to keep $50.00…
Read More Medicaid Changes How the Spousal Support Is Calculated
According to the New Jersey Medicaid regulations, an individual is not allowed to own more than $2,000.00 of resources. A resource includes any bank accounts, checking accounts or other investments that are in the control and accessible to that person. …
Read More Custodial Accounts for Minors Should Be Exempt from Medicaid
If a spouse enters into a nursing home facility, then the healthier spouse may be entitled to spousal support. The spousal support is based in part upon the minimum amount known as the Minimum Monthly Maintenance Needs Allowance. This is…
Read More New Jersey Changes Shelter Standard in Determining Spousal Support
In most cases where an individual receives Medicaid and is in a nursing home facility, the New Jersey Medicaid agency will require that the person’s monthly income be paid to the facility. The balance of the cost of long-term care…
Read More New Jersey Changes Medicaid Law Concerning Spousal Support
According to applicable federal law, Social Security benefits are evaluated on an annual basis and the benefits are then calculated based upon the cost-of-living as measured by the Department of Labor Consumer Price Index (DPI). An increase in the Social…
Read More Social Security Will Increase by Almost 9% in 2023
Law Office of Donald B. Mark 