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Tag: first moment rule

19Apr

Medicaid: Date of Check Rule

Posted by markelderlawon April 19, 2021July 6, 2021in Medicaid
elderly couple sitting on bench with mountain view

What happens if a person writes a check towards the end of the month but it is not cashed until the following month? Our New Jersey Medicaid regulations require that an individual own no more than $2,000 of resources as…

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14Dec

Medicaid Trap: First Moment Rule

Posted by markelderlawon December 14, 2020July 2, 2021in Medicaid
family eating meal together

Applying for Medicaid assistance to help pay for long-term care can be a daunting task.  There are numerous rules and regulations that often present significant problems for individuals who are attempting to obtain Medicaid.  Many people refer to these as…

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