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Tag: irrevocable gift

03Jan

Custodial Accounts for Minors Should Be Exempt from Medicaid

Posted by markelderlawon January 3, 2023January 3, 2023in Medicaid
Mother and father pulling kids in sleds in the snow

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

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