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Tag: Medicaid spousal support

03Dec

Change in Medicaid Laws Allow for an Increase in Spousal Support

Posted by markelderlawon December 3, 2021December 14, 2022in Medicaid
elderly couple holidays elder care planning

If a husband or wife requires long-term custodial care, then the healthier spouse may be entitled to spousal support.  The amount of the spousal support is based upon his or her monthly income and the minimum amount that the healthier…

Read More Change in Medicaid Laws Allow for an Increase in Spousal Support

10Nov

Change in Medicaid Laws Concerning Spousal Support

Posted by markelderlawon November 10, 2021January 19, 2023in Medicaid
senior couple on bench next to tree

If a spouse requires long-term care in a facility, then a portion of that spouse’s income must be paid to the facility as his or her “cost share”.  The spouse who is institutionalized is allowed to keep $50.00 per month…

Read More Change in Medicaid Laws Concerning Spousal Support

22Mar

Law Increases Maximum Support for a Spouse

Posted by markelderlawon March 22, 2021June 5, 2023in Long-Term Care
elderly couple walking along wooded path

Medicaid normally requires that a person’s income be used to offset the cost of long-term care in a facility.  Virtually all of that person’s income must be paid to the facility each month.  Medicaid then pays the balance of that…

Read More Law Increases Maximum Support for a Spouse

08Mar

Married Couples Can Now Protect More Assets

Posted by markelderlawon March 8, 2021August 4, 2023in Long-Term Care
senior couple sitting on mountainside

The cost of long-term care is catastrophic.  If a husband or wife needs long-term care then the family’s assets are quickly depleted on the cost of that care.  Once the assets have been spent down then the family can acquire…

Read More Married Couples Can Now Protect More Assets

29Jun

Medicaid Laws Change on July 1, 2020

Posted by markelderlawon June 29, 2020September 1, 2023in Medicaid
elderly woman putting arm around husband standing among tropical trees

Most nursing homes in New Jersey charge at least $130,000 per year for a basic semi-private room.  Medicaid will help pay for that person’s care but only after their assets and life savings have been depleted. If a spouse is…

Read More Medicaid Laws Change on July 1, 2020

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