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
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
According to N.J.A.C. 10:49-14.1 (n) (1), the State of New Jersey is not allowed to impose a Medicaid lien against a life estate. According to both federal and state law, the State of New Jersey is required to impose a…
What happens if the property is sold during the lifetime of the parent? Many individuals protect their home from Medicaid and the cost of long-term care by transferring their property to a family member but retaining a life estate interest. …
Read More Problems When Life Estate Is Sold During a Person’s Lifetime
A person must have a gross monthly income of no more than $2,382 in order to qualify for Medicaid assistance to pay for long-term care in New Jersey. If a person has a gross monthly income that is greater than…
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