Gifts can cause Medicaid problems — and the formula is about to change
Nursing home care is very expensive in New Jersey and people often turn to Medicaid Long-Term Services and Supports (MLTSS) to pay for that care. The rules for the program are complicated, but with our proper guidance, eligibility can be obtained. I’ve written earlier posts about aspects of the application process. The application requires a 5 year lookback — 5 years of financial...
Save your Selfies for the Medicaid 5-Year LookBack
Readers of this blog know that when he time comes to apply for New Jersey’s Medicaid/MLTSS program for either home care, assisted living care of nursing home care, a daunting array of proofs is required. The burden to prove eligibility is placed on the applicant. Every single expenditure made by the applicant and their spouse during the previous 5 years is open for scrutiny, to see if...