What Is Medicaid Crisis Planning in New Jersey? - Christine Matus
Notas del episodio
From The Matus Law Group - What Is Medicaid Crisis Planning in New Jersey? explores how Medicaid crisis planning can help New Jersey families protect assets and pursue Medicaid benefits when an unexpected medical event creates an urgent need for long-term care. The episode examines how families can respond when a stroke, fall, dementia diagnosis, hospitalization, or other health crisis leads to nursing home care, assisted living, or in-home private care, including the role Medicaid planning can play in preserving life savings.
Christine Matus of The Matus Law Group discusses key New Jersey Medicaid eligibility rules, including the five-year look-back period, asset and income limits, and transfer penalties. The episode explains how Medicaid reviews asset transfers made during the 60 months before eligibility, why transfers for less than fair market value can result in periods of ineligibility, and how exemptions for certain transfers—including those involving a spouse or disabled child—may apply. It also covers the Community Spouse Resource Allowance and strategies available to married couples when one spouse requires long-term care.
Listeners will also learn about assets that may be excluded when determining Medicaid eligibility, such as a qualifying primary residence, one vehicle, personal belongings, household effects, and certain prepaid funeral and burial arrangements. The discussion explores spend-down strategies, Qualified Income Trusts—also known as Miller Trusts—and New Jersey’s Estate Recovery Program, highlighting why the way assets are transferred or protected can affect both Medicaid eligibility and a family’s financial future.
The episode also examines Managed Long-Term Services and Supports (MLTSS), New Jersey’s Medicaid program for long-term care, and the Nursing Facility Level of Care requirements associated with receiving services. From nursing home and assisted living care to personal care assistance, home modifications, meal preparation, adult day programs, and other home-based services, the discussion provides families in Toms River, Ocean County, Monmouth County, and throughout New Jersey with a clearer understanding of their options when long-term care becomes necessary.
The Matus Law Group
81 E Water St #2C, Toms River, NJ 08753
(732) 281-0060