close

Blogs > Peace of Mind

Asset Protection

Mar 16, 2023

The Powers That Shouldn’t Be: Combating Fraud & Exploitation

Preventing Exploitation and Fraud Amongst Long-Term Care Providers and Medicaid Advisors

Important consumer protection legislation for seniors and others who need-long term care has been introduced by New Jersey State Senators Joseph F. Vitale and Robert W. Singer. This bill, S3606, addresses a variety of problems that advocates have been fighting against for years but have recently come into the public spotlight due to some great reporting on exploitation of residentsRead More

Jan 26, 2023

Medicaid Disenrollment’s Are Coming, But There Is Still Time to Fix Eligibility

There have been few silver linings to the COVID-19 pandemic, but one of those few is the fact that the federal government prohibited states from terminating any Medicaid beneficiaries during the public health emergency. This has allowed hundreds of thousands of Medicaid beneficiaries in our tri-state area to continue to receive Medicaid benefits despite being technically ineligible.» Read More

Jan 10, 2023

Ten Most Common Myths about Medicaid

1 – I cannot give away anything and qualify for Medicaid.

This is a complicated area of the law and readers should consult with a knowledgeable elder law attorney before they transfer their assets. Although transfers between spouses are exempt, transfers to persons other than spouses usually subject the donor to penalties that result in periods of ineligibility for Medicaid.» Read More

Nov 15, 2022

“The Importance of Choosing the Right Medicaid Advisor”

Most individuals think they’ll never find themselves or their loved ones on Medicaid. However, the cost of long-term care is so exorbitant that many middle-income seniors turn to Medicaid to pay for their care in assisted living and nursing facilities. Medicaid is complex, with intricate rules that require special attention and planning.» Read More

Aug 25, 2022

Do I have to sign over all my assets when I enter a long-term care facility?

I get asked some version of this question fairly frequently. I generally reassure clients that most facilities simply require you to pay month-to-month, and you can leave at any time. Now I may have to change my response, as news broke this week that a New Jersey woman allegedly had all her assets stolen by the very entity she trusted to care for her.» Read More

Sep 04, 2020

Special Needs Spotlight Webinar Series: Administering Special Needs Trusts

The law firm Norris McLaughlin, P.A., is pleased to present the Special Needs Spotlight Webinar Series. In this session, “Administering Special Needs Trusts,” Shana Siegel, a Member of the firm and Chair of its Elder Care & Special Needs Law Practice Group, addressed special needs trusts.» Read More

Aug 21, 2020

Special Needs Spotlight Webinar Series: Understanding Special Needs Trusts

The law firm Norris McLaughlin, P.A., is pleased to present the Special Needs Spotlight Webinar Series. In this session, “Understanding Special Needs Trusts,” Shana Siegel, a Member of the firm and Chair of its Elder Care & Special Needs Law Practice Group, addressed special needs trusts.» Read More

Jun 23, 2020

Special Needs Spotlight Webinar Series: When and How to Use an ABLE Account

The law firm Norris McLaughlin, P.A., is pleased to present the Special Needs Spotlight Webinar Series. In the third session, “When and How to Use an ABLE Account,” Shana Siegel, a Member of the firm and Chair of its Elder Care & Special Needs Law Practice Group, was joined once again by Elizabeth McKenna, ChSNC™, CFP®, of Merrill Lynch Wealth ManagementRead More

May 18, 2020

How Can I Protect Myself From Financial Exploitation as I Age?

In our office, we think a lot about solo seniors – older adults who live alone and have no immediate family. Right now, we are working on an unfortunate case where multiple bad actors took advantage of a vulnerable woman, taking hundreds of thousands of dollars.» Read More

Authors