Medicare / Medicaid
Medicaid Estate Planning Lawyer
Haddonfield & Ocean City, New Jersey
Our Elder Law Attorneys carefully monitor changes in Medicare and Medicaid law.
Medicaid laws are nearly as complex as tax laws, and are constantly undergoing change as Congress and the New Jersey Legislature revisit them. In many cases, individuals and married couples have unnecessarily reduced themselves to a state of impoverishment, believing it was necessary to spend all of their assets before becoming eligible for health care assistance.
At the Law Offices of Nancy M. Rice, a southern New Jersey Elder Law firm, our attorneys have been focused on serving seniors and those with disabilities since Ms. Rice began her law practice in 1986. Each client's situation is unique. Our lawyers know Medicaid and tax law, and will craft a plan that allows you or other members of your family to maintain the highest degree of financial independence possible. Contact our Haddonfield or Ocean City office to make arrangements to meet with a Medicaid estate planning lawyer.
Medicare does not pay for any "custodial care" at home or in an assisted living facility. If, due to illness or injury, a Medicare recipient requires skilled nursing care, benefits often do not last long enough to allow the patient to fully recover. The family then finds it quickly needs to spend-down assets to the threshold necessary for Medicaid eligibility.
When our attorneys meet with you, we will evaluate all factors. After considering what you have given away, what you have saved, and how your assets are held, we will tell you exactly what to do and how to best preserve your assets while becoming eligible for Medicaid as soon as possible, whether that involves the creation of a Medicaid Trust, gifts, or other strategies.
Federal and state laws regarding medical assistance have created a confusing web of administrative procedures and policies. We also advise those eligible for Medicaid or Medicare on related health-care issues, including prescription drug benefits.
In addition to assisting clients with Medicaid, estate planning attorneys at the Law Offices of Nancy M. Rice provide experienced Elder Law, probate, Disability Trusts, and Guardianship services to clients throughout southern New Jersey, including the communities of Haddonfield, Cherry Hill, Voorhees, Moorestown, Mount Laurel, Mount Holly, Woodbury, Deptford, Washington Township, Hammonton, Glassboro, Cape May, Avalon, Ocean City, Linwood, Northfield, and Toms River and Camden County, Burlington County, Gloucester County, Salem County, Cumberland County, Cape May County, Atlantic County and Ocean County.
