» New Jersey Elder Law Attorney Discusses Important Medicaid Changes in 2011

New Jersey Elder Law Attorney Discusses Important Medicaid Changes in 2011

Cherry Hill, NJ (Law Firm Newswire) June 9, 2011 – On June 6, noted elder law attorney Thomas D. Begley, III served as a panelist for the National Business Institute (NBI) program “Medicaid Update 2011” which was held at the Holiday Inn in Cherry Hill. This presentation was made to a diverse group of attorneys, accountants, and paralegals. His presentation included a discussion about qualifying clients for public benefits, planning tips and traps after the Deficit Recovery Act of 2006, and Medicaid estate recovery.

NBI provides continuing legal education for a variety of professions including the legal, accounting, and financial field. It gives substantive and practical knowledge so that attendees gain more skills and effectiveness for their respective practices. Begley is a frequent lecturer on elder law, estate, tax and disabilities planning, and estate and trust administration. As part of the Begley Law Group, he is aware of the latest Medicaid updates and how the new federal reforms vary from a state’s Medicaid policies.

“With the new framework, it’s very important to counsel clients on what is covered and what expenses they must pay for,” Begley said. “Having a working knowledge of the changes in 2011 will help an attorney advise their clients to make the best financial planning decisions.”

Begley is a former Director of the Elder Law Section of the New Jersey State Bar Association as well as a former chair of the Estate Planning and Probate Committee of the Burlington County Bar Association. The Begley Law Group is renowned for upholding the legal needs of the elderly and disabled. They are experts at drafting and reviewing asset protection plans and preserving an individual’s legacy for their spouse and children. For more than 75 years, the firm has served the southern New Jersey and Philadelphia community.

To learn more, visit www.begleylawgroup.com or call 800-533-7227.

Colleen Caruso
Begley Law Group, P.C.
509 South Lenola Road, Building 7
Moorestown, NJ 08057

To learn more or to contact a New Jersey special needs planning attorney, New Jersey estate planning lawyer, or New Jersey Medicaid planning lawyer, call 1.800.533.7227 or visit http://www.begleylawyer.com.

Begley Law Group
509 S. Lenola Road, Building 7
Moorestown, NJ 08057
Tel: 800.533.7227

  • MILLER TRUSTS
    by Thomas D. Begley, Jr., Esquire, CELA For purposes of Medicaid long-term care services, New Jersey has always been an income cap state. That means that an individual’s income must not exceed 300% of the Federal Benefit Rate (FBR). Beginning January 1, 2015 that means that an individual’s monthly income cannot exceed $2,199. Historically, individuals in nursing homes were able to qualify for a “Medically Needy” program to spend their income down and qualify for Medicaid. Individuals requiring care in assisted living or at home were not eligible for the Medically Needy program and could not become eligible for Medicaid, [...]
  • The Voice® December 2014 – Official Newsletter of the Special Needs Alliance
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    CMS has released the Medicare and Medicaid numbers for 2015. They are as follows: Medicaid Income Cap[1] $2,199 Maximum Community Spouse Resource Allowance (CSRA)[2] $119,220 Minimum CSRA[3] $23,844 Maximum Minimum Monthly Maintenance Needs Allowance (MMMNA)[4] $2,980.50 MMMNA (July 1, 2014 until June 30, 2015)[5] $1,966.25 Excess Shelter Allowance (July 1, 2014 until June 30,   2015)[6] $589.88 Maximum Resource Limit (Individual)[7] $2,000 Minimum and Maximum Cap on Equity in the Home[8] $552,000 –  $828,000 Medicare Part A Medicare Co-Payment – Skilled Nursing Facility (SNF)[9] $157.50 Hospital Deductible[10] $1,260 Per day Co-Insurance – Day 61 -90[11] $315 Per day Co Insurance – [...]


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