Protecting a Long-Term Care Patient from Going into Debt
Date: May 31, 2023 9:00 a.m. – 12:00 p.m.
Assisted living facilities and nursing homes are expensive. Care often costs upwards of $10,000 per month. This program will address two scenarios that affect thousands of people who are about to enter long-term care facilities. You will learn 1. how to protect a long-term care patient’s primary residence and also 2. How to guard their family members from going into debt.
State and federal law prohibits nursing homes from requiring a family member to guarantee payment of the resident’s bill. Yet, many nursing homes subvert this prohibition by designating these family members as responsible parties in the admission agreement. This program will examine responsible party litigation through a review of the seminal case in New Jersey, Manahawkin Convalescent v. O’Neill, 217 N.J. 99 (2014). Learn tips to help protect family members from this practice.
Also, we will outline the strategies and pitfalls in protecting your client’s home from long term care costs. Learn when a primary residence can and should be transferred without Medicaid penalty. We will discuss what you need to show to support the transfer and how to avoid missteps. We will analyze the various options for transferring a home and when each should be considered. Lastly, we will discuss drafting considerations for Medicaid Asset Protection trusts for the home.
Important Information About Our Events, Meetings, and More:
To secure your spot and receive important updates about our events, meetings, and other gatherings, such as schedule changes, remember to register in advance.
Cancellation and Refund Policy:
If you need to cancel your registration and are not transferring to another program or date, please submit a written request to us at least three business days before the event, meeting, or gathering. You will receive a refund minus a $20.00 cancellation fee. No refunds or registration changes will be issued within three business days of the event, meeting, or gathering.
Registered participants will be notified of any schedule changes. For updates regarding inclement weather, please check your email or visit NJSBA.com.
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Scholarship & Financial Assistance Policy:
Read our Scholarship & Financial Assistance Policy and submit an Application here: https://njsba.com/njicle/cle-programs/scholarship/