et seq<\/em>.<\/p>\nMedicaid Application Assistors Are Harming The Elderly And Their Families<\/u><\/p>\n
The Committee reported that non-lawyer advisors had advised a family member that she could receive money as a caregiver when the family member did not qualify for that status; advised a family member to spend down an IRA when it would have been more reasonable to purchase an annuity with the money; advised a family member to draw down her assets when it would have been more sensible to transfer the money to a disabled child; advised a family member to transfer real estate when it would have been prudent to address the significant tax implications of that plan; counseled people on wills and powers of attorney, the need for guardianship and the authority to transfer assets; counseled on the\u00a0 standards for Medicaid coverage, on nursing home laws, transfers of property, on the impact of marriage and divorce, and similar matters.\u00a0 Such erroneous and incomplete legal advice causes the applicant, beneficiary and family significant harm.<\/p>\n
Medicaid Planning Companies are Owned By Those In The Nursing Home Business<\/u><\/p>\n
These Application Assistance companies are not a bunch of disinterested parties.\u00a0 They are owned by the same people who own the major nursing facilities in the State. Of course, it\u2019s in their interest to get you to pay them.\u00a0 It\u2019s in their interest to control the application process so that the nursing home can start collecting money under Medicaid.\u00a0 If they control the process, there is little risk of a gap in payments.\u00a0 The nursing home will also receive the maximum amount of your loved one\u2019s money, because the Medicaid Assistor will not do the type of planning an elder law attorney will do: taking advantage of Medicaid regulations to transfer assets to a spouse, disabled child, create Medicaid annuities, establish trusts, or suggest ways to spend down that are favorable to a spouse who is staying at home.\u00a0 In fact, many times, you will pay more to these companies than you would have had you gone to an elder law attorney.<\/p>\n
Don\u2019t sign up for the nursing home\u2019s choice of Medicaid Planner<\/u><\/p>\n
Medicaid planning companies are not acting in your loved one\u2019s interest.\u00a0 It may be easy to just sign the contract along with the other papers given to you by the institution.\u00a0 But, you will be taking a risky step, and it may be very costly.<\/p>\n
\nRobert J. Shanahan, Jr. Esq. focuses his practice in estate planning, elder law and probate matters. Mr. Shanahan additionally practices in business law and non-profit matters. He is a trained, experienced mediator and offers dispute resolution services, particularly for those arising from probate and elder law matters. Additionally, Mr. Shanahan\u2019s firm, Law Offices of Robert J. Shanahan, Jr., LLC, offers a breadth of additional services to families and businesses throughout central New Jersey.<\/p>\n
Mr. Shanahan received his Juris Doctor from the Temple University School of Law in 1985, and obtained licensure in New Jersey in the same year. \u00a0He received a Bachelor of Arts degree in History in 1981 from William Paterson University, with honors. Robert is a member and Past President of the Hunterdon County Bar Association, and is a member of the New Jersey State Bar Association, and its Elder Law and Disability Section.\u00a0 He is also active in the National Academy of Elder Law Attorneys. Robert is a member of the Hunterdon Medical Center\u2019s Bio Ethics Committee and was awarded a Five Star Financial Services Professional Award for 2016.<\/p>\n
You may contact Bob at (908) 751-1551, or robert@legalcounselnj.com.<\/p>\n
\nTHE INFORMATION CONTAINED HEREIN IS MERELY AN EDUCATIONAL SERVICE TO PROVIDE BASIC, GENERAL INFORMATION AND IS NOT LEGAL ADVICE OF ANY SORT. FURTHER, BY EXPLORING THIS INFORMATION, YOU UNDERSTAND AND AGREE THAT NO ATTORNEY-CLIENT RELATIONSHIP IS BEING FORMED.<\/p>\n","protected":false},"excerpt":{"rendered":"
The \u201cHook\u201d That Is Offered To You By The Nursing Home Upon the admittance of a loved one to a care facility, a discussion of payment for services will take place.\u00a0 The nursing home will let you know when your loved one\u2019s money is likely […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,228,15,3096,3007],"tags":[],"_links":{"self":[{"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/posts\/11837"}],"collection":[{"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/comments?post=11837"}],"version-history":[{"count":0,"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/posts\/11837\/revisions"}],"wp:attachment":[{"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/media?parent=11837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/categories?post=11837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalcounselnj.com\/wp-json\/wp\/v2\/tags?post=11837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}