So, a penalty has been imposed by Medicaid.  Now what do you do?  Can you return the assets?  How about returning some but not all of the assets?  On May 26, 2010, New Jersey issued a Medicaid Communication providing that in order to reduce the penalty period, all transfers for less than fair value made […]

It’s an issue I deal with frequently as an elder law attorney.  Melissa tells me she has been handling Mom’s finances for several years.  She writes checks from Mom’s checking account and transfers funds from Mom’s other accounts, as needed, to pay the bills.  She says she does it because she has power of attorney.  […]