One of the biggest concerns many people have about growing older is spending the assets they earned over a lifetime to pay for nursing home care. The cost of nursing home care is astronomical. According to the New Jersey Department of Human Services, the average daily...
Medicaid Planning / Nursing Home Planning
Nursing home planning is a gift to loved ones
On behalf of Michael A. Manna & Associates | Nov 1, 2015 | Medicaid Planning / Nursing Home Planning
When many New Jersey families consider planning for the chance that loved ones might need nursing home care, the focus is on giving family members the care and respect they deserve. It is important to note, however, that taking care of nursing home planning is...
Retirement and Medicaid planning are linked
On behalf of Michael A. Manna & Associates | Feb 12, 2015 | Medicaid Planning / Nursing Home Planning
As many New Jersey residents approach retirement, their financial goals shift from those held in previous stages of their lives. Instead of considering how to budget for raising a family and purchasing a home, older Americans have to think about how they will fund the...
Nursing home planning an issue baby boomers must face
On behalf of Michael A. Manna & Associates | Feb 5, 2015 | Medicaid Planning / Nursing Home Planning
As baby boomers continue to age, they face a number of issues that are far different from the concerns faced by their parents. Advances in medicine and technology have increased the average American life span, and many baby boomers in New Jersey and elsewhere can...
Navigate Medicaid planning with help from a legal professional
On behalf of Michael A. Manna & Associates | Jan 22, 2015 | Medicaid Planning / Nursing Home Planning
Medicaid planning is a complex process. Many New Jersey residents do not understand how to qualify or what they should do while Medicaid planning in order to secure the assistance they deserve. Legislation passed in recent years now makes it more important than ever...
Medicaid planning a sound financial goal in the New Year
On behalf of Michael A. Manna & Associates | Jan 2, 2015 | Medicaid Planning / Nursing Home Planning
As 2015 begins, many in New Jersey have taken the time to consider things they would like to accomplish in the coming year. For many, planning for their retirement and beyond is at the top of that list. In addition to traditional estate-planning needs, many...
Nursing home planning can help New Jersey families
On behalf of Michael A. Manna & Associates | Aug 25, 2014 | Medicaid Planning / Nursing Home Planning
Estate planning and planning for future medical needs can be overwhelming for New Jersey families. With so much to consider, it is hard to know if everything has been covered adequately. One aspect of planning for the future includes making arrangements for extended...
Addressing the need for nursing home planning
On behalf of Michael A. Manna & Associates | May 25, 2014 | Medicaid Planning / Nursing Home Planning
When many New Jersey residents consider their estate plan, they focus on ensuring that they can pass their assets on to their loved ones in the manner that they wish. While this is a vital aspect of estate planning, there are other parts of the process that are just...
Check facility ranking during nursing home planning
On behalf of Michael A. Manna & Associates | Feb 26, 2014 | Medicaid Planning / Nursing Home Planning
For New Jersey families who are looking into their options for late-life care facilities, there are a number of tools and resources available. One of those lies in the yearly ranking of nursing homes conducted by U.S. News and World Report. The annual evaluation is...
Medicaid planning must be realistic
On behalf of Michael A. Manna & Associates | Feb 14, 2014 | Medicaid Planning / Nursing Home Planning
For many in New Jersey, estate planning includes an estimation of how Medicaid will factor into one's later years. Medicaid provides many services to the American elderly population, such as covering the cost of doctor visits, medical procedures and medications....
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