What assets are exempt from Medicaid in New Jersey?
What assets are exempt from Medicaid in New Jersey?
Exemptions include personal belongings, household furnishings, an automobile, irrevocable burial trusts, and generally one’s primary home. For home exemption, the Medicaid applicant must live in the home or have intent to return, and in 2022, their home equity interest must be no greater than $955,000. Feb 2, 2022
