Steve Garwood's Profile

Permitted Transfers





While most transfers are penalized with a period of Medicaid ineligibility of up to five years, certain transfers are exempt from this penalty. Even after entering a nursing home, you may transfer any asset to the following individuals without having to wait out a period of Medicaid ineligibility:



• Your spouse (but this may not help you become eligible since the same limit on both spouse's assets will apply)
  
• Your child who is blind or permanently disabled.
  
• Into trust for the sole benefit of anyone under age 65 and permanently disabled.
  
• Your child who is under age 21.
  
• Your child who has lived in your home for at least two years prior to your moving to a nursing home and who provided you with care that allowed you to stay at home during that time.
  
• A sibling who already has an equity interest in the house and who lived there for at least a year before you moved to a nursing home.

Permitted Transfers





While most transfers are penalized with a period of Medicaid ineligibility of up to five years, certain transfers are exempt from this penalty. Even after entering a nursing home, you may transfer any asset to the following individuals without having to wait out a period of Medicaid ineligibility:



• Your spouse (but this may not help you become eligible since the same limit on both spouse's assets will apply)
  
• Your child who is blind or permanently disabled.
  
• Into trust for the sole benefit of anyone under age 65 and permanently disabled.
  
• Your child who is under age 21.
  
• Your child who has lived in your home for at least two years prior to your moving to a nursing home and who provided you with care that allowed you to stay at home during that time.
  
• A sibling who already has an equity interest in the house and who lived there for at least a year before you moved to a nursing home.

Permitted Transfers





While most transfers are penalized with a period of Medicaid ineligibility of up to five years, certain transfers are exempt from this penalty. Even after entering a nursing home, you may transfer any asset to the following individuals without having to wait out a period of Medicaid ineligibility:



• Your spouse (but this may not help you become eligible since the same limit on both spouse's assets will apply)
  
• Your child who is blind or permanently disabled.
  
• Into trust for the sole benefit of anyone under age 65 and permanently disabled.
  
• Your child who is under age 21.
  
• Your child who has lived in your home for at least two years prior to your moving to a nursing home and who provided you with care that allowed you to stay at home during that time.
  
• A sibling who already has an equity interest in the house and who lived there for at least a year before you moved to a nursing home.
  

Permitted Transfers





While most transfers are penalized with a period of Medicaid ineligibility of up to five years, certain transfers are exempt from this penalty. Even after entering a nursing home, you may transfer any asset to the following individuals without having to wait out a period of Medicaid ineligibility:



• Your spouse (but this may not help you become eligible since the same limit on both spouse's assets will apply)
  
• Your child who is blind or permanently disabled.
  
• Into trust for the sole benefit of anyone under age 65 and permanently disabled.
  
• Your child who is under age 21.
  
• Your child who has lived in your home for at least two years prior to your moving to a nursing home and who provided you with care that allowed you to stay at home during that time.
  
• A sibling who already has an equity interest in the house and who lived there for at least a year before you moved to a nursing home.
  

Permitted Transfers





While most transfers are penalized with a period of Medicaid ineligibility of up to five years, certain transfers are exempt from this penalty. Even after entering a nursing home, you may transfer any asset to the following individuals without having to wait out a period of Medicaid ineligibility:



• Your spouse (but this may not help you become eligible since the same limit on both spouse's assets will apply)
  
• Your child who is blind or permanently disabled.
  
• Into trust for the sole benefit of anyone under age 65 and permanently disabled.
  
• Your child who is under age 21.
  
• Your child who has lived in your home for at least two years prior to your moving to a nursing home and who provided you with care that allowed you to stay at home during that time.
  
• A sibling who already has an equity interest in the house and who lived there for at least a year before you moved to a nursing home.

Remote Meter Reading

PSE&G offers meters that do not require us to come inside your home for a reading. For a fee, PSE&G can install an electronic remote transmitter (or ERT)with no wiring, that can be read from outside. There is a small monthly charge for this service. For information, please call PSE&G Customer Service at 1-800-436-PSEG (7734).