Irrevocable trusts can be utilized for Medicaid planning in New York to safeguard assets from being considered for Medicaid eligibility. Once assets are placed in an irrevocable trust, they cannot be reclaimed by the grantor. This strategy can help individuals qualify for Medicaid while preserving some assets for their beneficiaries. However, it is crucial to […]
Click HERE to read Lori Somekh’s article “Medical Appeals” in the Elder Law and Special Needs Law Journal: Vol. 33 No. 1
While planning for the care of aging loved ones or oneself may not be the most exciting topic, it is essential to understand the benefits and requirements of Medicaid. Medicaid can provide coverage for necessary care, ensuring that your or your loved one’s quality of life is maintained without the financial burden of healthcare expenses. […]
Probate can be a complicated, expensive, and time-consuming process. It is the last thing you would want to think about after the death of a loved one. Therefore, it is essential to understand it and how you can prevent beneficiaries from going through the process. What is Probate? Probate is a legal process that involves […]
Demand for home care is rising in New York, due to the large, rapidly aging Baby Boomer population and a cultural shift toward growing old in place rather than in group facilities. But recruiting home health aides to do the job has become increasingly difficult. Home care staffing agencies and disabled New Yorkers who receive state […]
In view of the ongoing pandemic, there are three things you will want to make sure you’ve taken care of ahead of time, just in case…… Advance Directives The term Advance Directives refers to the Durable Power of Attorney (DPOA) and the Health Care Proxy (HCP). The DPOA is used to designate a person or […]
