Planning for long-term care during a recession can be incredibly overwhelming, and continuing to pay for long-term care during a recession can be even more intimidating. If you or a loved one is thinking about purchasing long-term care insurance during this time of looming recession, it’s important to know how the next few months or […]
Whether you’re planning to retire before the end of the year or you’re worried about how the looming recession might affect your retirement in the coming year, don’t panic. While you don’t necessarily have to worry about being laid off, there might be some concerning moments regarding your involvement in the stock market. Even though […]
What is the NHTD Program? The Nursing Home Transition and Diversion (NHTD) Medicaid Waivered is a Home and Community-Based Services program that uses Medicaid funding to support and assist individuals with disabilities as well as seniors to promote community inclusion. When informal supports locally funded services, and Medicaid State Plan services do not meet a […]
Preparing your will with the help of an experienced and knowledgeable attorney can help prolong your and your family’s legacy and finances. While some individuals think they are too young or too financially baren to begin preparing a will, it’s important that you know the benefits of creating your will, no matter your personal or […]
Over the last two years, the state of New York has made several changes to the Medicaid home care program. If you’re trying to establish a plan or find care for a loved one, these changes have probably made an already stressful situation all the more chaotic. One of the changes that have been made […]
In New York, nursing home Medicaid has a 5-year lookback period. That means if an individual goes into a nursing home (or rehab) and applies for Medicaid to cover the bill, Medicaid will look back at the individual’s records for the past 5 years to see if any gifts – or transfers – were made to […]
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In 2021, New York implemented a shorter look-back period for Medicaid applications for Community-Based Long Term Care Services, or home care. Under these new regulations, New York Medicaid applicants are ineligible for home care if they transfer assets within 30 months, or two and a half years, prior to applying for Medicaid benefits. However, COVID-19 […]
“Clean House” After being out at the beginning of the year because of a major COVID ordeal, I’ve decided to share my story, along with a few tips to help my clients avoid a similar nightmare situation. If you’ve just stumbled upon this post, be sure to check out Part One and Part Two for […]
“Act Immediately” At the beginning of this year, I was out of commission dealing with a major COVID-19 ordeal. I have decided to publish this three-part blog series in order to provide actionable tips anyone can use to avoid a similar nightmare situation. For the full context of my story, you can visit the first […]
