Author Archives: Lori Somekh

Planning for Long-Term Care During a Recession

Learn more about planning for long-term care during a recession from Somekh & Associates.

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 […]

Retiring During a Recession

Learn more about retiring a recession from Elder Law Queens, Lori Somekh.

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 […]

The NHTD Program: A Possible Alternative to Managed Long Term Care

Learn more about the NHTD program from somekh & associates in New York.

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 […]

Interplay Between the Medicaid Home Care Lookback Period and the Nursing Home Lookback Period

medicaid lookback period

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 […]

Changes to NY Medicaid Look-Back Period

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 […]

What I Learned from COVID Part 3

What I Learned from COVID Part 3

“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 […]

What I Learned from COVID Part 2

What I Learned from COVID Part 2

“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 […]

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