Category Archives: Estate Planning
Spousal Refusal & New York Medicaid
In the U.S., the program that oversees most medical care for the elderly and disabled is Medicare, which offers coverage for many different types of service. That said, if a Westchester County resident needs long-term care, it is Medicaid that will cover those bills, assuming the person qualifies for benefits. Applying for New York… Read More »
Effective Asset Protection Strategies During The Medicaid Look-Back Period
When a Westchester County resident is seeking long-term care from Medicaid, too often they simply apply for care without planning properly, which can lead to many of their assets winding up in Medicaid’s hands instead of with their chosen beneficiaries. The far better option is to plan before the need for care arises –… Read More »
How To Tell If A Trust Is Right For My Estate?
When a person is starting their estate planning, their options can be overwhelming, and it is common to feel unsure about what may be best for their specific situation. A trust is one potential planning choice that is quite popular with many, but it is not always the best tool for everyone. It is… Read More »
Common Mistakes To Avoid In Estate Planning For Elders
New York estate planning is, in most situations, a fairly complex endeavor, and the stakes are high. You need the right Westchester County attorney to ensure that your wishes are respected and your assets go to the people you wish to have them. It is crucial that you and your attorney avoid the most… Read More »
Applying To Medicaid As A Married Couple Can Be Complex
When a person over the age of 65 decides to apply for Medicaid benefits, it can be a surprise to learn that in most cases, a married couple is treated as a unit for the purposes of income and other financial information. In some ways, seeking long-term care benefits as a married person is… Read More »
New York Advance Directives Protect Your Rights
No one wants to ever contemplate that there may be a time when they cannot speak for themselves. However, the sad fact is that it does happen, and sometimes, it can happen without warning. It is crucial that, once you hit a certain age, you have plans in place to ensure your wishes can… Read More »
Gifts and Estate Planning In New York
When a person is creating their estate plan, gifts to friends and loved ones are often contemplated and made during the donor’s lifetime. This is known as giving an inter vivos gift – ‘inter vivos’ meaning ‘between living people.’ One might think that simply giving gifts would be easy – but legally, it can… Read More »
Estate Planning With A Disabled Beneficiary Can Be Complex
When a person is planning their estate in Westchester County or Putnam County, it is something that should be taken very seriously. This is doubly true for those with disabled beneficiaries. A person may simply want to gift to a disabled person – out of a wish to support them, to pay for medical… Read More »
Life Estate Deeds & Medicaid Planning
Medicaid planning is the process by which a person divests themselves of assets in order to qualify for Medicaid-paid long-term care. It can be difficult to plan appropriately for Medicaid eligibility, because Medicaid requires a person not to have many assets in their own name, while most people want to preserve as many assets… Read More »
Changing My New York Will
As most people get older, they start to think about who will receive their assets when they are no longer alive to enjoy them. Estate planning attorneys can assist anyone who is interested in ensuring that their wishes are honored legally. The foundational document that most people use to start their estate plan is… Read More »