It’s not something most of us like to think about, but nearly half of all seniors will eventually require long-term care. In our blog, we discuss why Medicare doesn’t cover nursing home costs and how an attorney can help you structure your assets in a way that preserves your eligibility for valuable Medicaid benefits to cover this expense. To learn how we can assist with your specific Medicaid planning needs, please contact our office to request a free initial consultation.
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What Medicaid Does (and Doesn’t) Cover in New York Knowing what is covered by Medicaid and if you are eligible is crucial when your health takes a turn and you need a nursing home stay or in-home care. -
Elder Care in America and The Staggering Costs To age well and securely in America is at best expensive. The financial toll for millions and those families who do their best to care for and support them. -
Senior Living Costs, Medicaid, and 8 trillion dollars There is a dramatic increase in the need for affordable long-term support services in America. -
What New York Seniors Need to Consider Before Marrying Getting married is an exciting step no matter your age, but New York seniors need to consider potential financial problems before tying the knot. -
Important Changes to New York’s Medicaid Lookback Rules You Need to Know About While federal rules remain the same, state Community Medicaid has seen a major change that could have serious financial consequences for you and your family. -
Estate Planning During the COVID-19 Pandemic What is the status of your will? When did you last review it? Have you moved? Does your will reflect the laws of the state in which you live? -
HBO's John Oliver discusses recent problems in Long Term Care in America The Long Term Care crisis in America is the subject of John Oliver's attacks -
Your "Simple Will" May Simply Not Be Good Enough A will is a part of an estate plan, but it doesn't cover everything. When is a will not enough? -
Using a Medicaid Asset Trust for Nursing Home Coverage and Estate Planning An asset protection trust can help you avoid issues with Medicaid’s lookback period and keep your home available for your children. -
How does the $1.9 Trillion COVID Relief Act help seniors? The American Rescue Plan Act provides $1.9 trillion in relief, including many forms of assistance to seniors. -
How might estates be affected under proposed changes to Estate tax rules? The Biden Administration may make meaningful changes to the tax treatment of assets in estates, affecting many estates. -
Medicaid Crisis Planning Services by a Brooklyn Elder Law Attorney Long-term care often creates devastating financial impacts on Americans, particularly the elderly. Elder law attorney, Ted Alatsas is here to help you.