Contrary to popular belief, you don’t need to spend all your assets to qualify for Medicaid benefits for long-term care. Refer to our article library for helpful information regarding Medicaid planning strategies seniors can use to preserve assets for heirs while obtaining benefits to pay for the cost of an extended nursing home stay. To learn how to create a plan that fits your specific financial situation, contact our office to request a free initial consultation.
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For many families with a special needs child, a special needs trust is one of the most important components of the family’s overall estate plan.A properly designed and implemented special needs trust can provide a number of important benefits.
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Social Security is America's most widely utilized retirement plan, and a source of the majority of income for millions of Americans.A majority of elderly Americans receive at least half of their income from Social Secuirty benefits earned during a lifetime of work.
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When should a family consider a trust as part of an estate plan, and what type of trust should they use?A living trust can be a powerful tool in implementing an effective estate plan, providing many benefits including asset protection and probate avoidance.
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How to Protect Your Assets While Preserving Your Medicaid EligibilityWith the high cost of long-term care in New York, planning for Medicaid is critical to preserving hard-earned assets. Our Brooklyn attorney explains.
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Handling a Medicaid Benefit Denial in New YorkThe Medicaid application process is complicated and denials are common, but they aren't the end of the line. Talk to a lawyer for help appealing the decision.
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Understanding Countable Assets When Applying for Medicaid CoverageMedicaid’s strict income and asset rules leave many disabled seniors scratching their heads. Here’s what you need to know to get the coverage you need.
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How to Protect Your Family From Estate Recovery If You Use Medicaid for Nursing Home CostsMedicaid can be extremely helpful for disabled seniors, but you need to plan ahead with an attorney to avoid losing your family’s home through estate recovery.
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Our 3 Pillars of Protection: Preserving assets, Providing Help, and Protect your FutureElder Law, Estate Planning, Bankruptcy, Asset Protection
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Listen to our latest radio interview about Elder Law and the services we provide.Talking about Elder Law and Estate Planning
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Why Medicare isn't enough to cover a long term stay in a nursing homeWhile Medicare does provide some coverage for a nursing home stay, there are limitations. This article describes those limitations.
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How a Pooled Income Trust Can Help With Medicaid Income RequirementsMedicaid’s maximum income caps are devastating for disabled or elderly New Yorkers, but a pooled income trust may help alleviate your monthly money troubles.
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What is long term care?Long-term care can take on many forms - home care, nursing home, skilled nursing facility, adult day care, and assisted living. This article describes them.