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Long-Term Care
Is it true I can gift $15,000.00 without jeopardizing Medicaid eligibility for nursing home care?
Co-authored by Joanna C. Feldman This is a question we’re continually asked, so we’re glad we have another opportunity to clear things...

Salvatore Di Costanzo
Four Estate and Elder Law Planning Topics That You Should Not Neglect
We have all heard the saying “life is full of regrets”. I have compiled a list of the most common regrets that I often hear from...

Salvatore Di Costanzo
My uncle needs help caring for my aunt at home, but I've been told that their limited income is still too high to qualify for assistance. Is there anything I can do?
Co-authored by Joanna C. Feldman We’re so glad you asked this question, which shows pervasive misinformation that causes unnecessary...

Salvatore Di Costanzo
Avoiding a Medicaid Lien or Estate Claim
For many families, a good portion of their wealth exists through the equity in their home. The home may also be the most sentimental...

Salvatore Di Costanzo


AARP Sues California Nursing Home Over Resident Dumping
The legal wing of the AARP is suing a California nursing home that refused to readmit a resident whom the nursing home had sent to the...

Salvatore Di Costanzo
How does Medicaid treat the 529 plans for my grandchildren?
A 529 plan is a very common planning technique used by grandparents to fund a grandchild’s college education. Simply stated,...

Salvatore Di Costanzo
My Father is 85 years old and needs care. He never did any planning - is it too late?
Contrary to popular belief, it is never too late. An elder law attorney can work to implement many different techniques even at the...

Salvatore Di Costanzo
Spending Down Your Assets is Not a Plan!
In a perfect world, everyone would craft an estate and elder care plan well in advance of having to implement it˗ but the world isn’t...

Salvatore Di Costanzo


GOP Tax Plan Could Deal Blow to Seniors Paying for Long-Term Care
The tax plan put forward by the Republican-led House of Representatives would eliminate many current deductions, and getting rid of one...

Salvatore Di Costanzo


Nursing Home Costs Rise Sharply in 2017
The median cost of a private nursing home room in the United States has increased to $97,455 a year, up 5.5 percent from 2016, according...

Salvatore Di Costanzo
What is the difference between the look-back period and the penalty period for Medicaid purposes?
Often confused, the look-back period and the penalty period are two distinct concepts in Medicaid planning. It is important to...

Salvatore Di Costanzo


Why You Should Use a Lawyer for Medicaid Planning
Many seniors and their families don't use a lawyer to plan for long-term care or Medicaid, often because they're afraid of the cost. But...

Salvatore Di Costanzo
What happens if I set up a Medicaid Trust and go into a nursing home within five years?
Unfortunately, we cannot control if and when we may fall ill but we can be proactive to protect our financial assets by planning early....

Salvatore Di Costanzo
What is the difference between a revocable trust and an irrevocable trust?
It is worth noting at the outset that there are many types of irrevocable trusts. I think it is safe to assume that when you reference...

Salvatore Di Costanzo


The Federal & New York Estate Tax: Things to Look Out for Before Making Gifts
For 2017, the federal lifetime estate and gift tax exemption have increased to $5,490,000. This means that you can gift this amount over...

Salvatore Di Costanzo
Medicaid Planning in Advance of Changes to the Healthcare System
With Congress about to break for a two week Spring recess, the repeal of Obamacare appears to have stalled and remains uncertain....

Salvatore Di Costanzo
My Friend Is An Attorney
This is a real fact pattern. I recently met with a family whose 86 year old Mother was admitted to a nursing home for dementia. They...

Salvatore Di Costanzo
Why It is Inadvisable to Transfer Your House to Your Children
At some point, most people experience that enlightening moment when they realize there is a risk of losing their assets if they fall ill...

Salvatore Di Costanzo
Medicaid Planning: The Difference Between the Look-Back Period and the Penalty Period
The look-back period is very different from the penalty period and as always the rules are different depending on whether you are seeking...

Salvatore Di Costanzo
The Intersection of IRAs and Long-Term Care
Second to the house, an individual retirement account (“IRA”) is usually the largest asset when looking into someone’s financial...

Salvatore Di Costanzo
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