Medicaid Trusts

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...

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...

With Congress about to break for a two week Spring recess, the repeal of Obamacare appears to have stalled and remains uncertain....

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...

The look-back period is very different from the penalty period and as always the rules are different depending on whether you are seeking...

If you are reading this article, it is likely that at some point in your lifetime you may have worked through the placement of a loved...

Estate planning documents need to be regularly reviewed. I often tell clients to review their estate plan every three to five years or...

I recently entered the world of beekeeping. When contemplating this new hobby, I obviously vetted my ideas with friends and family (not...

In Yorktown, NY and the surrounding community, I often see the homestead as the single most valuable asset of an estate. The “American...

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...

Over the years, I have found that one of the biggest obstacles preventing clients from pulling the trigger on a Medicaid Trust is the...

Medicaid has strict asset rules that compel many applicants to “spend down” their assets before they can qualify for coverage. It is...