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Prenuptial Agreements Can Be an Estate Planning Tool
As more and more people marry more than once, prenuptial agreements have become an important estate planning tool. Without a prenuptial agreement, your new spouse may be able to invalidate your existing estate plan.
read moreStates May Not Terminate Medicaid Benefits During the Coronavirus Pandemic
Access to affordable medical care is especially important during a health crisis. New federal law prevents states that have accepted increased Medicaid funding from terminating Medicaid benefits during the coronavirus health emergency.
read moreThe Tzava’ah: Your Personal Legacy Document
Your Estate is Planned. You did the responsible thing. You engaged a professional to draft an Estate Plan. The documents are signed, sealed and notarized. You feel at peace that your family is cared for, your assets are assigned, and your estate will be peaceably...
read moreEstate Tax Planning During Coronavirus
The Coronavirus has not only overwhelmed us with health concerns, it also has had significant economic ramifications, as indicated particularly by the decline of the stock market. Though many are preoccupied with fears relating to the short-term effects on their...
read moreA Letter of Instruction Can Spare Your Heirs Great Stress
While it is important to have an updated estate plan, there is a lot of information that your heirs should know that doesn’t necessarily fit into a will, trust or other components of an estate plan.
read moreHow Your Stimulus Check Affects Medicaid Eligibility
The coronavirus relief bill includes a direct payment to most Americans. How will this sudden cash infusion affect the eligibility of those receiving Medicaid long-term care services?
read moreThree Changes You May Want to Make to Your Estate Plan Now Due to the Pandemic
You may need to reevaluate some elements of your estate plan in light of the coronavirus pandemic. There are unique aspects of this crisis that your current estate planning documents may not be suited to handle.
read moreMajor Changes to NY Community Medicaid Program
Included in the recently passed New York State 2020 State budget Bill are drastic changes that significantly affect eligibility for New York Community Medicaid – commonly used to obtain aides to assist with daily living. As of an anticipated start date of October 1,...
read moreThe Trump Administration Allows States to Choose Medicaid Block Grants
The Trump administration will allow states the option to cap Medicaid spending using block grants. While this change does not directly affect nursing home residents on Medicaid, it could result in significant service cuts to other beneficiaries.
read moreHow Does Medicaid Treat Income?
The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home.
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