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As we mentioned in the May edition of our newsletter, in April 2020, the NY State 2020 Budget Bill instituted a two-and-a-half-year look-back period for eligibility for New York Community Medicaid – i.e., the program which covers long-term home care services. Although...

With the SECURE Act making changes to rules about inherited IRAs, instead of leaving your IRA to your children, you may want to consider leaving it to a charitable remainder unitrust, which can still benefit your children. 

Transferring assets to qualify for Medicaid can make you ineligible for benefits for a period of time. Before making any transfers, you need to be aware of the consequences. 

While many have bemoaned the reality that a Power of Attorney (“POA”) can be misconstrued as a grant of authority to steal, the potential tax consequences of such a scenario have been largely neglected. In a recent case, Nice v. United States, it was determined that...

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.

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...