Disadvantages of a Medicaid TrustThe decision to incorporate a Medicaid Asset Protection Trust (MAPT) into your estate plan is nuanced, with a spectrum of con...What Is Spousal Refusal and How Does It Work?Medicaid planning is a crucial process for many families in New York, especially when one spouse requires long-term care that...Questions to Ask a Probate AttorneyUnderstanding the nuances of the probate process is crucial to safeguarding your loved one’s legacy and ensuring their final ...What is Community Medicaid?Community Medicaid serves as a lifeline for many individuals and families, bridging the gap between health needs and financia...Spend Down MedicaidMedicaid is an important health care program in New York, providing assistance to low-income individuals and families. Howeve...Medicaid Income Limits NY 2023For many Long Island residents, Medicaid serves as a critical safety net, providing access to quality healthcare services the...What Is a Medicaid Asset Protection Trust?The road to ensuring a secure future involves addressing various challenges, and planning for long-term medical care is unden...Medicaid Retroactive Coverage in New York: How Does It Work?Retroactive Medicaid in New York provides eligible individuals with the opportunity to receive healthcare benefits for expens...Can A Nursing Home Take Your House if it is in A Trust in New York?The prospect of long-term care can cast a shadow over the golden years of retirement, especially in New York with its high co...Who Keeps the Original Will on Long Island New York?In the course of our lives, it is essential to plan ahead for our loved ones’ financial and emotional well-being when we are ...Biggest Mistakes Parents Make When Setting Up a Trust FundTrust funds in New York are highly regarded as versatile financial tools that individuals, families, and organizations utiliz...What is the Letter of Administration in NY?When a person passes away without a Will in New York, the distribution of their assets is determined by the state’s laws and ...How Does New York State Gift Tax Work?Gift taxes are a financial obligation imposed on a person’s right to transfer property to another person without receiving fa...What Is the Difference Between an Executor vs. an Administrator?A person can wear many hats when it comes to estate planning. Depending on your role, you can be expected to perform specific...Advantages and Disadvantages of Creating a Living TrustEstate planning involves the effective use of the legal tools available to create a comprehensive estate plan that allows a p...Income Tax Rates for Trusts and Estates 2022Trusts are an estate planning tool that allows people to set aside their assets for a specific purpose. Depending on the kind...How To Apply for Medicaid on Long Island?Medicaid is a federal and state program that helps people with limited income to afford their essential healthcare needs. Com...5 Questions Attorneys Will Ask When Drafting a Will on Long Island