How to Revoke a Revocable Trust in NY
The steps for revoking a revocable living trust are relatively simple, namely executing an official document of dissolution and the transfer of assets. A revocable [...]Read More
What’s the Best Way to Open a Conversation About Estate Planning?
Estate planning can be a tricky subject, particularly when your loved ones struggle to confront the prospect of their own mortality. This conversation does not [...]Read More
How to Incorporate Your Financial Plans into Your Estate Plan This Year
The new year provides incredible opportunities to capitalize on the momentum of transition and looking forward to the future. Keeping your goals very specific when [...]Read More
Which of My Accounts Need Beneficiary Designations?
Your will is the basic document in which you can name who you want to become guardian of your minor children and who you’d like [...]Read More
New Community Medicaid Penalties Coming Very Soon: Why Take an Unnecessary Risk?
On October 1, 2020 applicants for Community Medicaid will be subject to a new look-back period of 30 months. This means that if you apply [...]Read More
Get the Home Care You Need without Going Broke. Avoid New Community Medicaid Penalties
In 2019, the median cost of home care in New York was more than $50,000 per year. The good news is that Community Medicaid will [...]Read More
New Community Medicaid Transfer Penalties Go into Effect Next Month—Protect Yourself Now!
On October 1, 2020 applicants for Community Medicaid will be subject to a new look-back period of 30 months. This means that if you apply [...]Read More
New Transfer Penalties for Community Medicaid: Exempt Assets
As we mentioned in earlier emails, on October 1, 2020 applicants for Community Medicaid will be subject to a new look-back period of 30 months. [...]Read More
New Community Medicaid Transfer Penalties: How the Penalty is Calculated
We have seen that applicants for Community Medicaid will be subject to a new 30-month look-back period beginning October 1, 2020. Applicants who sold non-exempt [...]Read More