It's a major Medicaid myth to assume that if you gift money to your children, Medicaid can't take it away from you. Although it's technically true that Medicaid can't take it from you, the state does evaluate all gifts that you've made within the previous
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 and are eligible for Community Medicaid on or after October 1, and you made non-exempt asset transfers within 30 m
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 pay for home care, as well as for private duty nursing, personal care, or the assisted living program (ALP). The bad news is
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 and are eligible for Community Medicaid on or after October 1, and you made non-exempt asset transfers within 30 m
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. When the law takes effect, non-exempt assets sold below fair market value, transferred to others, or simply giv
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 assets below fair market value, transferred such assets to others, or simply gave them away wi
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 and are eligible for Community Medicaid on or after October 1, and you made non-exempt asset transfers within 30 mont
Many people are under the impression that while Medicaid will pay for nursing home care it does not cover the cost of home care. The truth is that in New York, Community Medicaid will indeed pay for home care. It will also pay for private duty nursing, p
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 and are eligible for Community Medicaid on or after October 1, and you made non-exempt asset transfers within 30 m
