Category: Uncategorized
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FAQ Regarding Trusts
June 6, 2020 Most Frequently Asked Questions on Trusts: Q: What is the difference between an Irrevocable and Revocable Trust? A: An Irrevocable Trust is the only type of trust that affords creditor protection and there are aspects of it that can never be changed by you
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Gift Giving and Medicaid
How Will Giving Gifts Affect My Medicaid in New York? If you are a senior or disabled individual receiving Medicaid in New York, your Medicaid eligibility is dependent on both your resources and income. It is also important to understand that nursing home Medicaid (institutional Medicaid) and homecare or (community Medicaid) have different thresholds for…