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 Continue reading “Trust FAQs”
2023 and 2024 MEDICAID UPDATE: Medicaid Planning – Will You Be Able To Afford Healthcare When You Retire?
While vast numbers of middle class American retirees continue to legally qualify for Medicaid, most of us tend to think (incorrectly!) that if we are homeowners or make a decent living, we will not be eligible for Medicaid upon retirement. This article serves to dispel that myth and provide a basic understanding of the legal framework surrounding Medicaid Planning. Continue reading “2023 and 2024 MEDICAID UPDATE: Medicaid Planning – Will You Be Able To Afford Healthcare When You Retire?”
2022 MEDICAID LEGAL UPDATE AND JANUARY 2023 NEW CRITERIA ПЛАНИРОВАНИЕ МЕДИКЕЙДА: СМОЖЕТЕ ЛИ ВЫ СЕБЕ ПОЗВОЛИТЬ ОПЛАТУ ЗА МЕДИЦИНСКИЕ УСЛУГИ ВЫЙДЯ НА ПЕНСИЮ?
When to start estate planning?
Learn about the ideal stages in life and triggers for commencing to plan your estate. Why is 55 years old the magic number? Listen in to find out or check out the transcript.
Pooled Trusts and Medicaid Eligibility
This video explains Pooled Income Trusts and how they can help high income individuals qualify for Medicaid in New York.
Probate & Real Estate Podcast: Selling a Home After the Death of a Loved One
Learn about the various aspects of selling real estate that is inherited such as mortgage assumption, probate and estate costs, estate tax, and dealing with conflicting interests. Continue reading “Probate & Real Estate Podcast: Selling a Home After the Death of a Loved One”
Trust v Will – Difference Between a Trust and a Will
Pros, cons and differences between a Trust and a Will Continue reading “Trust v Will – Difference Between a Trust and a Will”
What is a Medicaid Trust?
Video transcript:
Michael Levitis 00:00
Good day, everybody. This is Michael Levitis, from Jurisq.com, with Irina Yadgarova, an estate and elder law planning attorney. And we always talk with Irina, regarding how to plan for your retirement, how to get yourself affordable and even free healthcare in the form of Medicaid. Continue reading “What is a Medicaid Trust?”
New Medicaid Income and Asset Eligibility Levels for 2023
Medicaid income and asset thresholds age 65 and up (or disabled) effective January 1, 2023 in New York
Simple and effective estate planning tip
Staying organized and leaving moral directives can save a lot of time, stress, money and aggravation for your heirs.