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My mother is receiving Community Based Medicaid. She owns a house in her sole name. She has received advice on what to do with the house such as transfer it to her children or to a trust. Are these options advisable?

Clients often ask how they can ensure the home in which they live or their vacation home can be protected against the cost of long term care. These assets are often worth much more to our clients than the cash value; they represent hard work to pay off the mortgage and are wrapped in memories.

If I go to a nursing home, will I have to spend all my assets before I can get on Medicaid?

I am the Executor of my father’s Estate. The Surrogate’s Court has asked me to provide them with an “Inventory of Assets”. What is an Inventory of Assets?

A common misconception of people researching the viability of Medicaid to pay for a Nursing Home is that the “well” spouse will be left with no assets. Despite Medicaid being a means tested program with strict income and asset requirements, there are protections for spouses who remain in the community.

My father is a World World II Veteran. He is 89 years old and lives alone. Unfortunately, his health is declining and he needs some assistance with his activities of daily living. What benefits might be available to him?

This past Wednesday, August 26th 2015, over 350 of our clients and their families joined us for our 2nd Annual Client Appreciation Event: Family Night at the Long Island Museum.

Beginning in March 2015, if you are Medicare and Medicaid eligible (dual eligible) in Suffolk County, you will receive a notice alerting you of the option to enroll in a FIDA plan. FIDA stands for Fully Integrated Duals Advantage.

My parents are currently in their 80s and still have their Last Will and Testaments which were prepared 40 years ago. The Wills say that everything goes to the surviving spouse and then to their children if the spouse is deceased. Are these Wills still valid? Are there any updates which should be made?

I am considering creating an Irrevocable Trust to protect my house and other assets, but I am concerned about creating a situation where my children will have to pay Capital Gains tax.