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Burner Prudenti Law Sponsors TBR News Media Salute to Women Issue
We are honored to celebrate Women's History Month by sponsoring the TBR News Media Salute to Women issue. This special issue celebrates the contributions and achievements of women in business.
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 husband is currently receiving services through the Community Medicaid program. He is using a Pooled Income Trust to preserve his excess income. I heard that there are changes that may affect his ability to use the Pooled Income Trust in the future, is this correct?
Assuming your father meets the asset requirements for Medicaid, his income will not hinder his ability to qualify for Medicaid benefits. More importantly, he will be able to receive the homecare benefits without losing his monthly income.
This week’s column is a continuation of our column from last week where we answered questions regarding tax-deferred annuities, the different types and the tax benefits and consequences of purchasing or owning one. Included in the questions posed last week was “what are the Medicaid implications for the owner of an annuity.”
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There is a BIG change on the horizon for asset and income limits for long term care Medicaid recipients.
When residential property is owned by a trust, the trustee may sell the property if the terms of the trust permit it. The trust would be the seller of the property and the trustee must sign the listing agreement, contract of sale and closing documents.