Why You Should Work With An Attorney On A Medicaid Application It is not required to get an attorney to apply for Medicaid. When you enter a nursing home, the facility will generally offer to do it for you—for free! So why should you actually hire and pay an elder law attorney to handle it?…
What to know about Medicaid’s 5-Year Look-Back Period Nursing homes in the Hudson Valley can cost upwards of $15,000.00 per month. Qualifying for Medicaid to get those costs covered is critical. You may have heard that there is a five-year look back period if you want to shield your assets from nursing homes. Here’s what…
The Hidden Dangers of Gifting to Family Members As people get older and retire, many express an interest in gifting to younger family members and sharing their savings with those who need help. A common misunderstanding about gifting stems from the IRS annual gift exclusion. Many of my clients correctly identify that any individual may…
