What Are The Types Of Home Care Available
There are different types of home care available to Medicaid participants in Brooklyn. The kind of care the participant receives at home will be based on the Medicaid program they opt for according to their unique needs. However, you should know that not all Medicaid programs cover long-term care costs at home. Some only cover […]
What Options are Available to Avoid Probate in Bronx?
Probate is process that should be avoided by all means if you want your beneficiaries to get your assets in time without going through so much hardship. One of the common and best ways to prevent the probate process is by setting up a will; however, there are other available options. In this article, we’ll […]
Can making a gift before applying for Medicaid save assets?
The cost of long-term care is very expensive. Nursing home in NYC have an average cost of approximately $13,000 per month. While $13,000 seems like a meagre sum of money for the rich, it isn’t for the average senior. Due to the expensive nature of long-term care in the U.S., many American seniors are embracing […]
Is Home Care Covered By Medicaid?
Perhaps you or your elderly loved one are looking towards long-term care. You are considering getting the care at home rather than in an assisted living facility. But your question is, “Will Medicaid cover the cost of my home care?” Since most seniors now prefer to be cared for at home rather than in an […]
What are Some Common Misconceptions about Probate Process?
There are several misconceptions about probate which can mislead you as an estate owner or an estate executor. One of the most common misconceptions is that individuals can escape probate by simply drafting a will. Another misconception is that if you don’t have a will, all your assets will be transferred to the government. As […]
Are there Different Types of Probate in Bronx?
Probate is a process that sends shivers down the spine of any estate executor, or beneficiary. The process isn’t only difficult, it comes with a lot of stress, and is quite expensive. In Bronx, the probate process is usually done to determine the validity of a will, settle the affairs of the deceased, and distribute […]
Does Getting Medicaid Affect Medicare in Brooklyn?
You may currently be enjoying Medicare benefits. But then you realize you are also eligible for Medicaid. Now you’re wondering, does getting Medicaid affect Medicare? Will applying for Medicaid annul your eligibility for Medicare in Brooklyn? The answer is no. Medicare and Medicaid are entirely two different things. Getting Medicaid will not affect your Medicare; […]
How Does a Medicaid Asset Protection Trust Work in Bronx City?
A Medicaid Asset protection trust can be an instrumental tool for those intending Medicaid applicants who have excess assets. Remember that Medicaid is a government funded program meant for those who cannot afford the cost of private health care. So, if the value of your assets is more than a certain limit, you wouldn’t be […]
Who Should Apply For Medicaid?
Medicaid Brooklyn Medicaid is a government benefit available to low income and disabled individuals for the cost of their health care. There is no age limit for Medicaid as it is with Medicare. However, Medicaid basically caters to people who can’t afford the cost of healthcare or long-term care. Medicaid eligibility in Brooklyn The following […]
What Is A Medicaid Asset Protection Trust?
Medicaid Asset Protection Trust (MAPT) A Medicaid asset protection trust is an estate document used to keep away assets so that one can become eligible for Medicaid. It’s a great strategy adopted by elder law attorneys in Brooklyn to protect clients’ assets from being eaten up by their long term care costs. Why you should […]