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Вміст надано Seth Schlessel. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Seth Schlessel або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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Medicaid planning attorney Garden City - Schlessel Law PLLC - (516) 574-9630

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Manage episode 375558304 series 3504394
Вміст надано Seth Schlessel. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Seth Schlessel або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Schlessel Law PLLC, nestled in Garden City, New York, is a law firm committed to aiding clients in managing their legal affairs. We concentrate on elder law, estate planning, and Medicaid planning, striving to ensure our clients' futures are well-secured.
Q: What assets does New York's Medicaid program exempt?
A: In New York, Medicaid exempts certain assets for eligibility determination. These usually encompass your main residence, personal items, household goods, one automobile, burial funds up to $1,500, a life insurance policy with a cash value up to $1,500, non-refundable prepaid funeral agreements, and IRA's and 401K's in payout status.
Q: How can I secure my assets from Medicaid implications in NY?
A: Consider establishing a Medicaid Asset Protection Trust (MAPT) to secure your assets from Medicaid in NY. It's an irrevocable trust, so once assets are moved into it, they typically cannot be moved back. However, once your assets are held in the trust, Medicaid no longer views them as your personal property or as assets that could potentially be used to cover your expenses.
Q: Is it a must to repay Medicaid in NY?
A: Yes, Medicaid does require repayment from any residual assets upon the death of a benefits recipient. As a federal program administered at the state level, Medicaid requires repayment in all states, though the process and specifics can differ from state to state.
Schlessel Law PLLC
34 Willis Ave Suite 300, Mineola, NY 11501, United States
(516) 574-9630
https://goo.gl/maps/nDVr3Uxh5AzAMDEu8
https://www.youtube.com/watch?v=6dUwLb8gddo&ab_channel=SchlesselLawPLLC
https://www.youtube.com/playlist?list=PLhm99FOYeN3uxizJe5rxL6eC6jYUkcX0v
https://www.schlessellaw.com/long-island-medicaid-planning-attorney/
https://www.facebook.com/Schlessellaw/
https://twitter.com/SchlesselLawNY
https://soundcloud.com/schlessellaw/medicaid-planning-attorney-garden-city-schlessel-law-pllc
https://soundcloud.com/schlessellaw/sets/medicaid-planning-attorney
https://www.pinterest.com/schlessellaw/schlessel-law-pllc/
https://www.lawyers.com/inwood/new-york/seth-schlessel-300736936-a/
https://www.avvo.com/attorneys/11096-ny-seth-schlessel-4628637.html
https://www.martindale.com/attorney/seth-etan-schlessel-300736936/
Other Services we are known for:
Asset Protection
Elder Law
Estate Planning
Medicaid Planning
Wills and Trusts
Guardianship
GBP categories
Estate planning attorney
Elder law attorney
Areas we serve:
Eastern Section
Central Section
Western Section
Estates Section
Mott Section
Open Hours
24/7
Related topics
law
law firm
lawyer
court
personal injury lawyer
estate planning
elder law
startup
asset
personal injury
Mineola
Nassau County
Long Island
New York
laws
lawyers
attorney
attorneys
courts
experience
personal injury attorney
startups

  continue reading

3 епізоди

Artwork
iconПоширити
 
Manage episode 375558304 series 3504394
Вміст надано Seth Schlessel. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Seth Schlessel або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Schlessel Law PLLC, nestled in Garden City, New York, is a law firm committed to aiding clients in managing their legal affairs. We concentrate on elder law, estate planning, and Medicaid planning, striving to ensure our clients' futures are well-secured.
Q: What assets does New York's Medicaid program exempt?
A: In New York, Medicaid exempts certain assets for eligibility determination. These usually encompass your main residence, personal items, household goods, one automobile, burial funds up to $1,500, a life insurance policy with a cash value up to $1,500, non-refundable prepaid funeral agreements, and IRA's and 401K's in payout status.
Q: How can I secure my assets from Medicaid implications in NY?
A: Consider establishing a Medicaid Asset Protection Trust (MAPT) to secure your assets from Medicaid in NY. It's an irrevocable trust, so once assets are moved into it, they typically cannot be moved back. However, once your assets are held in the trust, Medicaid no longer views them as your personal property or as assets that could potentially be used to cover your expenses.
Q: Is it a must to repay Medicaid in NY?
A: Yes, Medicaid does require repayment from any residual assets upon the death of a benefits recipient. As a federal program administered at the state level, Medicaid requires repayment in all states, though the process and specifics can differ from state to state.
Schlessel Law PLLC
34 Willis Ave Suite 300, Mineola, NY 11501, United States
(516) 574-9630
https://goo.gl/maps/nDVr3Uxh5AzAMDEu8
https://www.youtube.com/watch?v=6dUwLb8gddo&ab_channel=SchlesselLawPLLC
https://www.youtube.com/playlist?list=PLhm99FOYeN3uxizJe5rxL6eC6jYUkcX0v
https://www.schlessellaw.com/long-island-medicaid-planning-attorney/
https://www.facebook.com/Schlessellaw/
https://twitter.com/SchlesselLawNY
https://soundcloud.com/schlessellaw/medicaid-planning-attorney-garden-city-schlessel-law-pllc
https://soundcloud.com/schlessellaw/sets/medicaid-planning-attorney
https://www.pinterest.com/schlessellaw/schlessel-law-pllc/
https://www.lawyers.com/inwood/new-york/seth-schlessel-300736936-a/
https://www.avvo.com/attorneys/11096-ny-seth-schlessel-4628637.html
https://www.martindale.com/attorney/seth-etan-schlessel-300736936/
Other Services we are known for:
Asset Protection
Elder Law
Estate Planning
Medicaid Planning
Wills and Trusts
Guardianship
GBP categories
Estate planning attorney
Elder law attorney
Areas we serve:
Eastern Section
Central Section
Western Section
Estates Section
Mott Section
Open Hours
24/7
Related topics
law
law firm
lawyer
court
personal injury lawyer
estate planning
elder law
startup
asset
personal injury
Mineola
Nassau County
Long Island
New York
laws
lawyers
attorney
attorneys
courts
experience
personal injury attorney
startups

  continue reading

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