Medicaid Planning Attorney Brooklyn - New York Legacy Lawyers by Yana Feldman & Associates PLLC - [phone]

New York Legacy Lawyers by Yana Feldman & Associates PLLC

New York Legacy Lawyers, situated in Brooklyn, New York, is a prominent law firm that aids clients to steer through the complexities of estate planning and elder law. Our aim is to preserve our clients' independence and dignity, while ensuring their financial and personal legacies are secure.
Q: What measures can I take to protect my assets from Medicaid in NY?
A: The creation of an irrevocable Medicaid Asset Protection Trust (MAPT) is one possible approach in New York. An MAPT allows you to conserve your assets for your family's future. However, it's important to realize that once assets are moved into this trust, they usually cannot be taken back.
Q: Can Medicaid claim my home in NY?
A: As of 2021, the asset limit in New York was $15,900, but your home, up to an equity limit of $906,000, was not viewed as a countable asset. Nevertheless, Medicaid can seek reimbursement from your estate after you pass if you were a beneficiary.
Q: Is it possible for a nursing home to claim my house in New York State?
A: The state does not directly "take" your home. However, without proper planning, a forced sale of your home may occur if Medicaid seeks reimbursement after your death. If Medicaid is funding your nursing home care, they may also impose a lien on your property.
New York Legacy Lawyers by Yana Feldman & Associates PLLC
132 32nd St #301, Brooklyn, NY 11232, United States
[phone]
https://goo.gl/maps/ZFV5Fa25J7bNWD427
https://www.facebook.com/yanafeldmanlaw/
https://twitter.com/NYLegacyLawyers
https://www.pinterest.ph/NewYorkLegacyLawyers/newyorklegacylawyers/
https://soundcloud.com/new-york-legacy-lawyers/medicaid-planning-attorney-brooklyn-new-york-legacy-lawyers-by-yana-feldman
https://soundcloud.com/new-york-legacy-lawyers/sets/medicaid-planning-attorney
https://www.youtube.com/watch?v=Ni1lSpIV0ok
https://www.youtube.com/playlist?list=PLGk-rFqPo6MhAj-EqBb_qbs6Xl_duEv8Z
https://yanafeldmanlaw.com/brooklyn-medicaid-planning-attorney/
Bath Beach
Bay Ridge
Bedford-Stuyvesant
Bensonhurst
Bergen Beach
Boerum Hill
Borough Park
Brighton Beach
Brooklyn Heights
Brownsville
Bushwick
Canarsie
Carroll Gardens
Clinton Hill
Cobble Hill
Coney Island
Crown Heights
Cypress Hills
Ditmas Park
Downtown Brooklyn
DUMBO
Dyker Heights
East Flatbush
East New York
East Williamsburg
Flatbush
Flatlands
Fort Greene
Fort Hamilton
Fulton Ferry
Georgetown
Gerritsen Beach
Gowanus
Gravesend
Greenpoint
Greenwood Heights
Highland Park
Homecrest
Kensington
Lefferts Manor
Madison
Manhattan Beach
Marine Park
Midwood
Mill Basin
Mill Island
New Lots
Ocean Hill
Ocean Parkway
Paerdegat Basin
Park Slope
Plum Beach
Prospect Heights
Prospect Lefferts Gardens
Prospect Park South
Red Hook
Remsen Village
Rugby
Sea Gate
Sheepshead Bay
South Midwood
South Slope
Spring Creek
Starrett City
Stuyvesant Heights
Sunset Park
Vinegar Hill
Weeksville
West Midwood
Williamsburg
Windsor Terrace
Wingate