Can an Executor Decide Who Gets What?Understanding the defined roles and limitations of an executor during the probate process is fundamental in ensuring that an ...Estate Tax Exemption Sunset 2026With the impending reduction of the federal estate tax exemption in 2026, New York residents are positioned at a critical jun...What is a Spousal Lifetime Access Trust?A Spousal Lifetime Access Trust (SLAT) is a powerful estate planning tool designed to provide financial security for your spo...How Long Does Medicaid Pay for Nursing Home Care?Understanding how long Medicaid will cover nursing home care is crucial for individuals and families making long-term healthc...What is an Affidavit of Heirship in New York?Understanding the role and application of affidavits of heirship in the New York estate probate and administration process is...What is a Credit Shelter Trust?A credit shelter trust, also known as a bypass or family trust, is designed to help minimize estate taxes by allowing you to ...Estate Planning CostEstate planning is a crucial process for individuals and families who wish to ensure their assets are distributed according t...Disadvantages of a Medicaid TrustThe decision to incorporate a Medicaid Asset Protection Trust (MAPT) into your estate plan is nuanced, with a spectrum of con...What Is Spousal Refusal and How Does It Work?Medicaid planning is a crucial process for many families in New York, especially when one spouse requires long-term care that...Questions to Ask a Probate AttorneyUnderstanding the nuances of the probate process is crucial to safeguarding your loved one’s legacy and ensuring their final ...What is Community Medicaid?Community Medicaid serves as a lifeline for many individuals and families, bridging the gap between health needs and financia...Spend Down MedicaidMedicaid is an important health care program in New York, providing assistance to low-income individuals and families. Howeve...Medicaid Income Limits NY 2023For many Long Island residents, Medicaid serves as a critical safety net, providing access to quality healthcare services the...What Is a Medicaid Asset Protection Trust?The road to ensuring a secure future involves addressing various challenges, and planning for long-term medical care is unden...Medicaid Retroactive Coverage in New York: How Does It Work?Retroactive Medicaid in New York provides eligible individuals with the opportunity to receive healthcare benefits for expens...Can A Nursing Home Take Your House if it is in A Trust in New York?The prospect of long-term care can cast a shadow over the golden years of retirement, especially in New York with its high co...Who Keeps the Original Will on Long Island New York?In the course of our lives, it is essential to plan ahead for our loved ones’ financial and emotional well-being when we are ...Biggest Mistakes Parents Make When Setting Up a Trust FundTrust funds in New York are highly regarded as versatile financial tools that individuals, families, and organizations utiliz...