July 2019 Archives

How is Medicaid eligibility determined?

Medicaid is a healthcare coverage program that is administered jointly by the federal government and the Government of New York State. It provides coverage to adults, children, elderlies and those with disabilities. According to federal laws, states are required to cover certain groups of individuals under this health program, based on certain parameters, in addition to mandatory inclusions such as low income families, pregnant women, children and recipients of Supplemental Security Income.

Trusts as part of asset protection in New York

Sometimes, people in New York and other states see that assets that were acquired and maintained through years of hard work end up in state coffers after the death of the owner of those assets. Oftentimes, that happens due to inadequate estate planning. As many people may already know, trusts can be a means of making sure that assets are protected.

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