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Category Archives for Medicaid and Asset Protection
Cona Elder Law Legal Alert – Penalty Period for Veterans Benefits
** Legal Alert **Senate Proposal to ImposePenalty Periods for Veterans BenefitsSenator Ron Wyden (D-Or.) introduced legislation in the United States Senate calling for the imposition of a look-back period and […]
Continue readingCona Elder Law Legal Alert – NY Passes Budget Bill: Good for Seniors
New York State Passes Budget Bill:Good News for Seniors Governor Andrew Cuomo, again this year, was successful in getting the state budget bill passed on time by the April 1st deadline. […]
Continue readingCona Elder Law Legal Alert – New York Partnership for Long Term Care
** Legal Alert **New York State JoinsNational Reciprocity Compactfor Partnership Long-Term Care Policies New York State has long had its own long-term care insurance program called the New York State Partnership […]
Continue readingMedicaid and Promissory Notes: The Challenge Continues
February 2012by Jennifer B. Cona, Esq.Asset protection planning via a promissory note has now been employed for several years in the Medicaid context. The technique has been modified over the […]
Continue readingDeath Before Determination: Securing Retroactive Medicaid Home Care Benefits
Winter 2011by Jennifer B. Cona The application process for Medicaid home care benefits is often a trying one, not because of documentation requirements but because of long delays in the various […]
Continue readingCona Elder Law Offers Free Hotline on New York’s New Medicaid Laws and Estate Recovery
Anyone who is a recipient of Medicaid benefits and anyone who has engaged in asset protection planning is in for a rude awakening. New York State has just passed a […]
Continue readingSeniors Told At “Senior Strategies Conference” To: Plan Ahead In Order To Protect Assets Now In Uncertain Federal And State Budget Environment
May 2011 With the expected Medicaid cuts and other changes on the local level, many of which are already effective under Cuomo’s state budget legislation, over 220 seniors attended a recent […]
Continue readingCona Elder Law’s Senior Strategies Conference — May 17 & 18, 2011 — Medicaid and Estate Tax Laws: The Rules, They are A’Changin’. Cona Elder Law Gives Tips on How to Protect Your Assets
As Governor Cuomo continues to make drastic budget cuts and limit Medicaid expenditures, there will be dramatic changes to the care seniors and the disabled are able to access. Those […]
Continue readingTax Planning vs. Medicaid Planning: Know The Rules to Avoid Costly Mistakes
April 2011A couple in their 80’s made annual exclusion gifts of $13,000 per year to their 12 family members, including their children and their children’s spouses as well as grandchildren. […]
Continue readingCuomo’s Medicaid Conundrum: The Right Fix Takes the Right Team
by Jennifer B. Cona, Esq. In a sweeping gesture on a hot-button topic, Governor Cuomo boldly announced the creation of a “Medicaid Redesign Team” in his State of the State address […]
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