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Medicaid announced that they are again delaying the implementation of the new look-back rules for Homecare services (including all Community based, long-term care) and it appears that a penalty for transfers made on or after October 2020 will be imposed. The new...
What Does the Acronym ABLE stand for in NY? “ABLE” is an acronym for “Achieving a Better Life Experience” legislation which was signed into law by President Obama in December of 2014, as part of the Tax Increase Prevention Act of 2014. The legislative intent of ABLE...
The Process Probate is the Court proceeding brought by the Executor of an estate in order to transfer a decedent’s assets pursuant to their Last Will and Testament. Probate affects only those assets that do not transfer automatically by operation of law - such as...
