Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Last updated: May 29, 2026 | By Inna Fershteyn, Esq. | Reading time: ~9 minutes The New York estate tax exemption for 2026 is $7,350,000 per individual — the amount a person can pass to his beneficiaries before any New York State estate tax is
Last updated: May 22, 2026 | By Inna Fershteyn, Esq. | Reading time: ~10 minutes A revocable trust can be changed or undone by the grantor at any time during his lifetime; an irrevocable trust generally cannot. That single distinction drives every other difference: a
Last updated: May 20, 2026 | By Inna Fershteyn, Esq. | Reading time: ~9 minutes The Medicaid 5-year lookback in New York reviews every asset transfer you made in the 60 months before applying for nursing home Medicaid. The state calculates a penalty period by