Tag: Family Limited Partnership

How Gifts Can Delay Medicaid Eligibility in New York

How Gifts Can Delay Medicaid Eligibility in New York: What You Need to Know

Posted onAuthorInna FershteynComments Off on How Gifts Can Delay Medicaid Eligibility in New York: What You Need to Know

It is common to want to help your grandchildren or children by helping with a down payment, covering part of a wedding, or simply giving a check as a birthday gift; however, under Medicaid rules, these gifts can have unintended consequences. Although these gifts are Read More …

Shield Your High Value NY Home Legal Tactics for Asset Protection

Shield Your High-Value NY Home: Legal Tactics for Asset Protection

Posted onAuthorInna FershteynComments Off on Shield Your High-Value NY Home: Legal Tactics for Asset Protection

For many upper-middle-class individuals, their primary residence is their most valuable asset. While many people assume that owning their home makes their property safe, this is often not the case. Increasing real estate values in New York City have led the values of many moderately-priced Read More …