Let Us Reintroduce Ourselves
As we welcome the New Year, we would like to remind you about the many services and practice areas available at Russo Law Group, P.C. Whether you have been a part of Team Russo for years or recently became a…
Can a Family Caregiver Get Paid by Medicaid?
** This article has been revised from its original version which was published on April 19, 2019. Yes, you can get paid through Medicaid as a family caregiver to your loved one through a program called Consumer Directed Personal Assistance…
End of Public Health Emergency for NY Medicaid
Although it may not seem that Covid-19 is a thing of the past, according to New York State’s Medicaid program, some of the relaxed rules enacted during the pandemic are quickly coming to an end. What Is Changing? During the…
Medicaid 2023 Update
MEDICAID 2023 UPDATE COMMENCING JANUARY 1ST, THERE ARE NEW MEDICAID AMOUNTS AFFECTING MEDICAID ELIGIBILITY. 2023 ASSET AND INCOME ALLOWANCES One Person Two Person Income Level *including $20 unearned income disregard $1,583 $2,126 Medicaid Resource Level $28,133 $37,902 2023…
Vincent Russo on CFN Live: Medicaid Home Care: Know Your Legal Rights
Watch Vincent J. Russo Legal Correspondent on Catholic Faith Network’s CFN Live! Vincent appeared on CFN Live on November 22nd to discuss "Medicaid Home Care: Know Your Legal Rights" https://www.youtube.com/watch?v=j9RyyNq4VWo Vincent J. Russo addresses the Medicaid Home Care Eligibility…
What is a Life Estate?
** This article has been revised from its original version which was published on December 6, 2017. When discussing estate planning and Medicaid planning, the phrase “life estate” is sometimes mentioned, but what does it mean? A life estate is a…
Can my Parent Still Qualify for Medicaid if They Live With me?
** This article has been revised from its original version which was published on May 19, 2015. If your parent is living with you, they can still qualify for Medicaid. It is very common for a parent who is ill, or…
Don’t Get Trapped by Asset Transfers when Submitting a Medicaid Application!
** This article has been revised from its original version which was published on April , 2021 Medicaid eligibility rules are complicated. Many people are confused by the lookback period. And often, people aren’t sure how asset transfers can make an…
Do I Need to File a Tax Return for A Medicaid Asset Protection Trust?
** This article has been revised from its original version which was published on January 14, 2019 Question: I created an Irrevocable Medicaid Asset Protection Trust. Do I need to file a tax return for the trust? Answer: Let’s start by defining…
How can I avoid paying for a nursing home?
The average cost of nursing home care in New York is astounding! The general range is between $13,000-$20,000 per month. There are three forms of accepted payment: Private pay (from your own pocket); Long-term care income (if you are fortunate…