Watch “In The Legal Know” with Vincent J. Russo on CFN Live! Vincent appeared on CFN Live on May 15th, 2023 to discuss“Reverse Mortgages: Can be a Game Changer" (Part One) https://www.youtube.com/watch?v=wwupVCDdMAY Vincent J. Russo discusses the pros and cons of reverse…
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/gWWH0IjSvCU How does Medicaid treat life estates when it comes to Medicaid eligibility? First, let’s explain two basic Medicaid rules when it comes to your primary residence. Under Medicaid,…
Watch “In The Legal Know” with Vincent J. Russo on CFN Live! Vincent appeared on CFN Live on April 27th, 2023 to discuss“Life Estates: Helpful or Problematic?” (Part Three: Medicaid) https://youtu.be/gWWH0IjSvCU Vincent J. Russo discusses life estates as a Medicaid…
** This article has been revised from its original version which was published on January 29, 2020. Medicaid planning in New York can be presented to the guardianship court either before a guardian has been appointed or after, depending on…
** This article has been revised from its original version which was published on March 18, 2020. One of the most common questions we hear as New York elder law attorneys and estate planners is, “How much can I give…
Planning is crucial because nearly everyone will require long-term care during their lifetime. While we can’t predict the timing or level of care, we can take steps to prepare for an unexpected medical and financial crisis to help reduce the…
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…
** 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…
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 COMMENCING JANUARY 1ST, THERE ARE NEW MEDICAID AMOUNTS AFFECTING MEDICAID ELIGIBILITY. 2023 ASSET AND INCOME ALLOWANCES One Person Two People Income Level *including $20 unearned income disregard $1,697 $2,288 Medicaid Resource Level $30,182 $40,821 2023…