Medicaid Planning Attorney Serving Greater NYC

What is Medicaid planning?

Medicaid planning to protect your assets in New York is complex and requires an elder law attorney with Cormac McEnery's experience and knowledge.  Due to the high costs of nursing home and extended health care, many people who do not have long-term healthcare insurance, will deplete assets accrued from a lifetime of saving to meet Medicaid’s strict income and asset eligibility guidelines.

Medicaid is not like Medicare—it needs planning

Unlike Medicare—an entitlement for everyone over 65 who receives Social Security benefits—Medicaid is a form of public assistance. The Medicaid system is partially funded by the federal government and governed in accordance with federal guidelines.  As part of Medicaid's application process, your and your spouse’s resources (assets), income, and prior transfers are analyzed.  If they do not comply with these guidelines, you or your spouse will be ineligible for Medicaid benefits for a penalty period.

Get advice from an experienced attorney before you apply

That is why it is imperative that you get experienced and knowledgeable advice on Medicaid guidelines, including the time period in which your assets, income, and transfers will be analyzed (the look back period) and which assets and transfers may be exempt. To prevent any surprises, you should have an attorney review this with you years before you or your spouse need to apply for Medicaid benefits.  With more than 30 years experience working with Medicaid, Cormac McEnery can help ensure you are prepared.

We serve clients from New York City (Manhattan, Bronx, Brooklyn, Queens), Westchester, and Nassau and Suffolk Counties. To set up a free consultation contact our Medicaid planning lawyer at 1-888-368-4329.