Category Archives: Advanced Medical Planning
Dealing with Asset Transfers
By: Anthony J. Lamberti, Esq., Chairman, Elder Law Committee The gravamen of this article is how to assess gifts made by an individual who must now apply Medicaid due to a nursing home admission. The usual scenario is that the applicant has transferred or gifted a significant sum of money to help a family,… Read More »
Giving the Gift of Life — Organ Donation
According to the U.S. Department of Health & Human Services, more than 120,000 people in the United States are waiting for an organ and 18 of them die every day. A single organ donor has the potential to save as many as eight lives. In 2012, approximately 2,250 donors were between the ages of 50… Read More »
Medicaid Planning: Transferring Assets
Getting old and getting sick can place an enormous strain on families. With nursing home costs in New York often exceeding $12,000 a month, many elderly patients who need nursing home care simply cannot afford it. Some turn to their adult children to care for them at home while juggling their work and other family… Read More »