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Schlessel Law PLLC, located in Nassau County, New York, provides comprehensive estate planning services. We work closely with our clients to safeguard their assets and future, respecting their desires. Our aim is to provide customized legal assistance and peace of mind for our clients and their loved ones.
Q: Should I work with an attorney to create my estate plan?
While it’s possible to draft your own estate plan, working with an attorney offers valuable guidance. They can help you navigate the legal process, explain your options, and create documents that reflect your needs. This professional support can help reduce errors and provide clarity for your family in the future.
Q: What factors should I consider when selecting a trust?
Choosing the right trust depends on your goals and circumstances. A revocable trust lets you maintain control of your assets and make changes while you’re alive. An irrevocable trust, however, provides stronger protections but cannot be altered once it’s established. Talking to an attorney can help you decide which option is appropriate for your situation.
Q: Can I skip probate if I have a will?
A will does not automatically skip probate. The court may need to validate the will before distributing assets. However, there are strategies like setting up trusts that can help simplify or bypass probate. Consulting an attorney can help you choose the best approach for your estate plan.
Schlessel Law PLLC
34 Willis Ave Suite 300, Mineola, NY 11501, United States
(516) 574-9630
https://goo.gl/maps/nDVr3Uxh5AzAMDEu8
https://www.youtube.com/watch?v=O9Wq0leG2iU
https://www.youtube.com/playlist?list=PLhm99FOYeN3u5dk_5hJ_I9AYiLNP2hoZI
40.740265989314274, -73.6349790257154
P9R7+2P Mineola, New York, USA
https://www.google.com/maps?cid=7387587768064061142
Find us on Social Media and Web:
https://www.schlessellaw.com/
https://www.facebook.com/Schlessellaw/
https://twitter.com/SchlesselLaw
https://www.pinterest.com/schlessellaw/schlessel-law-pllc/
https://soundcloud.com/schlessellaw/nassau-county-estate-planning-attorney-schlessel-law-pllc
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Citations:
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https://www.martindale.com/attorney/seth-etan-schlessel-300736936/
Other Services we are known for:
Asset Protection
Elder Law
Estate Planning
Medicaid Planning
Wills and Trusts
Guardianship
GBP categories
Estate planning attorney
Elder law attorney
Areas we serve:
Massapequa, NY
Plainview, NY
Commack, NY
Huntington, NY
Islip, NY
Smithtown, NY
Valley Stream, NY
Merrick, NY
Stony Brook, NY
Roslyn Village, NY
Ronkonkoma, NY
Open Hours
24/7
Based on Long Island, New York, Schlessel Law PLLC is a law firm that assists clients in dealing with complex legal situations, including planning for Medicaid. We focus on preserving our clients' rights and assets, while working to secure their future. Our methodology includes personalized attention and in-depth legal solutions.
How can I move my Medicaid from another state to New York?
It's essential to understand that Medicaid does not permit coverage in two states at the same time. If you're considering migrating your Medicaid coverage to New York, the first step is to cancel your existing Medicaid plan. Once you've moved, you can apply for Medicaid in New York.
What are the requirements for residency to be eligible for Medicaid in New York?
To be eligible for Medicaid in New York, you need to be a resident of the state. There's no specific duration for this residency requirement, which might surprise some. You can apply for Medicaid regardless of whether you've just moved to New York or have been living there for many years.
Could my spouse run into financial difficulties if I use Medicaid in New York?
No, the Spousal Impoverishment Law, or Division of Assets, prevents potential financial strain for couples when only one spouse needs nursing home care. This law allows the at-home spouse to keep a portion of the income and resources. In addition, a capable Medicaid planning attorney can help you ward off financial issues.
Schlessel Law PLLC
34 Willis Ave Suite 300, Mineola, NY 11501, United States
(516) 574-9630
https://goo.gl/maps/nDVr3Uxh5AzAMDEu8
https://www.youtube.com/watch?v=fvLBt_Sg-R0
https://www.youtube.com/playlist?list=PLhm99FOYeN3vAeh9qSXEsP_hF6mWH5wbC
Find us on Social Media and Web:
https://brooklynseopro.blob.core.windows.net/nassau-county/Long-Island/Medicaid-lawyer.html
https://www.facebook.com/Schlessellaw/
https://twitter.com/SchlesselLaw
https://soundcloud.com/schlessellaw/medicaid-lawyer-long-island-schlessel-law-pllc
https://soundcloud.com/schlessellaw/sets/medicaid-lawyer-long-island
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https://www.merchantcircle.com/schlessel-law-pllc-mineola-ny
https://www.ailoq.com/new-york/mineola/schlessel-law-pllc
https://www.lawyers.com/inwood/new-york/seth-schlessel-300736936-a/
https://www.avvo.com/attorneys/11096-ny-seth-schlessel-4628637.html
https://www.martindale.com/attorney/seth-etan-schlessel-300736936/
Other Services we are known for:
Asset Protection
Elder Law
Estate Planning
Medicaid Planning
Wills and Trusts
Guardianship
Estate planning attorney
Elder law attorney
Areas we serve:
Massapequa
Plainview
Commack
Huntington
Islip
Smithtown
Valley Stream
Merrick
Stony Brook
Roslyn Village
Ronkonkoma
Schlessel Law PLLC, nestled in Garden City, New York, is a law firm committed to aiding clients in managing their legal affairs. We concentrate on elder law, estate planning, and Medicaid planning, striving to ensure our clients' futures are well-secured.
Q: What assets does New York's Medicaid program exempt?
A: In New York, Medicaid exempts certain assets for eligibility determination. These usually encompass your main residence, personal items, household goods, one automobile, burial funds up to $1,500, a life insurance policy with a cash value up to $1,500, non-refundable prepaid funeral agreements, and IRA's and 401K's in payout status.
Q: How can I secure my assets from Medicaid implications in NY?
A: Consider establishing a Medicaid Asset Protection Trust (MAPT) to secure your assets from Medicaid in NY. It's an irrevocable trust, so once assets are moved into it, they typically cannot be moved back. However, once your assets are held in the trust, Medicaid no longer views them as your personal property or as assets that could potentially be used to cover your expenses.
Q: Is it a must to repay Medicaid in NY?
A: Yes, Medicaid does require repayment from any residual assets upon the death of a benefits recipient. As a federal program administered at the state level, Medicaid requires repayment in all states, though the process and specifics can differ from state to state.
Schlessel Law PLLC
34 Willis Ave Suite 300, Mineola, NY 11501, United States
(516) 574-9630
https://goo.gl/maps/nDVr3Uxh5AzAMDEu8
https://www.youtube.com/watch?v=6dUwLb8gddo&ab_channel=SchlesselLawPLLC
https://www.youtube.com/playlist?list=PLhm99FOYeN3uxizJe5rxL6eC6jYUkcX0v
https://www.schlessellaw.com/long-island-medicaid-planning-attorney/
https://www.facebook.com/Schlessellaw/
https://twitter.com/SchlesselLawNY
https://soundcloud.com/schlessellaw/medicaid-planning-attorney-garden-city-schlessel-law-pllc
https://soundcloud.com/schlessellaw/sets/medicaid-planning-attorney
https://www.pinterest.com/schlessellaw/schlessel-law-pllc/
https://www.lawyers.com/inwood/new-york/seth-schlessel-300736936-a/
https://www.avvo.com/attorneys/11096-ny-seth-schlessel-4628637.html
https://www.martindale.com/attorney/seth-etan-schlessel-300736936/
Other Services we are known for:
Asset Protection
Elder Law
Estate Planning
Medicaid Planning
Wills and Trusts
Guardianship
GBP categories
Estate planning attorney
Elder law attorney
Areas we serve:
Eastern Section
Central Section
Western Section
Estates Section
Mott Section
Open Hours
24/7
Related topics
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