• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Law Offices of Kobrick and Moccia

Long Island Estate Planning Attorneys

ESTATE, TRUST PLANNING &
ELDER LAW INFORMATION CENTER

Call Now: (800) 295.1917

  • Attend Our Free Webinars
  • Home
  • Our Firm
    • About Our Firm
    • Client Testimonials
    • Meet Our Team
  • Services
    • Blended Family Planning
    • Elder Law
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • IRA & Retirement Planning
    • Legacy Planning
    • LGBTQ Estate Planning
    • Pet Planning
    • SECURE Act
    • Special Needs Planning
    • Trust Administration
  • Elder Law
    • Coping With Alzheimer’s
    • Guardianship
    • Medicaid Planning
    • Nursing Home Planning
  • Resources
    • Articles
    • Elder Law Resources
      • Commack Elder Law
      • Elder Law Reports
      • Harrison Elder Law
      • Hauppauge Elder Law
      • Rockville Centre Elder Law
      • White Plains Elder Law
    • Estate Planning Definitions
    • FREE Estate Planning Worksheet
    • FREE Seminars
    • Frequently Asked Questions
      • Elder Law
      • Estate Planning
      • Families Without an Estate Plan
      • Legacy Wealth Planning
      • LGBTQ Estate Planning
      • Medicaid
      • Probate
      • Trust Administration
      • Trust Administration & Probate
      • Wills and Trusts
    • Is My Estate Plan Outdated?
    • Legacy Wealth Planning Consultation Form
    • Medicaid Resources
    • Probate Resources
      • Harrison Probate
      • Hauppauge Probate
      • Long Island Probate
    • Probate Checklist
    • Special Reports
      • Advanced Estate Planning
      • Basic Estate Planning
      • Estate Planning for Niches
      • Trust Administration
    • Top Estate Planning Techniques
  • Communities We Serve
    • Nassau County
      • Garden City
      • Lynbrook
      • Malverne
      • Rockville Centre
    • Suffolk County
      • Commack
      • Dix Hills
      • Hauppauge
      • Nesconset
      • Smithtown
    • Westchester County
      • Harrison
      • Mamaroneck
      • Rye Brook
      • White Plains
  • Webinars
  • BLOG
  • Reviews
    • Our Reviews
    • Review Us
  • Contact Us
Home » Medicaid Planning

Will Medicaid Pay for Assisted Living Expenses?

May 9, 2019 by Anthony Moccia

Harrison Medicaid lawyers

The reality is that we all stand a good chance of needing some type of long-term care during our retirement years. At the same time, most of us would prefer to retain as much autonomy and independence as possible for as long as possible.  If you reach the point where living in your own home is no longer possible, but around the clock nursing home care is not necessary, an assisted living facility might be a viable alternative. While not as expensive as nursing home care, assisted living costs … [Read more...] about Will Medicaid Pay for Assisted Living Expenses?

Filed Under: Medicaid Planning

What Is Considered a Countable Asset for Medicaid?

April 11, 2019 by Anthony Moccia

countable asset for Medicaid

At some point in your life, you may need to qualify for Medicaid, even if you have never before needed to do so. If you are unfamiliar with the Medicaid eligibility guidelines, you may find yourself in a position where your retirement nest egg is at risk because of that need to qualify for Medicaid. The reason for this is based on the Medicaid asset limits. A better understanding of what is considered a countable asset for Medicaid may help convince you of the need to include Medicaid planning … [Read more...] about What Is Considered a Countable Asset for Medicaid?

Filed Under: Medicaid Planning

What Is the Medicaid Transfer Penalty?

April 9, 2019 by Anthony Moccia

Hauppauge Medicaid lawyer

Planning for your retirement should include the possibility that you, or a spouse, will eventually need long-term care. That, in turn, should prompt you to include Medicaid planning within your comprehensive estate plan. Failing to do so could cause you to fun afoul of the Medicaid transfer rules. A Hauppauge Medicaid lawyer explains the Medicaid transfer penalty and how incurring the penalty could threaten your retirement nest egg. Understanding the Need to Qualify for Medicaid People often … [Read more...] about What Is the Medicaid Transfer Penalty?

Filed Under: Medicaid Planning

Protecting Your Assets from Medicaid Spend-Down

December 18, 2018 by Anthony Moccia

Harrison Medicaid attorneys

Although you may not want to dwell on the possibility, the reality is that we all stand a good chance of needing long-term care at some point in our lives. If you fail to consider the possibility, you could face significant financial hurdles should you end up in long-term care (LTC). Like many seniors, you may end up turning to Medicaid to help cover the high cost of LTC; however, qualifying for Medicaid might lead to Medicaid’s “spend-down” requirement if you failed to plan ahead. The Harrison … [Read more...] about Protecting Your Assets from Medicaid Spend-Down

Filed Under: Medicaid Planning

Medicaid Attorneys Explain When a Waiting Period May Be Imposed

February 22, 2018 by Anthony Moccia

Medicaid attorneys

Like many people, you may well into your retirement years before you have a need to qualify for Medicaid. That need may arise as a result of the need for long-term care (LTC) and the corresponding cost of that care. If you fail to plan ahead by including Medicaid planning in your overall estate plan, you could find yourself facing the loss of valuable assets. If you don’t know the Medicaid eligibility rules you could also find yourself facing a waiting period imposed by Medicaid during which … [Read more...] about Medicaid Attorneys Explain When a Waiting Period May Be Imposed

Filed Under: Medicaid Planning

Harrison Medicaid Attorneys Uncover Top 5 Medicaid Myths

January 25, 2018 by Anthony Moccia

Harrison Medicaid attorneys

Most people are at least vaguely familiar with Medicaid, the federal program that provides healthcare benefits to low-income individuals and families. Unless you have ever needed the benefits offered by Medicaid, however, you probably don’t know as much as you need to know about the program. Like a significant percentage of seniors, you may find that you, or a spouse, will need to rely on the benefits offered by Medicaid at some point during your “Golden Years” if you end up in long-term care … [Read more...] about Harrison Medicaid Attorneys Uncover Top 5 Medicaid Myths

Filed Under: Medicaid Planning

Protecting Your Spouse When You Apply for Medicaid

April 11, 2017 by Anthony Moccia Leave a Comment

Like many people, you may find that you need to qualify for Medicaid benefits during your “Golden Years” because of the high cost of long-term care. Because Medicaid eligibility is based, to a large extent, on your income and assets you may be forced to “spend-down” those assets before Medicaid will find you eligible for benefits. Where does that leave your spouse though? At this point you should be asking the question “How can I protect my spouse when I apply for Medicaid?” The best time to … [Read more...] about Protecting Your Spouse When You Apply for Medicaid

Filed Under: Medicaid Planning

The Medicaid Look-Back Period Explained

March 28, 2017 by Anthony Moccia

Medicaid

Are you facing the need for nursing home care for yourself or a spouse in the near future? If so, are you worried about paying for the cost of that care? If you are, you are hardly alone. In 2016, the average yearly cost of long-term care (LTC) across the United States was about $80,000. In the State of New York, the average cost of care was over $120,000 a year in 2016 – and those figures are projected to continue to climb for the foreseeable future. It should come as no surprise then that over … [Read more...] about The Medicaid Look-Back Period Explained

Filed Under: Medicaid Planning

Medicaid vs. Medicare

March 7, 2017 by Anthony Moccia

Medicaid vs. Medicare

There is a very good chance that you will need help covering healthcare costs not covered by private insurance at some point in your lifetime. When you find yourself in that position, you will likely turn to Medicaid and/or Medicare for help. Contrary to what many people think, Medicaid and Medicare are not interchangeable. Although there are some similarities, Medicaid and Medicare are very distinct programs with different eligibility criteria and available benefits for those who qualify. To … [Read more...] about Medicaid vs. Medicare

Filed Under: Medicaid Planning

Do I Qualify for Medicaid as a Senior?

January 25, 2017 by Anthony Moccia

Qualify for Medicaid

If you are a senior who is facing the prospect of a stay in long-term care, you are likely worried about how you will pay for the cost of that care. After all, long-term care (LTC) is costly. Moreover, you will not likely be able to depend on your basic health insurance coverage nor on Medicare to help with those costs. The good news is that Medicaid may be able to help; however, you must first qualify for benefits. If you are unfamiliar with the Medicaid program, now is the time to learn more. … [Read more...] about Do I Qualify for Medicaid as a Senior?

Filed Under: Medicaid Planning

  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to Next Page »

Primary Sidebar

Law Offices of Kobrick and Moccia

Download our free estate planning worksheet

There's a lot that goes into setting up a comprehensive estate plan, but with our FREE worksheet, you'll be one step closer to getting yourself and your family on the path to a secure and happy future.
  • This field is for validation purposes and should be left unchanged.

Follow Us

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

GARDEN CITY

1305 Franklin Avenue Suite 170
Garden City, NY 11530
United States (US)
Phone: (516) 248-9500
Fax: (516) 248-7606

HAUPPAUGE

150 Motor Parkway Suite 401 (Regus)
Hauppauge, NY 11788
United States (US)
Phone: (631) 941-3400
Fax: (516) 248-7606

HARRISON

600 Mamaroneck Avenue, 4th Floor
Harrison, NY 10528
United States (US)
Phone: (914) 701-0777
Fax: (516) 248-7606

MAP

kobrick_sidbr_map

Office Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM

Footer

footer-logo
  • Facebook
  • LinkedIn
  • Twitter

The information on this Attorneys & Lawyers / Law Firm website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. The information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

Kobrick and Moccia, Attorneys at Law. Privacy Policy | Contact Us | Disclaimer | Site Map | Powered by American Academy of Estate Planning Attorneys

Law Offices of Kobrick and Moccia
Attorney Advertisement
© 2023 American Academy of Estate Planning Attorneys, Inc.