Medicaid Attorney in New York, New York

Does applying for Medicaid put my home at risk?

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it depends on the type of medicaid that

you are applying for so new york has two

forms of medicaid generally and on top

of that the law is constantly changing

new york has a community medicaid

program where

we have a homestead exemption that

your home is protected up to a certain

degree

however if we’re talking about what’s

called long-term care medicaid such as a

nursing home or any form of long-term

care facility where you’d be living six

months or more permanently yes it

absolutely will affect your home

ownership and moreover if you don’t take

the necessary steps to protect your home

through a proper medicaid asset

protection plan

they will be able to lean your property

after you pass

NY estates planning & probate attorney Russel Morgan, Esq. explains how applying for Medicaid can put your home at risk.

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