5 more results for Irrevocable Trust in New York
Brooklyn, New York, United States
Since there are numerous rules and regulations regarding
Medicaid, work with a lawyer who understands the complexities associated with
this government program.In most cases when a client meets with an attorney to
discuss long-term care options, they probably will not have heard of Medicaid
plann…
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New York, New York, United States
Irrevocable
Trust
According to the terms of
an agreement setting up an Irrevocable trust, it won’t be legally possible to
change, alter, modify or revoke the trust once it has been created. Once
property and other assets have been placed in an irrevocable trust, it is not
possible for the tr…
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Brooklyn, New York, United States
For many people, the best choice for long-term care costs
involves setting up a Pooled Income Trust. Open to people of any age, it allows
them to become financially eligible for insurance programs such as Medicaid,
while at the same time preserving their monthly income in a trust to cover
living…
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Great Neck, New York, United States
Guardianship is a
serious matter. When you ask the court for rule over another person, you are
mostly taking on the challenge of overseeing their life. You are responsible
for making financial, healthcare, and property management decisions for this
individual. In the state of New York, you can o…
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Brooklyn, New York, United States
The guardian has the
authority to pay the bills of the incapacitated person. They make sure that
there are no self-neglect issues and prevent any devastating situation from
occurring. A guardian prevents financial abuse and makes sure that the needs of
the person are taken care of. They are resp…
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