SMALL NEWS IS BIG NEWS
By Sal M. Di Costanzo
Dear Mr. Di Costanzo, Can Medicaid take my home if I get sick? If you fall ill, you may seek Medicaid benefits to help pay for your care at home or in a nursing home. If Medicaid begins paying for
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Dear Mr. Di Costanzo: Does my Last Will and Testament avoid probate? A Last Will and Testament (“Will”) does not help avoid probate. In fact, the probate process is required for anyone who dies having a will. To avoid probate,
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By Salvatore M. Di Costanzo Dear Mr. Di Costanzo: Is having a Last Will and Testament enough? When I meet with individuals regarding their estate planning needs, I am often asked to “put their affairs in order.” In most cases,
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By Sal M. Di Costanzo Many of you who watch my biweekly Facebook Live videos already know that Medicaid eligibility has recently become even more challenging. As if dealing with the COVID-19 pandemic wasn’t enough, on Apr. 2, Gov. Cuomo’s
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By Salvatore M. Di Costanzo Dear Mr. Di Costanzo, Is it true I can gift $15,000 without jeopardizing Medicaid eligibility for nursing home care? This is a question I’m continually asked, so I’m glad I have another opportunity to clear
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By Salvatore M. Di Costanzo In certain circumstances, a revocable living trust must be strongly considered. To determine if a revocable living trust is an appropriate necessity, one must first understand its purpose. Unlike a Last Will and Testament (“Will”),
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