Can a special needs trust pay for my co-op maintenence if I have SSDI and NY Medicaid?
Yes, with some conditions. This year, SSI payments are $996/month. If rent is paid, the payment is reduced by 1/3 of the SSI payment plus $20,...
Roslyn, NY
Elder law Lawyer at Roslyn, NY
Practice Areas: Elder Law, Trusts, Estate Planning
Yes, with some conditions. This year, SSI payments are $996/month. If rent is paid, the payment is reduced by 1/3 of the SSI payment plus $20,...
I presume you are speaking about a Medicaid Asset Protection Trust. Every client's situation is different. We offer a free consultation to...
A co-trustee and trust beneficiary have the right to demand that the trustee provide an accounting. Even if a trust says the trustees do not need...
New York law does not establish a specific statute of limitations for Medicaid estate recovery but generally adheres to standard estate claim...
What you are going through is not uncommon. I am available to speak with you to get a better picture of the situation.
The child is really the owner of that account. The money can only be spent for the child's exclusive benefit.
Every executor has to file an accounting showing everything if requested. You can bring a proceeding to make him account in Surrogates Court. The...
You need to keep your assets separate from the trust. If you don't, there can be major issues, even though the trust may permit you make additions...
Generally speaking, a trust takes priority over a will. However, a will can have language giving the grantor the power to change the trust.
Executors (preliminary or permanent) and Administrators (temporary or permanent) are all fiduciaries under the law. Every fiduciary must file if...