Long Island Elder Law & Estate Planning

Estate planning can seem like an exercise in slicing up a pie into different pieces that can be distributed in lump sums to your loved ones after you pass away. In reality, this is quite an oversimplification for many families. Learn more about New York special needs trust in this presentation.

special needs are enrolled in the Medicaid program. This is a health insurance program that is jointly administered by the federal government along with each respective state government. Medicaid is a program that is intended for people with financial need. If you have resources to speak of, you cannot qualify for Medicaid coverage. Since many people with special needs are not in a position to earn much income, Medicaid is often going to be the health care insurance solution.

Topics covered in this report include:

  1. People With Disabilities & Government Benefits
  2. Special Needs Trusts

Click here to read the whole article or download the PDF.

Latest posts by Eghrari Wealth Training Law Firm (see all)

About Eghrari Wealth Training Law Firm

Mark S. Eghrari is an attorney in private practice in Smithtown, New York. He has been in practice since 1988. Mark S. Eghrari provides extensive estate and tax planning services to individuals and businesses. Mr. Eghrari’s primary focus is helping clients avoid probate, minimize or eliminate Federal and State Estate taxes and protect their assets from the high cost of nursing care, if they become ill.