Medicaid planning can include a Medicaid spend down A spend down is somewhat self-explanatory You spend or give away your assets before you apply for Medicaid to pay for long-term care. You cannot give away your assets today and qualify for Medicaid tomorrow There is a five-year look-back. Learn more about New York medicaid five year look back in this presentation.
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.