Transferring assets can have severe consequences for Medicaid eligibility in New York, especially when applicants are planning for nursing home care. Below is a comprehensive, expert-level guide about uncompensated transfers, providing practical options, tips for trust management, and current updates
Leaving A Loving Legacy
Leaving A Loving Legacy, published by Sverdlov Law PLLC, focuses on estate planning topics relevant to New York residents. The blog covers special needs planning, including the use of special needs trusts to protect government benefits. It addresses family communication strategies for discussing estate plans, management of digital assets after death under New York law, and the legal rights of spouses regarding inheritance and elective shares. The blog also explores Medicaid planning, probate and estate administration, guardianships, and business succession planning. It aims to provide practical guidance on protecting assets, ensuring care for loved ones, and navigating complex legal requirements in estate and elder law contexts.
Latest from Leaving A Loving Legacy - Page 2
Who Will Take Care of My Special Needs Child When I Am Gone?
As parents, one of our greatest fears is what will happen to our children when we are no longer here to care for them. For parents of children with special needs, this concern often runs even deeper. You want to…
Relying on AI for Drafting Your Estate Documents?
You don’t want just simple Documents which look “good” – You want a Plan!
Using AI for estate planning might sound easy, but shortcuts can cost your family big. AI is only as good as the info it gets—miss one…
Podcast Feature: Katya Sverdlov on Divorce Dialogues
We’re pleased to share that Katya Sverdlov, Esq., recently joined Katherine Miller on the Divorce Dialogues podcast for an in-depth discussion on some of the most pressing issues people face during and after divorce. The conversation touched on:
- Medicaid planning
…
Do You Need Wills in Two Countries? How to Handle Cross-Border Estate Planning
Do you own assets or have residences in multiple countries? If so, you may wonder whether you need wills in each country. An experienced estate planning lawyer can walk you through the complexities of handling cross-border estate planning.
Understanding Cross-Border…
Why Your Estate Planning Attorney Needs to Know About Mental Health Challenges in Your Family
When you sit down for an estate planning consultation, you’re making one of the most important arrangements for your family’s future. You might feel concerned—or even embarrassed—about discussing sensitive issues such as mental health challenges, addiction, or other personal struggles…
Can You Still Qualify for Medicaid If Your Income Is Too High?
For many seniors in New York, Medicaid is the only way to afford long-term care at home or in a nursing facility. But if your income seems too high, you might worry that you don’t qualify. The good news is…
Mental Illness or Misbehavior? Why the Distinction Matters for Parents
Compassionate Legal Planning for a Child’s Future
How to Tell the Difference: Mental Illness vs. Behavioral Problems
When a child exhibits concerning behaviors—such as mood swings, outbursts, or poor judgment—parents face a daunting question: Is this simply misbehavior, or a…

