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    Buffalo Medicaid Lawyers

    Experienced Elder Law Attorneys Preserving Your Assets With The New Medicaid Laws


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      The use of this form for communication does not establish an attorney-client relationship.

      Completing this form opts you in to receive select communications from Friedman & Ranzenhofer.

      Buffalo Medicaid Lawyers

      Experienced Elder Law Attorneys Preserving Your Assets With The New Medicaid Laws

      Buffalo Medicaid Lawyers

      Experienced Elder Law Attorneys Preserving Your Assets With The New Medicaid Laws

      The Medicaid eligibility requirements for long term care were drastically changed by the Deficit Reduction Act of 2005 and the 2006-2007 New York State budget bill. The two most significant changes are expansion of the look-back period to five years and changing the penalty period start date for gifts.


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        Robert Friedman

         
        Robert Friedman

        Let Our 66 Years of Experience Work For You

        Do you or a loved one need help with medicaid legal issues? Our experienced Buffalo lawyers have been dedicated to serving the Western New York community we know and love. Allow us to help you the same way we’ve been helping our community for decades. We’re here for you.

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        Mr. Ranzenhofer and his attorneys were great! My case was handled quickly and I got a great result – $300,000. I fell at my doctor’s office, so I knew it was a hard case. Mr. Ranzenhofer developed a strategy that got me a great result. I highly recommend Mr. Ranzenhofer and his team of attorneys.

        – Christine Rush

        Reasonable / Professional / Personable … Very nice man to speak to … He helped me feel safe and took away my fear in my legal situation. If or when needed he is ready to jump in and take over. Thank you, Carol

        – Carol Czosnyka

        We were treated in a respectful, professional and helpful manner while preparing our wills, healthcare proxies and power of attorney. Mr. Friedman took as much time as we needed to answer all of our questions and concerns. His staff was friendly and efficient. We highly recommend him.

        – John

        Highly recommended…Sam handled a case for me with a buffalo tow truck Company, we won our case and a judgment. Sam was highly professional knowledgeable and effective. He knows the local laws and how to get successful outcomes!

        – Mark

        I consulted with Justin Friedman in an effort to obtain reimbursement following damage to my personal property. Justin was diligent, tenacious, professional, and clearly dedicated to assisting me, all of which led to a very positive outcome. I was very impressed with his work and I highly recommend his office.

        – Lisa Kilanowski

         

        New York Medicaid Guide

        The Complete Guide to Medicaid in New York – 2021 

        by Robert Friedman

         

        The Medicaid eligibility requirements for long term care were drastically changed by the Deficit Reduction Act of 2005 and the 2006-2007 New York State budget bill. The two most significant changes are expansion of the look-back period to five years and changing the penalty period start date for gifts.

        You can preserve your assets, while accessing long term care services through the Medicaid program, by doing the following with the guidance of an elder law attorney:
        1. Sign a Durable Power of Attorney to authorize your agent to manage your assets and income if you are unable to do so and implement Medicaid planning to protect your assets.
        2. Sign a Health Care Proxy and Living Will in which you authorize someone to make medical decisions on your behalf and instruct your family and doctor about life prolonging medical procedures when there is no chance of medical recovery.
        3. Update Your Will to provide that your estate will not go directly to your spouse if he or she is in a nursing home.
        4. Create an Irrevocable Living Trust.
        5. Protect Your Home.  There are many ways to protect your home, including the $859,000 equity exclusion, transfers to certain family members, life estates, trusts, reverse mortgages and home equity loans.
        6. New York State Partnership Long Term Care Insurance Policy allows you to access Medicaid after the insurance runs out, regardless of the amount of assets that you own.
        7. Set-Up a Prepaid Funeral Account with a Funeral Home.
        8. Use IRAs and Pensions.
        9. Certain Properly Documented Gifts may not be subject to the Medicaid penalty rules.
        10. Maximize Spousal Allowances and Transfers.  If one spouse enters a nursing home, the other spouse is entitled to protect certain assets and income.
        11. Establish Caregiver Agreements (Personal Service Contracts) to pay your relatives for helping you.
        12. Make Transfers for the Benefit of Disabled Friends or Children.
        13. Spend-Down Your Assets.
        Free Medicaid Resources
        Create Your Medicaid Plan Online

        The attorneys at Friedman & Ranzenhofer allow you to complete your Medicaid Plan Intake form online.

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        Create Your Will Online

        The attorneys at Friedman & Ranzenhofer allow you to complete your Will Intake form online.

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        Experienced Buffalo Medicaid Lawyers At Your Service

        Are you in the process of planning for, or applying for medicaid in New York? The dedicated Buffalo medicaid lawyers at Friedman & Ranzenhofer can guide you on preserving your assets with medicaid in New York. 

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        – Ed Berowski

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