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Last year in response to the COVID crisis, first New York and then New Jersey temporarily allowed for the execution of documents that must be signed before a notary to be done remotely.  Legal documents such as powers of attorneys and wills could now be signed with a notary looking on

Last week I wrote about a question I hear often about Medicaid.  Isn’t there a certain amount of gifting that is allowed under Medicaid regulations?  The answer as I stated last week is that there really isn’t.  Any gift or transfer for less than fair value is subject to a penalty. In practice, however,

In my blog post last week I wrote about 1st party special needs trusts, which are helpful in maintaining Medicaid benefits for someone who may receive an unexpected inheritance or the proceeds of a personal injury settlement.  1st party SNTs, however, can only be funded when the beneficiary is under age

We have recently received a number of calls inquiring about Medicaid compliant annuities.  Similar to QITs which I wrote about here a couple of months ago, there is much misunderstanding of what is and is not a Medicaid compliant annuity (MCA) and when it can be used.  First, let’s clearly define an