Tag Archives: estate planning in New York

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Creating a Medicaid Trust in New York: Which Trusts to Use?

Estate Planning, Medicaid Trust, TrustsBy Mitchell Nakhmanovich December 15, 2019

Creating a Medicaid trust in New York comes with a lot of advantages. It allows you to keep your estate out of the probate court, helps you keep your assets out of the reach of a creditor, etc. If you do your Medicaid planning way before time with the help of an elder care lawyer,…

Differences between Revocable and Irrevocable Trusts

Articles, Estate Planning, Revocable trustBy Mitchell Nakhmanovich November 21, 2019

Setting Up Trust Funds – A Look into the Differences between Revocable and Irrevocable Trusts Estate planning lawyers in New York have been preaching the importance of what they do for a long time. Among their informative education about estate planning is the topic of trust.Trusts or rather trust funds are a term most people…