Grimaldi Yeung Law Group Blogs
Top Five Medicaid Myths
1) An Alzheimer’s patient cannot qualify for Medicaid Untrue. The key to applying for Medicaid benefits for home care is ADLs (activities of daily living). Medical professionals must provide a detailed explanation by expanding on the ADLs such as the patient forgets...
Medicaid Renewal Announcement
Is it time for you to renew your Medicaid eligibility and did you recently receive a request to reapply? During the COVID-19 pandemic, Medicaid recipients benefited from automatic renewal of their benefits, whether they returned or ignored their renewal applications....
Despite Pandemic, Many Still Don’t Have an Estate Plan
Covid-19 has produced a rise in estate planning, but not a large enough one. Most Americans still do not have a last will and testament. It's true--many people still believe that they don't have enough assets so they don't need a will, or that their money will...
What Are The Stages Of Probate?
Although most assets in your estate may pass through the probate pass process, other assets may not. It often depends on the type of assets or how an asset is titled. Probate is a court supervised process occurring after your death. It takes place in the state where...
The Key Reasons Why You Need To Update Your Estate Plan
Have you made the move to a new state? It can be both an exciting and overwhelming thing to do. While your moving checklist may seem to go on without end, consider putting ‘updating your estate plan’ at the top of your list. Let us discuss some of the reasons why it...
Why Small Business Owners Need An Estate Plan
Running a small business can keep you busy, but it should not keep you from creating an estate plan. Not having a plan in place can cause problems for your business and your family after you are gone. While an estate plan is important for everyone, it is especially...
AN URGENT ANNOUNCEMENT: LATEST MEDICAID CHANGES ANNOUNCED TODAY
Attention! In May, NY State Medicaid will start important rule changes affecting all community Medicaid home care programs. These updated laws and procedures will make planning for long term care more important than ever before. The Grimaldi Yeung Law Group has...
Should You Gift Stocks As Part Of Your Estate Plan?
“Gifting stock to family members may lack the pizzazz of leaving a luxury car adorned with a bow in the driveway, but it’s a gift that can add value to their lives long after most other gifts have been forgotten.” There are a number of ways to gift stock to family...
Biden Proposes Major Nursing Home Reforms, Most Extensive “In Decades”
The Biden administration has announced far-reaching nursing home reforms, targeting staffing and accountability at facilities with deficient care. Advocates are calling the proposals, which include the first-ever federal minimum staffing levels, the most significant...