How do I protect my assets from long-term care?
Nursing home care in New York can cost a fortune. In fact, when you reach the point in life that you require long-term care, it can be difficult to finance your health care needs without reaching into personal assets. If you want to protect your assets from a lengthy and expensive stay in a nursing home, you might consider a Medicaid Asset Protection Trust, called a MAPT.
Finally Some Estate Tax Relief for New Yorkers
Fearing a continued exodus of affluent New Yorkers to states that do not impose a state estate tax, the State of New York has finally enacted significant changes to N.Y. Tax Law Section 952.
