A. Introduction An estate plan implements documents to administer and transfer property and delegate decision-making authority. In other columns, I discussed trusts, wills, powers of attorney, health care proxies, and living wills. Elder law and Medicaid planning are a special form of estate planning. In New York, 58 separate districts administer Medicaid. The program covers many medical and nursing care benefits including residence in a nursing facility (e.g., nursing home) and home care. As life spans and the cost of nursing care have increased, Medicaid planning has become increasingly important. |
Publications >