Newsday
From: Sheryl Nance-Nash
Long Island based elder care attorneys and financial planners to talk about Medicaid Asset Protection Trusts
Suggested angles
Explain how Medicaid Asset Protection Trusts allow Long Island families to preserve home equity and savings for spouses and heirs while still qualifying for nursing home coverage, addressing the specific financial concerns of readers in high-cost Nassau and Suffolk counties
Discuss the five-year lookback period that Newsday readers need to understand when planning these trusts, and why waiting until a health crisis occurs often makes asset protection impossible for Long Island families
Detail how elder law attorneys and financial planners must work together on Long Island to coordinate trust strategies with tax planning, since improper trust design can create unintended consequences for both Medicaid eligibility and estate outcomes
Long Island families are watching their parents' medical costs threaten multi-generational wealth—here's how asset protection trusts work before it's too late.
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