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Revocable Trusts

Can An Irrevocable Trust Be Revoked in NY State?

Can An Irrevocable Trust Be Revoked in New York State? By David R. Okrent, Esq., CPA A very popular tool in estate planning is the use of an Irrevocable Trust, however, I am asked, “David, is the Irrevocable Trust we

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New York State Rulings

2017–’18 Enacted Budget Update-Reserved Bed Days

Subject: 2017–’18 Enacted Budget Update-Reserved Bed Days Chapter 57 of the Laws of 2017 recently amended Public Health Law § 2808(25) relating to Medicaid reimbursement for reserved bed days due to hospitalization leaves. The intent of this amendment was to

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New York State Rulings

New Legislation Provides Tools to Combat Elder Abuse

New Legislation Provides Tools for Seniors to Combat Elder Abuse Like many states throughout the country, New York State has existing elder laws that were developed with elder safety in mind. Despite lawmakers’ best efforts, some of these existing laws

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New York State Rulings

New York Enacted “The Care Act”

Great News, On January 7, 2016 New York Moves Forwarded InProtecting Patients Upon Discharge. By David R. Okrent, Cpa, Esq. On January 7, 2016 New York enacted new laws titled the “CAREGIVER ADVISE, RECORD AND ENABLE ACT” also know as

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Powers of Attorney

Good & Current Powers of Attorney

Another smart reason to have Good & Current Powers of Attorney: Spouses and Medicaid Spousal Refusal Planning By David R. Okrent, Esq. C.P.A. Complex spousal issues arise from an obligation to support & marital rights. This Article will consider some

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