myCPE: NEW MAJOR CHANGES TO NEW YORK’S MEDICAID HOME CARE PROGRAM

On October 1, 2020, significant changes will come to New York’s Medicaid home care services program. The New York Legislature has enacted new restrictions on eligibility for Medicaid home care and other community-based long-term care services.

In this online Tax Update CPE webinar Elizabeth Forspan, Esq. will discuss the following:

• New significant changes to New York’s Community-based Medicaid (Home Care)
• A new lookback period and other clinical changes.
• Review important Medicaid planning techniques, particularly in light of estate and gift tax planning.
• Review of the importance of irrevocable trusts and other techniques that should be considered in light of new Medicaid rules.

Due to these changes, as well as other potential changes that are still uncertain, it is recommended that anyone who may need Medicaid home care benefits apply prior to October 1, 2020.

Recommended for:

This Tax CPE webinar for CPAs is recommended for any professional or planner who works with clients on the retirement, estate or financial planning