Search
Search ×

 

 

Roberta K. Feldman is committed to delivering quality legal services that both meet and exceed client expectations.

 

 

 

Special Needs Trust Fairness and Medicaid Improvement Act (HR 670) Amended

House of Representatives Bill Amended on September 20, 2016

George H. Gray 0 2941 Article rating: No rating
A first party supplemental needs trust allows a person with a disability limited access to resources without affecting his or her means-tested government benefits. It allows a person with a disability who has received, for example, an inheritance, an award of back benefits or a personal injury award to enjoy the bounty of the inheritance or award without jeopardizing the receipt or amount of those benefits. 

Vision for the Future: Legal Elements 002

George H. Gray 0 2798 Article rating: No rating
This is the sixth installment in a number of articles which are based upon my book Special Needs Planning: A Simple Guide for Families in New York with a Loved One with a Disability published by Graylake Publishing and released in October, 2014. The book is a response to inquiries from family members and those who support them about how best to provide for a loved one with a disability. While my primary focus is the legal aspects of the process, I have realized in my work that the process for providing a secure future for a loved one is far broader in scope. In this installment, I will further explore the third element of a AVision for the Future.@

Vision for the Future: Legal Elements 001

George H. Gray 0 2663 Article rating: No rating
This is the fifth installment in a number of articles which are based upon my book Special Needs Planning: A Simple Guide for Families in New York with a Loved One with a Disability published by Graylake Publishing and released in October, 2014. The book is a response to inquiries from family members and those who support them about how best to provide for a loved one with a disability. While my primary focus is the legal aspects of the process, I have realized in my work that the process for providing a secure future for a loved one is far broader in scope. In this installment and the next two, I will explore the third element of a "Vision for the Future."

Further News on ABLE Accounts

George H. Gray 0 2679 Article rating: No rating
Section 529A of the Internal Revenue Code allows the creation of a qualified ABLE program by a State (or agency or instrumentality thereof) under which a separate ABLE account may be established for a disabled individual who is the designated beneficiary and owner of that account. Contributions to an ABLE account are subject to both an annual and a cumulative limit; and, when made by a person other than the designated beneficiary, are treated as non-taxable gifts to the designated beneficiary. Distributions made from an ABLE account for “qualified disability expenses” of the designated beneficiary are not included in the designated beneficiary’s gross income. Most importantly, amounts in the ABLE Account are not considered an available resource for purposes of means tested government benefits, such as SSI and Medicaid.
RSS
1234567

Theme picker

Contact Us

290 Linden Oaks
Drive Suite 200
Rochester, NY 14625

tel: (585) 218-8620
fax: (585) 248-4961

RFeldman@gfrllp.com

 

 

Connect with Gray & Feldman on LinkedInFollow GFR on Instagram Connect with Gray & Feldman on Facebook