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Davidow, Davidow, Siegel & Stern, LLP
Long Island's Elder Law, Special Needs & Estate Planning Firm

Friday, April 6, 2012

NEW YORK STATE BAR ASSOCIATION UPDATE - Trusts & Estates Law

On Tuesday, March 27th, the New York State Legislature voted to repeal the regulations utilizing an expanded definition of "estate" for Medicaid recovery purposes.  As a result, the prior definition of estate recovery, which limited estate recovery to only those assets included within the individuals's estate and passing under the terms of a valid will or by intestacy, is back in effect.  


Additionally, the proposed elimination of spousal refusal has been rejected.  This is a major triumph for our client and all who contributed to the effort.

Source:  www.nysba.org

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