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How New York Medicaid Looks at Your “Homestead” - Davies Law Firm
From Davies Law Firm – How New York Medicaid Looks at Your “Homestead” breaks down the complex legal framework that governs how your primary residence is treated when applying for long-term care through New York’s Medicaid Chronic Care program. This episode sheds light on one of the most misunderstood parts of Medicaid planning: whether your home will be taken if a loved one needs nursing home care. Spoiler alert — it won’t, if you plan ahead.
We’ll explore what qualifies as a homestead under New York Medicaid, the 2025 equity cap of $1,097,000, and how exemptions work for spouses, disabled…
The skinny
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