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May 2008

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New York State Budget

01160611       As you may have been reading lately, some very drastic Medicaid changes were written into the New York State budget this year.  Governor Pataki signed an appropriations bill which contained provisions eliminating spousal refusal and instituting a penalty period for home care, which technically became effective April 1, 2006. 

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Deficit Reduction Act Passes House

The House of Representatives passed the Deficit Reduction Act (DRA) yesterday by a vote of 216 - Ph2005111600229 214.  The measure will now go to the President to sign.  It is expected that he will sign it any time in the next couple days.  This new law will drastically change the way seniors plan for long-term care. 

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Medicaid Cuts

052212441_medicaidcuts_1 In a 51-50 vote, with Vice President Cheney casting the tie-breaking vote, the U. S. Senate passed the Deficit Reduction Act of 2005 ("DRA").  The legislation now goes back to the House for another vote due to the fact that the Senate and House versions of the bill have some differences.  It is unknown when the House will reconvene to vote again on the measure.  One thing we do know,

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Medicaid Reform Bill Update

Capitolphotorev2 The U. S. Congress will soon do battle over the House and Senate versions of the budget deficit reduction packages.  Of particular interest to our clients are the proposed Medicaid cuts effecting seniors. 

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Alzheimer's, Sugar and Estrogen

CouplewsherbertMuch to my personal chagrin, high sugar consumption is thought to be a risk factor for developing Alzheimer's Disease later in life.

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Our First Post

Elderly Welcome to the Somekh and Sarlis blog. With this new tool we hope to connect, on a more personal level, with our clients, colleagues and anyone looking for information on estate planning, asset protection, elder law and related legal topics throughout New York and the country. Stay tuned.

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