Understanding Medicaid Eligibility Requirements in New York

Gabriel Katzner - January 17, 2025 - Retirement

Medicaid eligibility requirements in New York are based on income, assets owned, age, disability status, and household size. Applying for Medicaid can be a complicated process, but the program can be a financial lifesaver, especially for low-income adults, adults over age 65, pregnant women, and individuals with permanent disabilities. Medicare is a government-sponsored healthcare insurance […]

Naming Your Trust as IRA Beneficiary

Gabriel Katzner - December 7, 2024 - Trust Administration

Individual retirement accounts and 401k’s (we’ll refer to all retirement vehicles as IRAs in this article) are a fantastic way for people to save money throughout their lifetime to support their retirement and to transfer wealth to the next generation. Trusts are versatile, effective estate planning tools that can meet a wide range of needs, […]

Elder couple securing their retirement pension fund with their attorney

UNDERSTANDING PENSION TRUSTS

Gabriel Katzner - July 24, 2023 - Retirement

A pension trust is an employee retirement trust that is funded by the employee and employer and managed by a trustee to provide financial security for employees after they retire. The trustee of a pension trust is responsible for investing the funds, collecting earnings and interest, and distributing benefits to eligible employees. The […]

protection from creditors: protecting your retirement accounts

IRAs: Protection From Creditors Using a Standalone Retirement Trust

Gabriel Katzner - April 13, 2021 - Retirement

Mark and Leslie have been married for 40 years. They each have retirement accounts they have contributed to faithfully throughout their adult lives. Mark and Leslie have three adult children, and Mark has a child from a previous marriage. Mark has recently passed. What will happen to his retirement account? How can Leslie ensure her […]

PROTECT YOUR RETIREMENT ACCOUNTS USING A STANDALONE RETIREMENT TRUST

Gabriel Katzner - April 6, 2021 - Retirement

You have spent a lifetime building your retirement accounts. The asset protection they provide from creditors and a financial safety net for the future are benefits that lead all savvy investors to maximize their contributions each year. Do these same benefits carry-over when you pass your retirement account on to your spouse, child, or other […]

STANDALONE RETIREMENT TRUSTS: A NECESSARY ADDITION TO YOUR ASSET PROTECTION TOOLKIT

Gabriel Katzner - March 30, 2021 - Retirement

Standalone Retirement Trusts (SRTs) are an option to protect your individual retirement accounts that you may not have considered. One of the major benefits of an IRA, 401k, or other retirement account is, with some exceptions beyond the scope of this article, the money is safely tucked away from most creditors. It is why many […]

Retirement