Press release
Long Island Medicaid Planning Attorney Seth Schlessel Offers Guidance on Protecting Assets from Nursing Home Costs
Long Island Medicaid planning attorney Seth Schlessel explains that nursing home care in New York can exceed $176,000 annually, placing a heavy burden on families without sufficient legal planning. Medicaid may cover most of the cost, but income and asset limits must be met before assistance is granted. Long Island Medicaid planning attorney Seth Schlessel works with individuals to evaluate countable and exempt resources, including homes, savings, and retirement accounts, ensuring that asset protection strategies align with current laws.
Many families are unaware that improper asset transfers or delayed action can lead to disqualification from Medicaid. Long Island Medicaid planning attorney Seth Schlessel outlines common risks, such as violating the five-year Medicaid look-back period or misusing income after entering a facility. "Careful planning now can help you preserve more of your assets while ensuring you can access the care you may need in the future," states Seth Schlessel, highlighting the urgency of early legal action.
When a person enters a nursing home in New York, Medicaid rules shift. Pooled-income trusts, once used to qualify under Community Medicaid, no longer apply. Institutional budgeting rules take effect, and nearly all income, except a small personal needs allowance, must be paid to the facility. Seth Schlessel addresses this transition and reviews financial records to prepare families for the change.
Nursing homes do not directly take property or savings, but unpaid bills can result in lawsuits, court judgments, and even liens. Medicaid Estate Recovery may also attempt to reclaim costs from an estate after death. Seth Schlessel helps clients avoid these outcomes by applying legal tools such as irrevocable trusts, annuities, and exempt transfers, in compliance with New York regulations.
Asset protection strategies are most effective when implemented before a crisis. Seth Schlessel advises that selling a home or making gifts without proper planning can jeopardize Medicaid eligibility. By creating trusts and using structured annuities, families can preserve inheritance goals and reduce exposure to long-term care expenses. Timing and documentation are critical in these transactions.
Seth Schlessel founded Schlessel Law PLLC to serve the Medicaid planning needs of Long Island families. A graduate of Touro Law School and member of the New York Bar since 2014, Seth Schlessel leads the firm with a focus on practical solutions that comply with Medicaid law. All legal matters are handled with personal attention, ensuring strategies are both legally sound and aligned with family goals.
Long Island residents facing nursing home decisions must consider how financial actions today affect care options and family resources tomorrow. Seth Schlessel evaluates each situation, clarifies eligibility rules, and recommends a step-by-step approach tailored to individual circumstances. From preserving homes to managing retirement distributions, every strategy follows the strict requirements of Medicaid law.
Waiting too long to address long-term care planning can result in depleted savings, delayed eligibility, and legal penalties. Schlessel Law PLLC supports families in building secure plans that protect their future while remaining compliant with all Medicaid rules. Seth Schlessel remains committed to guiding New Yorkers through the financial realities of aging with clear and effective planning.
About Schlessel Law PLLC:
Schlessel Law PLLC is a Medicaid planning and elder law firm based in Long Island, New York. Led by Long Island Medicaid planning attorney Seth Schlessel, the firm provides legal guidance to individuals and families preparing for the high cost of nursing home care. The firm focuses on protecting assets, ensuring Medicaid eligibility, and helping clients achieve long-term financial security.
Embeds:
Youtube Video: https://www.youtube.com/watch?v=ugHjBmWpEjQ
GMB: https://www.google.com/maps?cid=7387587768064061142
Email and website
Email: seth@schlessellaw.com
Website: http://www.schlessellaw.com/
Media Contact
Company Name: Schlessel Law PLLC
Contact Person: Seth Schlessel
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=long-island-medicaid-planning-attorney-seth-schlessel-offers-guidance-on-protecting-assets-from-nursing-home-costs]
Phone: (516) 574-9630
Address:34 Willis Ave Suite 300
City: Mineola
State: New York 11501
Country: United States
Website: https://www.schlessellaw.com/
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Long Island Medicaid Planning Attorney Seth Schlessel Offers Guidance on Protecting Assets from Nursing Home Costs here
News-ID: 4119154 • Views: …
More Releases from ABNewswire
U.S. Robotic Pool Cleaner Market to Surge Past USD 696 Million by 2030, Outperfo …
Florida Leads U.S. with 1.59 Million Residential Pools; California, Texas, Arizona, and Nevada Follow with High Market Potential
With more than 10 million swimming pools across the United States, including 10.4 million residential installations and 6.1 million in-ground pools as of 2025, the country represents one of the world's most robust bases for robotic cleaning technologies. In-ground pools, given their larger dimensions and structural complexity, continue to drive demand for high-performance,…
Wecent Launches New High-Power GaN Charger, Redefining Multi-Device Charging in …
Wecent, a leading manufacturer of GaN and wireless charging solutions [https://www.gdwecent.com/which-is-the-best-gan-charger-for-2025/], today unveiled its newest 100W-240W GaN charger series, designed to deliver ultra-fast, multi-device charging while maintaining compact portability and global safety compliance. The launch underscores Wecent's continued leadership in GaN technology and reinforces its position as a go-to OEM and ODM partner for global brands and distributors.
Next-Generation GaN Technology for Smarter, Faster Charging
The new Wecent chargers integrate advanced Gallium…
Canada Data Center Networking Market Forecast to Reach USD 980 Million by 2030, …
Mordor Intelligence has published a new report on the Canada Data Center Networking Market, offering a comprehensive analysis of trends, growth drivers, and future projections.
Canada Data Center Networking Market Overview
The Canada data center networking market [https://www.mordorintelligence.com/industry-reports/canada-data-center-networking-market?utm_source=abnewswire] stands at USD 710 million in 2025 and is forecast to reach USD 980 million by 2030, expanding at a 6.9% CAGR.The market landscape is characterized by a mix of colocation facilities and liquid-cooled…
Team Velocity Named 2025 Microsoft Advertising Channel Partner of the Year
New York, N.Y. - November 19, 2025 - For the second time, Team Velocity [https://teamvelocitymarketing.com/?utm_source=content&utm_medium=paid&utm_campaign=microsoft-awards-press-release-november-2025] has been named Channel Partner of the Year by Microsoft Advertising. This recognition reflects the industry leader's continued success in driving innovation, performance, and collaboration within the Microsoft Advertising ecosystem. Celebrated at the 10th anniversary of the awards in New York City earlier this month, the honor underscores Team Velocity's commitment to delivering best-in-class digital…
More Releases for Medicaid
Nassau County Medicaid Planning Lawyer Seth Schlessel Outlines Key Asset Protect …
Understanding which assets can be preserved during the Medicaid application process is critical, particularly in New York, where the financial thresholds and eligibility guidelines are highly specific. In a detailed blog post titled "What Assets Can You Keep When You Go on Medicaid?", Nassau County Medicaid planning lawyer Seth Schlessel (https://www.schlessellaw.com/what-assets-can-you-keep-when-you-go-on-medicaid/) of Schlessel Law PLLC breaks down the categories of assets applicants may retain without compromising their eligibility. The content…
Long Island Medicaid Planning Attorney Seth Schlessel Explains the Disadvantages …
Long Island Medicaid planning attorney Seth Schlessel (https://www.schlessellaw.com/disadvantages-of-a-medicaid-trust/) offers critical insight into the often-overlooked downsides of Medicaid Asset Protection Trusts (MAPTs), a popular estate planning tool for those aiming to preserve assets while qualifying for long-term care benefits. While these trusts can protect wealth from being depleted by nursing home costs, they also present legal and financial hurdles that require careful evaluation. At Schlessel Law PLLC, Seth Schlessel helps Long…
Long Island Medicaid Planning Attorney Seth Schlessel Explains Spousal Refusal i …
Long Island Medicaid planning attorney Seth Schlessel (https://www.schlessellaw.com/what-is-spousal-refusal-and-how-does-it-work/) provides insight into spousal refusal, a key legal strategy for protecting assets when one spouse requires long-term care. In Medicaid planning, spousal refusal allows a non-applicant spouse to legally decline to use their financial resources to pay for the care of the Medicaid applicant spouse. This approach is particularly relevant for married couples in New York who seek to safeguard their financial…
Nassau County Medicaid Planning Attorney Seth Schlessel Explains the Medicaid Sp …
Nassau County Medicaid planning attorney Seth Schlessel (https://www.schlessellaw.com/spend-down-medicaid-in-new-york/) provides essential information on the Medicaid Spend Down process, a crucial financial strategy for individuals seeking to qualify for Medicaid despite having income or assets above the eligibility limits. Through Schlessel Law PLLC, he helps individuals navigate Medicaid rules, ensuring access to essential healthcare services.
Medicaid Spend Down allows individuals who exceed Medicaid's financial thresholds to qualify by allocating excess income toward medical…
Long Island Medicaid Planning Attorney Seth Schlessel Offers Insights on Applyin …
Long Island Medicaid planning attorney Seth Schlessel (https://www.schlessellaw.com/how-to-apply-for-medicaid-on-long-island/), of Schlessel Law PLLC, recently shared vital information to help Long Island residents manage the complex aspects of applying for Medicaid and protecting their assets. Medicaid provides critical healthcare coverage for individuals and families with limited income, but its strict requirements often make the process overwhelming.
Medicaid plays a crucial role in covering healthcare expenses, including nursing home care and personal care services,…
Houston Medicaid Planning Attorney Whitney L. Thompson Releases Insightful Artic …
Houston Medicaid planning attorney Whitney L. Thompson (https://www.wthompsonlaw.com/when-should-medicaid-crisis-planning-be-considered/), of The Law Office of Whitney L. Thompson, PLLC, sheds light on the critical importance of Medicaid crisis planning. In an era where long-term care costs can impose significant financial burdens, understanding and implementing effective planning strategies can help families manage this complex matter without jeopardizing their financial stability.
Medicaid crisis planning serves as a safety net for individuals facing unforeseen health emergencies…
