In New York, a caregiver agreement, also known as a personal services contract, is a tool used by elder law attorneys to protect assets from nursing home costs in certain circumstances.Family caregivers, often adult children and predominantly women, spend untold hours and sometimes even their own money taking care of aging parents. If the parent pays the child for the caregiving, the payments will be deemed a gift if the parent applies for Medicaid in a nursing home within the next [...]