Is there any financial assistance available to grandparents raising their grandchildren?

Yes, There are various types of financial assistance available to grandparents in New York who are raising their grandchildren. One source of assistance is the Temporary Assistance for Needy Families (TANF) program. This program provides temporary financial assistance to help with basic needs such as food, shelter, utilities, and medical care. The amount of assistance a family may receive depends on the number of people in the family and their income. The New York State Office of Children and Family Services also offers grandparents the option to become legal guardians of their grandchild or become adoptive parents. Becoming a legal guardian grants grandparents certain rights and responsibilities over the child, as well as the ability to access and use certain services and benefits. Adoption allows the grandparent to become the legal parent of the grandchild, with all the associated rights, duties, and privileges. Other forms of assistance available to grandparents in New York include tax credits, such as the Earned Income Tax Credit and the Child Care Credit. Additionally, grandparents may be eligible for Medicaid to help cover health-care costs for their grandchild. It is important for grandparents to familiarize themselves with the assistance programs available to them in order to make sure they are taking advantage of all the resources they qualify for. Financial assistance can make a big difference when it comes to raising a grandchild.

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