Though you may not consider yourself old enough to think about needing a nursing home one day, the need for long-term care could affect anyone at any age. True, older individuals are more likely to need this type of attention, but really, a sudden illness or injury...
Elder Law
Could a trust help you with your Medicaid application?
Throughout your life, you may have always had access to medical care when the need arose. As a child, your parents and their insurance coverage likely covered any expenses associated with your care, and you may not have considered how costly health care could be until...
Growing old is not supposed to be dangerous
If your mother or father currently resides in a New York assisted living or nursing facility, you probably worry about him or her from time to time. It's only natural, especially if you're not able to visit as often as you'd like. No amount of research or...
The long arm of nursing home debt
Whether you have your finances in order or are struggling to get ahead, receiving notice that someone is holding you responsible for another person's debt is rarely welcome news. In your case, you may be concerned that the nursing home or long-term care facility where...
Power of attorney in New York: Three things you should know
Estate planning is about more than just passing assets from generation to generation. A balanced estate plan also addresses how your affairs should be handled in the event that you are unable to manage them yourself.This could happen to anyone at anytime. An accident...
What’s the number one issue when estate planning for the elderly?
Estate planning can be a complex process. Those attempting to put together a balanced plan likely find themselves navigating difficult questions like: Is a will enough? Should trusts be included? Is Medicaid an option? In comparison, the top reported estate planning...
Three things Baby Boomers need to know about estate planning
Baby Boomers have a reputation for breaking through old stereotypes, and they're at it again. Not be outdone by previous generations, Baby Boomers are living longer and more actively. Boomers are taking up new hobbies (paddle boarding, anyone?) and traveling to...
Five Myths About Medicaid Planning
Estate planning can be a challenging topic for many people to embrace. Not only can it be frightening to consider what will happen to your assets after you pass away, it can be difficult to think about how you will pay for the care and attention you need as it gets...
SSI Eligibility after Inheritance or Personal Injury Settlement
Elder law clients many times have issues maintaining the SSI eligibility after an inheritance or personal injury settlement. In order to determine eligibility for SSI, SSA must determine the value of an individual's resources at the first moment of the month....