Everyone knows that you have to state your final wishes regarding the way you want your assets to be distributed when you are planning your estate. That facet is important, but a properly constructed plan should include another component. Once you are old enough to collect Social Security, your life expectancy is over 80 years. […]
Elder Law
Manhattan Long-Term Care Costs Increased Significantly in 2021
As an elder law firm, we pay close attention to the state of long-term care costs because most seniors will need paid living assistance eventually. Medicare does not pay for the custodial care that in-home caregivers and nursing homes provide, so this is not the financial solution. Genworth Financial is a company that sells financial […]
New York Community Medicaid Look Back Is Coming
We are going to look at a time sensitive matter related to Medicaid eligibility in this post. But before we explain it, we will provide some background information so you know why Medicaid should be on your radar. Medicare Eligibility A lot of people are not aware of a very inconvenient truth that can potentially […]
Elder Care Planning: Cross the Psychological Barrier
You probably try to keep yourself in shape so you look and feel as good as you can, but time doesn’t stand still. There is usually going to be some sense of denial about the aging process, and it is gradual, but the years pass rather quickly. No one wants to admit that they are […]
Alzheimer’s Looms Large for Seniors
Alzheimer’s disease is somewhat misunderstood by the general public. We all know that it exists, but there are aspects of it that are surprising to many people, and we will explain them here. Widespread Impact You may assume that the disease strikes a relatively small percentage of seniors, but in fact, the numbers are alarmingly […]
Are You Ready to Address Long-Term Care Costs?
Elder law attorneys assist clients that are concerned about the eventualities of aging. There are between 10,000 and 15,000 applications for Social Security being accepted every day because of the aging of the baby boomers, so our services are in great demand. The most pressing issue that we are dealing with at the present time […]
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