Every year, government agencies that provide benefits for seniors update some of their limits to account for the impact of inflation. This certainly applies to Medicaid, and we will look at the 2022 spousal impoverishment standards in this post. Why Is Medicaid Relevant? Before we focus on the provisions that are made for a healthy […]
nursing home asset protection
An Informative Conversation About Asset Protection
We answer many of the same questions when we speak with clients, so we know what people are curious about. In this post, we will answer some frequently asked questions about asset protection. If you bookmark this page, you can visit us often to gain more useful information about elder law, estate planning, and financial […]
What Is an Elder Law Attorney and Why Would You Need One?
You may wonder why “elder law” is an area of legal specialization. Why would an older person have different legal concerns than someone that is younger? This is a logical question, and we will endeavor to answer it in this post. Long-Term Care Expenses There are certain challenges that can present themselves when people reach […]
Are You Prepared for Your Twilight Years?
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. […]
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 […]
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