What Are Health Care Proxy Laws In New York?
There are illnesses which render a person incapable of making decisions concerning their health due to either mental incapacity or worsened state of health. These decisions might be treatment plans, mode of treatment, extent to which you might want a particular treatment to go etc. These are very delicate decisions that must be made at […]
What Are The Most Important Issues An Elder Law Attorney Can Help With?
As the name suggests, an elder law attorney is an attorney with special training in elder law. Elder law deals with all the legal laws and provisions made available to senior citizens as well as the common issues this category of persons face, such as elder abuse. Elder law attorneys typically handle issues concerning long-term […]
How can an Elder Law Attorney be of Help?
Elder law attorneys are counselors for the elderly including their loved ones. Most lawyers who practice elder law are charged with a panoply of legal issues affecting an older or disabled individual, including matters linked to healthcare, long term care planning, guardianship, retirement, Social Security, Medicare/Medicaid, and other crucial related issues. Elder Law Attorneys are […]
Revocable Trust in Estate Planning
To create a good estate plan, it is recommended that you consider setting up a few estate planning document to ensure that you are well catered to after your death. In addition, these estate planning document can ensure that the transfer of your assets is smooth, timely, and done according to your wishes. One of […]
What are the main ways to pay for long term care?
The phrase “long term care” is regarded as a panoply of care services that individuals may need. Sometimes, long-term care may cover skilled nursing / medical care. However, most times it is usually related to non-medical assistance with the basic self-care responsibilities of our day-to-day life, also regarded as activities of daily living (ADLs). ADL […]
Two-Thirds of all Americans are Missing This Estate Planning Document
Without an estate plan, your family and loved ones will pass through several difficulties. In fact, sometimes, making an estate plan may not be enough especially when it lacks those important estate planning documents. Of course, a will is one of those documents. However, there are more! A will is not effective in preventing probate […]
How Does A Pooled Income Trust Work In NY Brooklyn?
To discuss the pooled income trust and how it works in NY, we have to first discuss Medicaid eligibility. Medicaid eligibility in NYC Nursing home and long-term care costs are very high. It becomes a problem for senior citizens to look forward to without feeling agony about how badly the costs will affect their hard-earned […]
Planning Your Inheritance
When it comes to Estate Planning the first thing you need to do is list all your assets including your estate and figure out with who gets the inheritance but only until the debts you still owe is payed. The reason being is so members of your family won’t be forced to pay these debts […]
What does a well-developed plan looks like?
No everyone understands the concepts of estate planning, which is why some of us often see an estate plan as irrelevant or basic. If you are yet to grasp the full concept of estate planning, I would be very glad to sum it up for you in a sentence. Estate planning is a plan that […]
7 Big Estates Planning Mistakes – Not Avoiding Probate
Estate planning might end up not giving the expected result due to mistakes in the process of planning. Some mistakes which could be encountered in estate planning include; not reviewing and updating your estate plan from time to time, not avoiding Probate, failure to plan for your young children, etc… This article will cover the […]