It is a misconception that a sizeable retirement plan, such as an IRA, 401K, or 403B, prevents one from qualifying for Medicaid. Luckily, in New York State, this is not […] Read more »
Love can bloom even in your golden years! Whether you’re tying the knot for the first time or giving it a second (or third) go-round, below are some long-term care […] Read more »
It is understandable to want to maintain the privacy of your estate plan and finances. Yet, failing to disclose this crucial information to your loved ones before you become ill, […] Read more »
In their journey through the golden years, many seniors find themselves in a gray area where they are past the point of living safely and independently in their homes, but […] Read more »
In order to financially qualify for home care Medicaid (HCMA) or nursing home Medicaid (NHMA) in New York State, one’s liquid non-retirement assets must total below $31,175 for a single […] Read more »
Too often, homeowners dismiss the idea of transferring their real property to an inter vivos trust (i.e., a trust that is created during one’s lifetime as opposed to a trust […] Read more »
It is a misconception that, in order to protect one’s assets from the cost of long-term care, an individual must transfer all of their assets to an irrevocable Medicaid asset […] Read more »
Most people purchase life insurance to ensure their loved ones will be financially sound upon their demise. While the details of these policies vary, they generally fall into one of […] Read more »
The U.S. Administration on Aging estimates that 70% of Americans over the age of 65 will require long-term care services, such as home care, assisted living, or skilled nursing. The […] Read more »
As the use of AI and cloud-based platforms have become widespread, so have “DIY” Last Wills and Testaments (LWTs). There is no denying the convenience of drafting your LWT from […] Read more »
