Guardianship is a powerful legal tool for helping adults who are unable manage their affairs due to age, illness, or disability.
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Guardianship is a powerful legal tool for helping adults who are unable manage their affairs due to age, illness, or disability.
Continue reading ›With the cost of long-term care rising across the country, many adult children of elderly parents are rightfully worried about being held responsible for their parent’s long-term care costs. But is this something you really should be concerned about? In general, it is unlikely that you will be held responsible for your parents’ care. But,…
Continue reading ›As experienced estate planning attorneys, we cannot overstress the importance of advance medical directives. These comprehensive legal documents protect your healthcare wishes when you are unable to express them yourself. In this article, we will provide a brief overview of advance medical directives, and explain the consequences of failing to have such safeguards in place.…
Continue reading ›When faced with the necessity of long term care, many Americans find themselves in a dire financial situation. This is because long term care costs in this country are extremely high. Adult day health care services are on the low end, with median monthly costs at $1,950 in New Jersey and $1,907 in New York.…
Continue reading ›As the population ages, the need for long-term care services like nursing homes and assisted living facilities continues to grow. Luckily, many seniors in New Jersey qualify for Medicaid, a state and federally funded health insurance program for low-income individuals. For the elderly, Medicaid often comes into play when they are receiving long-term care services…
Continue reading ›There is no denying that long term care facility costs are rising across the country. The good news is that medical fees—such as assisted living expenses—may be tax deductible. This guide, along with the advice of a seasoned New Jersey estate planning attorney, can help ensure that you are utilizing these advantageous tax provisions. How…
Continue reading ›As an experienced New York elder law attorney, one of the most common concerns my clients have is finding a nursing home, assisted living facility or adult day care center that meets their or their loved ones’ needs and preferences. With so many options available, it can be a daunting task to determine which one…
Continue reading ›Pooled Income Trusts in New York: The Ultimate Guide to Asset Protection for Seniors The concept of pooled income trusts can be overwhelming, especially for seniors and their families in New York. Our experienced attorneys are here to help you navigate this complex area, ensuring your assets are protected and your Medicaid eligibility is maintained.…
Continue reading ›Medicaid is a state and federal program designed to provide healthcare coverage for eligible low-income individuals and families. In New York, the program is administered by the New York State Department of Health, which offers an extensive array of services to beneficiaries. In this article, we’ll delve into the various types of services available through…
Continue reading ›Over the decades, the quality of our healthcare and life-saving medical interventions have improved. Lifespans have extended. And, consequently, people are discovering that they are outliving their financial resources. The Expense of Long Term Care Costs According to the State of New Jersey Department of Banking and Insurance, a national study has shown that “of…
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