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Monthly Archives: August 2022

Planning4

How Do I Choose The Right Health Care Proxy?

By Meyer & Spencer, P.C. |

An important part of estate planning in Westchester County and Putnam County is creating advance directives and choosing a health care proxy to make important medical decisions for you if you become incapacitated and unable to make those decisions for yourself. Yet choosing a health care proxy can be complicated, and it is important… Read More »

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ElderCPlan

Elder Law And Medicaid Estate Recovery: How Does It Work?

By Meyer & Spencer, P.C. |

It is critical to plan ahead for Medicaid coverage for nursing home care given the very high costs. The New York State Department of Financial Services reports that nursing home care in downstate New York costs approximately $340 per day.  That’s more than $10,000 per month! Over the course of a year, the average… Read More »

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ElderCouple

How Can I Pay For Long-Term Care?

By Meyer & Spencer, P.C. |

Long-term care for older adults in Mahopac and throughout New York State is extremely expensive, and it is important for seniors to think about asset protection strategies in the event they need to pay for care in a nursing home or to move into an assisted-living facility. According to the New York State Department… Read More »

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Trust

What Is A Quiet Trust?

By Meyer & Spencer, P.C. |

When you are considering estate planning in Putnam County and you are thinking about putting assets in a trust, you will likely come across information about a wide range of trusts in New York. There are various types of trusts that a person can establish, and they have different purposes. Certain trusts are designed… Read More »

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