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Category Archives: Elder Law

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What You Need to Know About Reverse Mortgages in New York

By Meyer & Spencer, P.C. |

Many New York seniors struggle to make ends meet. When Social Security and private pension benefits are not enough to cover daily living expenses, those seniors who own their home may turn to a home equity conversion mortgage (HECM), more commonly known as a “reverse mortgage.” This is a special type of loan available… Read More »

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New York’s Elective Share Rule and “Sham” Marriages

By Meyer & Spencer, P.C. |

Under New York law, it is not possible for a person to completely disinherit their own spouse without their consent. The surviving spouse has the right to take an “elective share” of the deceased spouse’s estate. This applies even if the deceased spouse left a will purporting to expressly disinherit the surviving spouse. However,… Read More »

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Understanding End-of-Life Terminology

By Meyer & Spencer, P.C. |

For the family of a person on hospice or nearing the end of life, there are many emotions to deal with.  Grief, sadness, depression, anxiety, and maybe even a bit of guilt can plague loved ones. Perhaps you are dealing with concerns about your loved one’s estate and how you will manage it when… Read More »

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Beware The Rising Costs of Prescriptions as You Age

By Meyer & Spencer, P.C. |

We are always told to save for retirement, because you just never know how long you might live. We are told to save enough to not only live well in retirement, but also enough to offset for inflation. As the price of coffee, gas, and groceries continue to escalate, we are told to assume… Read More »

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Possible Disputes in a Guardianship

By Meyer & Spencer, P.C. |

Guardianship and Disputes A guardianship is a legal relationship created by court of law between an assigned guardian and a person who becomes a “ward.”  It is a powerful resource and can be quite effective in the area of elder care and asset planning.  The guardianship usually covers an incapacitated adult or sometimes a… Read More »

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Planning For Nursing Home Care

By Meyer & Spencer, P.C. |

Placing an elderly loved one in nursing home care requires a lot of planning.  It also involves legal questions surrounding the person’s medical care, finances and his or her estate.  Before placing your relative into nursing home care, you must ensure that they have their affairs in order to facilitate a smooth transition.  Emergencies… Read More »

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Guardianships: An Overview

By Meyer & Spencer, P.C. |

Caring for an elderly parent, grandparent or friend who has lost their mental capacity can be a difficult undertaking.  This is especially the case when the elderly individual cannot be trusted to make sound financial and personal care decisions.  The implementation of a guardianship is one of the best courses of action to help… Read More »

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Beware Senior Telephone Scams

By Meyer & Spencer, P.C. |

Recently, one of our senior clients received an urgent telephone call from someone posing as the “son” of her friend.  He even used that son’s name.  He sounded desperate and was “in trouble with the law” because his car caused property damage.  He accidentally left his wallet in the car that was towed away. … Read More »

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When should I start Elder Law Planning?

By Meyer & Spencer, P.C. |

The most question in our Elder Law practice is: at what age should I start my elder law planning? Unlike many other parts of our lives, there is no one answer. Elder law planning does not come in a “one size fits all” solution. The correct answer to the question is as diverse as… Read More »

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Elder Law Mistakes

By Meyer & Spencer, P.C. |

When it comes to elder law mistakes, one wrong move can become one very big, costly mistake. If you are trying to be proactive, make sure you engage an experienced elder law attorney. Otherwise, sometimes things can go wrong through no fault of your own. Take, for instance, the true case of a senior… Read More »

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