Category Archives: Estate Planning
Common Mistakes To Avoid In Estate Planning For Elders
New York estate planning is, in most situations, a fairly complex endeavor, and the stakes are high. You need the right Westchester County attorney to ensure that your wishes are respected and your assets go to the people you wish to have them. It is crucial that you and your attorney avoid the most… Read More »
Applying To Medicaid As A Married Couple Can Be Complex
When a person over the age of 65 decides to apply for Medicaid benefits, it can be a surprise to learn that in most cases, a married couple is treated as a unit for the purposes of income and other financial information. In some ways, seeking long-term care benefits as a married person is… Read More »
New York Advance Directives Protect Your Rights
No one wants to ever contemplate that there may be a time when they cannot speak for themselves. However, the sad fact is that it does happen, and sometimes, it can happen without warning. It is crucial that, once you hit a certain age, you have plans in place to ensure your wishes can… Read More »
Gifts and Estate Planning In New York
When a person is creating their estate plan, gifts to friends and loved ones are often contemplated and made during the donor’s lifetime. This is known as giving an inter vivos gift – ‘inter vivos’ meaning ‘between living people.’ One might think that simply giving gifts would be easy – but legally, it can… Read More »
Estate Planning With A Disabled Beneficiary Can Be Complex
When a person is planning their estate in Westchester County or Putnam County, it is something that should be taken very seriously. This is doubly true for those with disabled beneficiaries. A person may simply want to gift to a disabled person – out of a wish to support them, to pay for medical… Read More »
Life Estate Deeds & Medicaid Planning
Medicaid planning is the process by which a person divests themselves of assets in order to qualify for Medicaid-paid long-term care. It can be difficult to plan appropriately for Medicaid eligibility, because Medicaid requires a person not to have many assets in their own name, while most people want to preserve as many assets… Read More »
Changing My New York Will
As most people get older, they start to think about who will receive their assets when they are no longer alive to enjoy them. Estate planning attorneys can assist anyone who is interested in ensuring that their wishes are honored legally. The foundational document that most people use to start their estate plan is… Read More »
When Is Probate Necessary?
Most of the time, a person in Westchester County seeks the help of an attorney when they want to avoid the probate process, given that probate can be a long, drawn-out experience. With the help of an attorney, it is possible to structure your estate so that it does not have to go through… Read More »
Frequently Asked Questions About New York Medicaid
Medicaid is the federal program responsible for helping New York seniors be able to afford long-term nursing home care. It is important to understand that it does not come without a cost. The entire process can be overwhelming and confusing to the average person, especially someone who has a fair number of assets. An… Read More »
Proper Planning To Avoid A Health Crisis
It is too common for an elderly person to not have a proper estate plan in place. The worst-case scenario for an elderly person is finding out that they need nursing home care immediately – or very soon – and then realizing that they are not eligible for Medicaid to fund that care. Given… Read More »