22 Reasons to Update Your Will Now Divorce, death of a spouse, adoption of a child, marriage, or birth of a grandchild. These major life events and others may make it necessary to update your New York will and estate plan. The following events may require you to update your will so that it is…
NY Nursing Home Fined for Beating Death A Buffalo, New York nursing home where an 82-year-old woman was beaten to death by another resident has been fined the maximum amount of $10,000 by the New York State Health Department. She mistakenly wandered unsupervised into a male patient’s room in the dementia unit at Emerald South…
Elder Abuse: National Consumer Protection Week Forbes.com published an article titled “4 Risk Factors for Elder Financial Abuse,” highlighting a nationwide problem that can be difficult to uncover. National Consumer Protection Week is an important time to raise awareness of financial abuse, especially for seniors and people with disabilities. The National Academy of Elder Law…
Living Trusts Protect Assets from Nursing Home The free New York NURSING HOME MEDICAID GUIDE answers ” does a living trust protect assets from a nursing home?” It also answers these frequently asked questions: What are the 2017 asset and income levels that allow Medicaid eligibility? What is the 2017 Medicaid penalty regional rates? What resources are not…
Devastating Costs of Alzheimer’s Dementia Care The soaring cost and prevalence of Alzheimer’s disease has a tremendous impact on our nation’s families and economy. This is according to a disturbing 2017 report released yesterday by the Alzheimer’s Association. The statistics in the report emphasize the need for estate and Medicaid planning for disability. 390,000 New…
Managing Problems: Last Chapter of Your Life As part of your estate planning, you should have “A Playbook for Managing Problems In The Last Chapter of Your Life” as described here by Judith Graham in Kaiser Health News. You can take steps to avoid a crisis in the remaining years of your life. CHICAGO — At…
11 Steps to Forming a Family Cottage LLC After reading my last blog “10 Advantages to Cottage LLCs”, you may have decided to transfer your family vacation home into a New York LLC. These are the eleven steps to forming a New York vacation home LLC: Consult with an attorney with expertise in real estate,…
10 Advantages of Family Cottage LLCs Michael’s parents own a cottage on Lake Ontario in Wilson, New York which has great sentimental value to him. He has fond memories of summers on the lake as a child. He wants to keep it in the family for his children, his brothers and future generations to enjoy.…
End of 3 Month Retroactive Medicaid Coverage The End of Three Month Retroactive Coverage Puts Providers and Families At Risk according to the National Academy of Elder Law Attorneys. Sec. 114(b) of the American Health Care Act would repeal retroactive coverage of Medicaid eligibility. This puts providers at risk of economic loss; strains family finances;…