February is Responsible Pet Owners Month. Celebrate by updating your New York Last Will and Testament to make provisions for your pet dog, cat or other companion, including a pet trust. Under the laws of all 50 states, a pet owner cannot leave any part of his or her estate outright to a pet. However, […]
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You are being discharged from a New York hospital after surgery. How do you designate your daughter to be your caregiver when you return home to recuperate? What if your daughter needs instructions on how to care for you? The Caregiver Advise, Record, and Enable (CARE) Act amended the New York Public Health Law to […]
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Feb
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 coordinated with your other estate planning documents […]
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Feb
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 Nursing and Rehabilitation Center. The man reacted […]
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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 2020 asset and income levels that allow Medicaid eligibility? What is the 2020 Medicaid penalty regional rates? What resources are not counted when determining Medicaid eligibility? How can […]
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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 York residents 65 and older suffered […]
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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 least once a day, Dr. Lee Ann […]
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Feb
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, business and estate planning law. Consult with an […]
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Feb
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. Since his parents are in their […]