This blog has previously discussed the various ways one can plan for his or her potential long-term care needs. Long-term care insurance, for example, may be a piece of the puzzle, but it likely won't be enough, and the claims process can be especially challenging. Medicare could also help alleviate the financial strain, but even this government program has its limits. In addition to creating estate planning accounts devoted to long-term care needs, New Yorkers can also pursue Medicaid, which can provide a lot of financial relief during your time of need.
Previously, this blog discussed undue influence and the effect it can have on estate planning and the execution of an estate. Although many New Yorkers think that their estate is safe from the influence of others, especially when trusted friends and family surround them, the truth of the matter is that those who are closest to an individual can sometimes be the most problematic.
New Yorkers who place a loved one in a nursing home may be concerned about their elderly loved one's health and well-being. This is why many New Yorkers make extensive efforts to vet any potential placements for their loved ones. However, despite diligent efforts, many New Yorkers find that their loved ones are in the care of negligent and abusive nursing home professionals. Although compensation may be available to victims of abuse and neglect, succeeding on such a claim requires putting forth competent and compelling evidence.
Drafting an estate plan is supposed to be a process blanketed in trust. Those engaging in estate planning often trust professionals to provide them with advice that is best for their set of circumstances, and those same individuals often trust that their heirs and beneficiaries will abide by the estate plan. Although thoughtful and thorough estate planning can ensure that trust is maintained and that asset distribution upon death occurs in accordance with a testator's wishes, there are circumstances where trust is betrayed and estate plans are threatened.
As we have discussed previously on this blog, nursing home abuse and nursing home neglect are much more common than many people realize. It only takes one rogue employee to seriously injure or even kill a vulnerable resident. The aftermath of such an incident can be devastating. Those victims who are fortunate enough to survive can be left facing extreme pain and suffering, a worsened medical condition with, perhaps, a decreased chance of survival and additional medical expenses. Surviving family members can be left with similar damages, and their emotional harm can be immeasurable.