Choosing to place one or both parents in a nursing home or other long-term care facility is never an easy decision. However, moving a parent to a location where they can receive around-the-clock care may be in the best interests of both the aging parents and their...
PLEASE NOTE: We are able to fully assist you during these difficult times. We are offering our clients and prospective clients the ability to meet with us via telephone or through video conferencing. Please call our office at 914-948-1500 so that we may assist you.
We are pleased to announce the reopening of our White Plains office location for in-office meetings. We are following the applicable New York State regulations for Phase 2 re-openings. These regulations limit in-person gatherings, so although we will hold a select number of in-person meetings, we will continue to encourage telephone and video-conference meetings whenever possible. We have implemented health and safety procedures for all staff, as well as those clients who come into the office. Please click here for in-office meeting procedures.
Month: February 2022
How may a court choose a guardian?
If you have aging family members, it can be a good idea to discuss with them how to plan for their possible incapacitation by setting up a power of attorney or selecting someone who could serve as a guardian. If not, a court may pick a guardian in the event your...
Can you reduce taxes associated with estate plans?
When making plans regarding your estate and the inheritance you wish to pass to your loved ones, taxation is likely the last thing on your mind. But if you do not pay it close attention, taxes could end up making a significant dent in your loved one's inheritance....
Choosing guardians and trustees for your child
A fiduciary is someone who acts on behalf of another in legal matters. When you are estate planning as the parents of minors, it is important to find fiduciaries who are both qualified and willing to act in your child's interests in the event that you both die....
Choosing a trustee for a special needs trust
The safest way to create financial stability for a loved one with special needs is to establish a special needs trust. The beneficiary has access to lifelong funding and remains eligible for benefits when managed properly. A crucial step in creating this trust is...
What is a living will?
When it comes to estate planning, every person should have a reliable plan in place, regardless of their age or financial status. Living wills are one essential part of estate planning that can benefit you while you are still alive. Living wills contain directives on...
What do you know about Medicaid denials?
As you or a loved one approaches your golden years, you may want to get a head-start on understanding Medicaid. Even if you submit an application, you may not receive approval. The American Council on Aging explains common reasons for a Medicaid denial. Before...
Long-term care for your veteran parent
If you have an aging parent who needs quality care, it is important to look at all available resources. Long-term care can be costly, but if your parent is a military veteran, you may be able to circumvent some of these costs. Whether you are looking at nursing homes...
Is your spouse automatically your heath care agent?
Few things are more personal than your health care. After all, you have deeply held beliefs about medicine and medical treatments. You may also have an illness or injury you prefer to keep discreet. Still, the day may come when you are physically or mentally incapable...
What is Medicaid planning?
Medicaid is a government-run health insurance program for low earners. To qualify for benefits, you must meet specific income requirements, which include calculating your assets as part of your income. The American Council on Aging explains that when planning for your...