Filling the role of caretaker to an older adult who you love, such as a parent, can sometimes be a difficult job. Needs vary, but you might find yourself driving to medical appointments, handing out medication or even providing mobility assistance and daily grooming care.
Westchester elder law attorney Anthony J. Enea of Enea, Scanlan & Sirignano, LLP recently addressed the importance of long-term care planning in an educational program to the Yonkers Chamber of Commerce. With millions of baby boomers coming of age, Mr. Enea urges those in or approaching their elder years to take a proactive role in planning for the future.
A joint bank account is a ubiquitous and popular way to own an account with one's spouse, children, loved ones and friends. Generally, the primary and most significant advantage to using a joint bank account is that any of the parties named to the joint account will have access to its funds and, if the account is a joint account with rights of survivorship, the account passes to the surviving named account holder(s) upon the death of any joint tenant.
Anthony J. Enea, managing partner at Enea, Scanlan & Sirignano, LLP, recently appeared on WVOX1460AM to discuss planning options for seniors. Listen to the complete interview, conducted by Joseph Ruhl, Regional President - Westchester County, Orange Bank and Trust Company, here.
When meeting with a client and his or her family, one of the first inquiries I make is to determine whether or not he or she has previously executed a durable general power of attorney (POA) and, if so, what provisions it contains. Since a POA is, like many legal documents, a standardized form created by statute, the natural tendency is to assume that they are all the same and contain identical provisions. This, however, is often an incorrect and dangerous assumption.