New York Elder Law And Estate Planning Blog
When to review your estate plan
To many residents in New York, an estate plan is something that only old people need, or that only very wealthy people need. Both of these assumptions are quite incorrect. There are many facets to an estate plan that make it important for people of all ages and means...
Could debt affect your heirs?
Debt does not easily go away when you die. In fact, part of the probate process will involve settling your debts. This could spell trouble for your heirs if they expect to inherit significant assets from you, and you failed to protect those assets. According to CNBC,...
Why New York’s 2020 Medicaid changes matter to your estate plan now
It can be tempting to think of an estate plan as something for the far-off future. A plan that you hope you won’t need for some time. However, it’s important to remember that the financial decisions you make every day affect the assets that will make up that estate...
What should you think about when writing a living will?
A living will is another name for an advance health care directive. It allows you to give instructions about the care and treatment you want to receive in the event of an injury or illness that leaves you incapacitated. It may be unpleasant to think about the prospect...
Important Topical Estate Planning and Elder Law Updates
Attorneys Jaclyn Kramer and Wayne Carrabus presented a webinar on important topical estate planning and elder law updates. There is a lot of misinformation on social media and this webinar was offered to educate people on how to best protect themselves and their...
Do all estates enter the probate process?
Whether you are getting your affairs together and planning your estate or you have recently lost a close friend or loved one, it is important to understand the steps of estate administration and the probate process. The probate process is designed to ensure that the...
Will my parents have to sell all their assets to get Medicaid?
Medicaid is a federal program that provides additional coverage for seniors who have a low income. These additional services can help your parents pay for their long-term care needs, such as nursing facility costs. It also covers items that Medicare does not, such as...
Ron Lanza Interview Featured In Long Island Press
Ron Lanza was interviewed about his elder law and estate planning law firm practice, legal misperceptions, the importance of technology and how the firm has evolved in an article in the April issue of Long Island Press. Custom Computer Specialists sponsors this...
Important steps after a cancer diagnosis
Over the last few decades, the survival rate for cancer patients has improved for many forms of cancer. This, however, does not negate the reality that cancer continues to be the cause of death for many individuals regardless of how long they live after their initial...
What all goes into a DNR order?
A Do Not Resuscitate order may seem like a grim subject, but for many it can be a great tool of control in later years. Should the worst happen, medical professionals will avoid saving your life at every cost, respect your wishes, and allow nature to take its course....
