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If you are a Medicare recipient, or if you are eligible to receive Medicare benefits, here are some important Medicare Part A and Part B figures for 2022. See https://www.medicare.gov/what-medicare-covers/ for more detailed information. MEDICARE PART A: Hospital...
Americans are living longer and want to maintain their independence. By staying current with new car technology, keeping driving skills up to date and caring for our bodies and minds we don’t have to lose that independence. Driving consists of perception, decision and...
Advance directives are legal documents where you designate who should handle your financial and medical affairs and outline your specific wishes with respect thereto should you become incapacitated and unable to manage such affairs in the future. Although you may feel...
The amounts listed below are the 2022 Medicaid Regional Rates, which represent the average cost of a nursing home in each of the seven regions in the State of New York. These rates are used to calculate transfer penalties that may result from the gifting or...
For those New York residents who are in need of long-term care, New York State offers two Medicaid programs to cover the cost of such care. There is Community Medicaid, where the care is customarily administered in the person’s home by an aide, and Chronic Medicaid,...
When you die your estate is not subject to the federal estate tax if the value of your estate is less than the “exemption amount” (Federally) or the “basic exclusion amount” in New York State. For people who pass away in 2022, the Federal exemption amount will be...
Creating an estate plan is a crucial element in caring for your family. In order to situate your loved ones on a successful path, it is important to understand what documents you should have in place. Although each estate plan is unique to the client’s particular...
I represented an attorney who was injured in a car accident. She was making a left turn when her car was struck violently by a car who was speeding with no headlights on (it was dark out), who left the scene of the accident. The other car was going straight and would...
Do your parents’ have an estate plan? Most people do not want to think about something happening to their parents, but it is something you need to think about and plan for, particularly with aging parents. According to Money Crashers, only 42% of Americans have a Last...
The value of an independent eyewitness cannot be overstated. If you are in an accident, get identifying information on any witnesses – name, phone number, address. See if they will wait for the police and if so, have the police take their information and their...
