Planning for healthcare costs in retirement is important for everyone. If you are on or planning to be on Medicaid, planning ahead is even more important. Medicaid includes financial eligibility requirements, which is one of the big reasons it is so important to plan...
Preserving & Protecting Your Family’s Assets & Legacy
Month: October 2018
What amount of assets could be kept for Medicaid eligibility?
Many people know that nursing home care and other similar assistance is expensive. Of course, it is common for older individuals to need this type of care due to medical issues. When it comes to determining the best options for paying for care, some parties may wonder...
Trusts 101: Do you need one?
There are many options to consider when creating an estate plan. So much so, that all the terms can get confusing. Wills. Trusts. Powers of attorney. It's so confusing that one study shows only 40% of people have a will or trust. That's an alarming number, and may be...
Nursing home care may be necessary for some individuals
Most New York residents want to do what is best for their loved ones. In some cases, that may mean seriously considering placing a parent or other loved one in a nursing home. This thought can easily bring a number of emotions from guilt to relief, but this move...
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