In the advanced stages of life, home care, nursing home care and living assistance are some of the various realities that many individuals and families need to deal with. These services are often expensive, which means that many people usually rely on federal and...
Preserving & Protecting Your Family’s Assets & Legacy
Month: May 2019
What is Medicaid planning?
Long-term care costs often blindside those in retirement. Because of this, many turn to Medicaid to alleviate some of the financial burden of long-term care. Medicaid is a government health care program that can help with paying costly care expenses. However, Medicaid...
Advance health care directives recognized in New York
As many of our readers know, advance health care directives are legal documents meant to ensure that a person's wishes are fulfilled even when they are unable to make an independent decision due to advanced age or poor health. Three types of advance heath care...
How do revocable and irrevocable trusts differ?
There are many reasons to consider including a trust in your estate plan. However, some of the benefits and drawbacks of a trust will depend on the type of trust you choose. Typically, trusts will be either revocable or irrevocable, and if you are considering...
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