On behalf of Futterman, Lanza & Pasculli, LLP | Apr 20, 2020 | Elder Law, Estate Planning
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...
On behalf of Futterman, Lanza & Pasculli, LLP | Feb 13, 2020 | Elder Law
As they age, New York residents may find they need more assistance with day-to-day tasks. While family and friends help when they can, it may not be enough to tackle household chores and daily maintenance. If their quality of life begins to suffer, many seniors choose...
On behalf of Futterman, Lanza & Pasculli, LLP | Oct 28, 2019 | Elder Law
If you have a family member who has been newly diagnosed with Alzheimer’s disease, you likely have witnessed its impact on your family. A diagnosis can spur a range of emotions, including confusion, anger, denial, fear and sadness. The cognitive symptoms of the...
On behalf of Futterman, Lanza & Pasculli, LLP | Jun 26, 2019 | Elder Law
A health care proxy is someone that you authorize to make medical decisions on your behalf. Appointing a proxy can help ensure that you get the health care or medical attention you want or need, in the event that you are unable to communicate. A proxy will speak on...
On behalf of Futterman, Lanza & Pasculli, LLP | Mar 2, 2018 | Elder Law
Most irrevocable trusts created for the purpose of protecting assets from the costs of long term care (i.e., the nursing home) must file a Form 1041 (for IRS Federal filing purposes) and a Form IT-205 (for New York State filing purposes) only once – for the year...
On behalf of Futterman, Lanza & Pasculli, LLP | Dec 6, 2017 | Elder Law, Medicaid Planning
Effective January 1, 2018, Medicaid regional rates for calculating transfer penalty periods for 2018 were increased from 2017. The regional rates are: Long Island $13,053 New York City $12,319 Northern Metropolitan $12,428 Rochester $11,692 Northeastern $10,719...
On behalf of Futterman, Lanza & Pasculli, LLP | Sep 30, 2017 | Elder Law
When an individual needs help with the activities of daily living, to avoid a nursing home and remain in their residence (whether in Hauppauge, Commack, Kings Park, Smithtown, St. James, or any other Long Island town), a benefit worth obtaining is Community-based...
On behalf of Futterman, Lanza & Pasculli, LLP | Sep 23, 2017 | Elder Law
PERSONAL CARE SERVICES AND FUNCTIONS IN SMITHTOWN, NY When an individual needs help with the activities of daily living, to avoid a nursing home and remain in their residence (whether it’s in Smithtown, Valley Stream, or any other Long Island town), a benefit...
On behalf of Futterman, Lanza & Pasculli, LLP | Sep 22, 2017 | Elder Law
When an individual needs help with the activities of daily living, to avoid a nursing home and remain in their residence, a benefit often worth obtaining is Community-based Medicaid. Community Medicaid will pay an agency that will provide home health aides to assist...
On behalf of Futterman, Lanza & Pasculli, LLP | Feb 17, 2017 | Elder Law
New guidelines have been promulgated by the Consumer Financial Protection Bureau (“CFPB”) to make it easier to modify or assume an existing mortgage on a decedent’s home. The goals of these guidelines are to reduce unnecessary foreclosures on homes...
