When the time comes to move a parent into a New York nursing home or assisted living facility, the budget may play a key role in where your parent ends up. However, using a budget alone to select a nursing home for your mother or father may expose your parent to...
Preserving & Protecting Your Family’s Assets & Legacy
Elder Law
Eligibility for Medicaid and retirement accounts
Before entering a nursing home or assisted living facility, many seniors need to obtain Medicaid benefits to pay for the cost. However, qualifying for Medicaid involves falling within a relatively low income bracket and having fairly minimal assets. New York’s...
Challenges that families face when looking at nursing homes
Families who are helping a loved one transition into a nursing home or assisted living facility have to process an overwhelming amount of information and make some very difficult decisions. At a time when people are feeling scared and vulnerable about what will happen...
Will Medicaid exempt your parent’s home?
You may have heard that if your parent owns a home but requires nursing home care, Medicaid will consider the home an asset. The more assets your parent has, the less likely Medicaid will help cover the cost of long-term care. The good news is that this is not true...
Is it the nursing home, or my mother?
You love your mother and want her to be happy, which is part of the reason why you did a lot of research and selected the very best nursing home for her needs. However, what do you do if your mother calls you up with a litany list of complaints against the nursing...
Reducing the risks of identity theft for the elderly
Identity theft can take away everything a person has worked so hard to build and replace it with uncertainty and fear. Seniors face a higher risk of identity theft because many have diminished mental function and do not recognize warning signs until it is too late. ...
Can we protect seniors from financial abuse?
Most seniors spend the majority of their adult lives in school and working so they can retire comfortably. Unfortunately, health deteriorates as people get older. In some cases, your loved ones may lose autonomy over finances and other key aspects of their lives. The...
What are potential signs of undue influence?
New York residents like you work hard to ensure that your estate provides you with everything you need in life. Going a step beyond that, you want to ensure that it provides for your loved ones after your death, too. Thus, you want to ensure that your estate plan...
New state program engages the office of the LTCOP
The elderly face many obstacles as they age and their physical and mental capabilities decrease. For those living in assisted living facilities, they often must rely on beneficial regulations and agencies that support their best interests and welfare. A new New York...
What’s the best way to pay for nursing home care?
Even though it’s difficult to think about, there may come a point in your future when you need to spend time in a nursing home. And for that reason, you need to prepare as far in advance as possible. By doing so, you’ll give yourself peace of mind. It’s important to...
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