The holiday season is when families come together, and it is not uncommon to notice changes in the behavior of aging parents. Memory loss, repetitive behavior, and becoming frustrated over small things are just a few symptoms you may notice in your parents that may...
Wall Street Work At Main Street Prices
Month: January 2024
How to Approach the Conversation about Elder Law Planning with Your Parents
The holiday season is when families come together, and it is not uncommon to notice changes in the behavior of aging parents. Memory loss, repetitive behavior, and becoming frustrated over small things are just a few symptoms you may notice in your parents that may...
How can people create viable asset protection plans?
A simplistic approach to estate planning is very common. Adults may worry primarily about naming a guardian to care for their children or providing clear instructions about the distribution of their property when they die. However, many older adults can benefit from a...
Don’t Let Your Inheritance Slip Away: Planning for the Sandwich Generation
Have you heard of the term 'sandwich generation'? It refers to those caring for their children on one side and their aging parents on the other. If you fall into this category, you know how busy your life can be. You might juggle work, household duties, and parenting...
Protecting Your Inheritance: Why Planning is Crucial for Your Parents’ Assets
We all want to make sure that our loved ones are taken care of after we pass away, but what if you find out that your parents' hard-earned assets are at risk of being lost due to medical expenses or long-term care costs? Unfortunately, this is becoming a common...
Preparing for Parents with Dementia and How to Protect Their Assets
It's natural for children to worry about their aging parents, especially when there's a growing concern for dementia. Whether it's worrying about their quality of life or how to protect their assets, dementia is a challenging diagnosis, and it requires proper...
Can You Qualify for Free Long-Term Care at Home Using Medicaid? Here’s Everything You Need to Know
As we age, it's common to worry about the cost of long-term care, especially when you have limited resources or assets. Fortunately, Medicaid, a government-run program, is designed to aid those who need long-term care and cannot afford it. However, there are many...
Why Establishing A Trust After Receiving An Inheritance Is So Important!
Losing a loved one is hard enough, but it can be even more traumatic when it leads to financial ruin. Unfortunately, this scenario often happens when people need help planning their estate correctly. In this blog post, we will explore the story of a client who lost...
Choosing the right person to serve as health care proxy
Adults generally have the legal authority to make their own healthcare decisions in New York. They can decline treatment if it violates their religious beliefs or seek elective care that is not strictly medically necessary. However, some people end up in a situation...
Planning ahead for the high costs of aging
The Baby Boomer generation, well-known for their ballooning birth rates in the postwar period, is now entering the stage of life where they may need care and assistance as they age. Many are moving into nursing homes and assisted living centers. Others are utilizing...