Understanding Home Care
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Understanding Home Care

Our clients are frequently confused by the various types of services that fall under the general term “home care.” Generally, home care helps disabled adults and chronically ill or cognitively challenged seniors live independently for as long as possible, given the limits of their medical condition. It covers a wide range of services and is...

Mistakes Executors Make
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Mistakes Executors Make

Executors are bound by a bewildering array of responsibilities and duties. There is no official training manual, at least not one designed for the public, and they are often challenged by the conflicting demands of the job. Here are some common pitfalls that executors should avoid.   Failing to read, understand and follow the terms...

Guardianship – Different Strokes For Different Folks
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Guardianship – Different Strokes For Different Folks

Generally speaking, guardianship is a legal relationship, authorized by a Court, under which one person, the “guardian,” has the right and duty to care for another, the “ward,” and/or their property. In New York, there are three (3) different types of guardianship proceedings, each suited to a different set of circumstances.   Article 17 of...

Selling Your Home in an Irrevocable Trust
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Selling Your Home in an Irrevocable Trust

Is your home owned in an irrevocable trust? If so, you may have a life estate interest in your home and your irrevocable trust may own the remainder interest. This means that you continue to own the exclusive right to live in the home for the rest of your life, and are responsible for all...

Medicaid Changes
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Medicaid Changes

Last year we addressed anticipated changes to community based Medicaid eligibility (home care) with the passage of the 2020 budget. Be- cause of the pandemic, these new rules have not been implemented. They are currently deferred until October 2022. However, that could change depending on the severity of the new variants. In the last few...

Estate Planning in the Age of Step-Families
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Estate Planning in the Age of Step-Families

Many of us have at least one step- relative in the family – a step-parent, a step- or half-sibling or a step-child. Because the relationships among step-family members are frequently as strong or stronger than the relationships we have with our direct family members, it is important to take current and potential step- relationships into...

Medicaid’s Protections Are Afforded To Same-Sex Couples Nationwide
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Medicaid’s Protections Are Afforded To Same-Sex Couples Nationwide

In a landmark decision, the U.S. Supreme Court has ruled that state bans on same-sex marriage are unconstitutional and that states must recognize same-sex marriages performed in other states. Among other implications, the ruling means that same-sex couples living in states that previously did not recognize their marriage will now be covered by Medicaid’s “spousal...

Understanding Your FDIC Coverage
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Understanding Your FDIC Coverage

The FDIC (Federal Deposit Insurance Corporation) is an independent agency of the United States government, created to protect depositors of FDIC insured banks and savings associations, against loss due to the failure of the insured bank. It covers all types of deposits, checking, savings, money market and time deposits like certificates of deposit (“CDs”), dollar-for-dollar...

What is Hospice Care?
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What is Hospice Care?

Hospice is a specific type of “palliative care” which focuses on comfort driven care and pain relief, not curing. While palliative care may be available for patients at any stage of an illness, hospice care is for those with “a life-limiting illness,” in other words, people who are un- likely to live for more than...