Do you think that prenuptial agreements are only for the very wealthy or merely a plot point in movies about dynastic families with multiple properties? The truth is that pre-nuptial agreements can be helpful in many different situations, specifically if you may be getting married again after being widowed or... Read More
Is it important to update your estate plan after remarriage? Yes, even though it may not be the first thing you think about after remarrying, it can be important to update your estate plan as soon as possible after remarriage so that you can help ensure that your family, your assets, and your wishes may be... Read More
Did you know that Medicare Advantage, also known as Medicare Part C, is a type of Medicare plan that encompasses each of the other parts of Medicare in an all-in-one option? If you enroll in a Medicare Advantage plan, you will receive coverage from Medicare Part A (hospital insurance), Medicare Part B (medical... Read More
When choosing a Medicare Advantage insurance plan, do you know what can be important to keep in mind? First, you should check out what type of coverage may be offered in the three different areas that the typical plan encompasses. Second, you should take a close look at whether any extra services are covered. Third,... Read More
Open Enrollment in 2020 will run from Sunday, November 1, 2020, through Tuesday, December 15, 2020, for health insurance coverage beginning on January 1, 2021. During Open Enrollment for health insurance, you may have questions about what type of health insurance plan you are eligible to participate in. There are... Read More
Have you considered that in every state, Medicaid rules intersect with estate planning guidance? New York is no different. Your Medicaid eligibility is impacted by your assets and it can be important to understand your options if you want to plan for Medicaid eligibility. In New York, you should consider long term... Read More
Did you know that some states have filial laws on the books that can make family members responsible for covering the costs associated with getting care for aging or ill parents? Most states that have filial laws in place rarely enforce them, but there seems to be an uptick in the number of nursing homes that have... Read More
Most of us do not think about it, but the reality is that we will likely need some form of long-term care as we age. Although most people think they need to go into a skilled nursing home facility, there are options for the home. Medicaid can help pay for this, but have you heard that there are some new rules? The... Read More
Have you ever heard of the term legalese? It is the language unique to the legal profession that often appears in fine print. This makes it easy to ignore, hard to read and, for the uninitiated, impossible to understand. To complicate matters further, some legal terminology is unique to certain aspects of the law. ... Read More
Did you know that, on October 1, 2020, significant changes to New York’s Medicaid law are anticipated to go into effect? These changes are likely to make it more difficult for many New Yorkers to obtain Medicaid benefits for long-term care costs, including valuable home care costs. Let us discuss a few of the central... Read More
