5 Questions To Ask When Updating Your Estate Plan After Remarriage

5 Questions To Ask When Updating Your Estate Plan After Remarriage

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...
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What Is Medicare Advantage?

What Is Medicare Advantage?

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...
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The Checklist You Need for Choosing a Medicare Advantage Plan

The Checklist You Need for Choosing a Medicare Advantage Plan

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,...
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Open Enrollment: Medicare is Not Medicaid

Open Enrollment: Medicare is Not Medicaid

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...
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Do the New Medicaid Rules in New York Impact My Current Planning?

Do the New Medicaid Rules in New York Impact My Current Planning?

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...
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Planning For Long-Term Care At Home

Planning For Long-Term Care At Home

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...
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The Difference Between Revocable and Irrevocable Trusts

The Difference Between Revocable and Irrevocable Trusts

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. ...
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Changes to New York State Medicaid Laws Have Arrived

Changes to New York State Medicaid Laws Have Arrived

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...
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