2024 Strategies for Long-Term Care Planning in New York
Aug 26, 2024
With 10,000 baby boomers turning 65 every day, long-term care planning has become an increasingly important issue across the United States, including in New York. The Need for Long Term Care With 10,0...
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Exploring the Role of a Trust Protector in Estate Planning
Jul 18, 2023
Estate planning involves careful consideration of various factors to ensure that your assets are protected and distributed according to your wishes. One element that can add an extra layer of flexibil...
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SECURE Act 2.0 & Estate Planning
Mar 10, 2023
The SECURE Act and SECURE Act 2.0 have made major reform to longstanding retirement planning. SECURE Act 2.0 When the SECURE Act passed in 2019, the biggest impact on estate planning was the eliminati...
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Electronic Notarization Comes to New York: What You Need to Know
Mar 03, 2023
New York State has recently passed new legislation - NY Executive Law Section 135-c, bringing significant changes to the rules governing notarization. Perhaps the most significant change is the allowa...
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Estate Planning for Singles
Oct 21, 2022
There is much discourse about estate planning for married couples, but what about seniors who are widowed or have never married? The Importance of Estate Planning Single people often have more complic...
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How much does a trustee get paid?
Oct 21, 2022
Being a Trustee of a trust carries serious responsibilities and trustees are compensated for their time. Section 2309 Section 2309 of the New York Surrogate’s Court Procedure Act (“SCPA”) sets forth t...
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Medicare’s 100 Days Explained
Jun 24, 2022
Medicare never covers the full cost of a skilled nursing facility. Medicare does not always provide 100 days of rehabilitation, it will pay “up to” 100 days. Qualifying for Medicare Part A Coverage Me...
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What is a Medicaid Fair Hearing?
Jun 08, 2022
A Fair Hearing is how to challenge a determination made by a local social services agency (“Agency”). An Administrative Law Judge from the New York State Office of Temporary and Disability Assistance...
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Applying for Medicaid to Protect a Spouse
Jan 26, 2022
There are many misconceptions surrounding Medicaid long-term care. One persistent myth is that a couple will lose all of their assets if one of the spouses applies for Medicaid to pay for a nursing ho...
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Find Out If You Have Unclaimed Funds in New York State
Jan 14, 2022
Did you know that banks, insurance companies, corporations and courts are required by law to report dormant accounts to the New York State Comptroller?...
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