Estate Planning and ElderLaw Center for Life Care Planning
Main office located in Woodbury, NY
Give Us A Call | 516-340-9488
Your Family's Goals Are
Many older adults in New York require high quality long-term medical care but cannot afford the costs associated with this type of care. The government provides healthcare to eligible aging adults (65+) through the Medicaid program. However, many people make mistakes...
Every year and with every new administration, both state and federal law makers talk about changing the tax code. The most recent federal change was in 2017, but the most recent proposed change, at least on the federal level, is the Build Back Better Act. If passed,...
When a person passes away without a will, it can leave his or her family worried about what to do next. The estate will need to go through probate, which is the court process to administer the estate. The estate may include money, personal property, real property and...
As New Yorkers and people across the nation are living longer and healthier lives, it is easy to forget about the importance of long-term care planning. Health concerns and challenges can arise with a shocking suddenness. Even if a person is alert, vibrant and active,...
When a loved one dies with a will in New York, their estate must be probated. This can be a confusing time, especially if you are grieving your loss and have never gone through the probate process before. The situation may become even more confusing if you have been...
Maintaining your wealth requires holistic planning. Not only do you need to create a sound estate plan, but you also need to take into consideration any tax implications that may arise. This is especially true if you have a large estate, as failing to adequately...
If you want to distribute your assets among your loved ones when you pass away, you must create a will or a trust. Both of these estate planning tools will ensure that your assets and property passes down to those closest to you according to your wishes. They both...
Over the past few decades, there has been a population boom of older Americans who need long-term care. Whether they live in an assisted-living community or a more intensive medical facility, these Americans and their families face enormous expenses. Many Americans...
Many parents are interested in passing their family home to their children. Their home has many special memories and passing this on the next generation can be special. A clear estate plan can help a family pass along a home, vacation property, etc. to their children....
As our parents age, we can find ourselves contemplating care options for them once they begin to develop health problems. An important part of estate planning is tackling the challenges of long-term care. Assisted living and medical treatments are expensive in New...