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New York Estate Planning And Elder Law Blog

Avoid these mistakes when applying for Medicaid

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...

Should I have a will or a trust?

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...

Medicaid planning and trusts for long-term care

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...

Planning ahead with long-term care options

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...