As a retiree, one of your biggest concerns will undoubtedly be health care. Not only the quality of care you receive, but the cost of that care as well. If you served in the United States Armed Forces, you may be entitled to both veteran’s benefits and Medicare. The Hauppauge Medicaid planning attorneys at the Law Offices of Kobrick & Moccia explain whether you can benefit from both VA benefits and Medicare at the same time. Medicare Medicare is a federally funded healthcare program for … [Read more...] about Can I Have Medicare and Veteran’s Benefits at the Same Time?
Estate Planning and Divorce
On their own, divorces and estate planning efforts are uncomfortable; when they’re combined, it takes on an entirely new meaning. Both of these events symbolize endings, after all. While estate planning helps prepare you and your family for the ultimate end, divorces were never supposed to be part of a family dynamic. No one marries with the goal of divorcing. Toss money and other assets into the mix, and well, it can quickly lead to the worst in human nature: pride, anger, grief. When Estate … [Read more...] about Estate Planning and Divorce
10 Things You Need to Know about Alzheimer’s
Over the last century, the life expectancy of the average American has almost doubled. While living longer is certainly something to look forward to, the increased lifespan can be both a blessing and a curse. Advances in medicine and science have led to the increased lifespan; however, a way to slow down the natural aging process has remained elusive, as has a cure for age related dementia diseases such as Alzheimer’s. Like most people, you undoubtedly know a little about Alzheimer’s; however, … [Read more...] about 10 Things You Need to Know about Alzheimer’s
New York Healthcare Directives
During the course of your lifetime you will make billions of decisions. Some of those decisions will be seemingly unimportant, everyday decisions while other will be huge, life changing decisions. Regardless of how important each of those decisions is, the point is that you made the decision. It would seem odd then, even unfair, to be stripped of the right to make your own healthcare and/or end of life decisions right? That is precisely what often happens, however, when an individual has not … [Read more...] about New York Healthcare Directives
Do I Work with You or a Paralegal?
Working with an attorney to create your estate plan will likely be an ongoing endeavor and should result in a lasting relationship given the fact that your estate plan should evolve throughout the course of your life. If you have never had the opportunity or need to work closely with an attorney before you may find the process somewhat foreign to you. You may also find that you have a number of practical questions, such as “ Do I work with you or a paralegal? ” In fact, this is one of the most … [Read more...] about Do I Work with You or a Paralegal?
Does a Trust Protect My Assets from a Nursing Home?
At some point in your life you may find yourself facing the need to move to a nursing home. Along with the emotional impact of that decision there are also practical and financial implications that go along with needing nursing home care. The cost of nursing home care, for example, is typically a concern for the average individual or couple. You may have heard stories about nursing homes trying to seize assets of residents and even their children as a way to cover those expenses, leading you to … [Read more...] about Does a Trust Protect My Assets from a Nursing Home?
Does a Trust Protect My Assets from a Nursing Home?
At some point in your life you may find yourself facing the need to move to a nursing home. Along with the emotional impact of that decision there are also practical and financial implications that go along with needing nursing home care. The cost of nursing home care, for example, is typically a concern for the average individual or couple. You may have heard stories about nursing homes trying to seize assets of residents and even their children as a way to cover those expenses, leading you to … [Read more...] about Does a Trust Protect My Assets from a Nursing Home?
Is Your Parent at Risk of Falling Prey to a "Granny Scammer?"
From the time you were born your parents took care of you, watched over you, and protected you from things and people who might do you harm. As your parents get older, however, those roles often reverse. Now it may be your turn to take care of them and protect them from unscrupulous individuals who prey on the elderly. Specifically, you need to make sure your parents are not at risk of falling prey to a “Granny Scammer”, a new breed of con artists who uses social media to con the elderly. In … [Read more...] about Is Your Parent at Risk of Falling Prey to a "Granny Scammer?"
Can I Get Medicaid to Help Me at Home in New York?
As we all age it becomes more difficult to care for ourselves and accomplish the daily tasks that were once so simple. For many, this ultimately leads to a stay in a long-term care facility; however, checking into a long-term care facility isn’t always the answer. Sometimes, all that is really needed is someone to help around the home for a few hours every week for an elderly individual to remain in his or her own home, thereby avoiding the expense of long-term care. If you are elderly and find … [Read more...] about Can I Get Medicaid to Help Me at Home in New York?
Do You Need a Living Trust?
Many clients are confused about the role a living trust can play in their estate planning efforts. A trust is created so that assets or property can be moved to the trustee who’s named in the living trust. Many don’t like the idea of relinquishing ownership of their assets, but the benefits are worth consideration for many of those people. It’s not that you’re losing control of your property or assets, it’s still yours. You’re just covering the legal bases in case you become incapacitated or die … [Read more...] about Do You Need a Living Trust?