What to Expect When Hiring an Elder Law Attorney
Meeting with an elder law attorney is a significant step. People should understand what the elder law planning process involves, and what your attorney will need from you to make the process the most effective it can be. First, don’t have the mind-set that planning revolves around a particular legal...
The Cost of Elder Care: Options at a Glance
Proactively addressing the care you may require as you age is critically important. The results of failing to plan cannot only be financially devastating and result in a lack of proper day-to-day care for yourself, it can also cause significant stress on your family and even separation from your spouse....
An “Irrevocable” Trust May Not Be Irrevocable After All
The most common client request in my elder law practice is the desire to protect a residence and other assets from the high cost of long-term care, which in the Hudson Valley will often exceed $12,000 per month. Proactive planning requires that the client make gifts of selected assets, with...
Protecting Public Benefits After Receiving an Inheritance
I recently met with a woman in her late 50’s who about ten years ago suffered a traumatic brain injury (“TBI”) that left her disabled. “Barbara,” who was divorced with no children, had an insufficient number of countable work credits and was ineligible for both Social Security Disability Insurance (“SSDI”)...