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Articles Posted in Elder law estate planning

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PROTECTING YOUR FUTURE VIA POOLED TRUST ASSET ALLOCATION

COMMON LEGAL WAY TO PROTECT EXCESS INCOME         Unfortunately many means based programs, such as Medicaid, are strict in their qualifying criteria.  Depending on the specific facts you may not qualify for Medicaid and even as little as twenty dollars a month can make a difference.  There is no sliding…

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DONATE MY BODY TO SCIENCE

Donating an organ or even a whole body for scientific study or medical education is a relatively common event, which permits a person with perhaps a rare or not well understood disease to contribute to medical science.  Even if the person passes without a disease or any unique characteristics, medical…

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Who will Manage Your Affairs in the Event You are Incapacitated?

No one likes to consider the fact that they may one day need help in managing their affairs, but the fact remains many people will need a fiduciary they can trust to act on their behalf when incapacitated. Typically as part of an estate plan, an individual will execute a…

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The Mickey Rooney Example: Be Clear About Funeral & Burial Plans

Legendary actor Mickey Rooney died earlier this month at the age of 93. Over the later course of his life, Rooney offered many important lessons related to elder law estate planning. For one thing, he was a vocal advocate against senior financial exploitation. In 2011 he testified before a U.S.…

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Is New York Ready For Boom in Old Age?

The Post-Star recently published a story with the provocative headline: “Old Age is Coming, and We Are Not Ready.” The article touches on some practical issues in New York state that have often been discussed in the wake of the national demographic shift that is already underway. As most know,…

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Authorities Often Act Too Late to Prevent Elder Financial Abuse

The Bellingham Herald discussed an often overlooked but vital matter that is of serious concern to our New York elder law estate planning attorneys: elder financial exploitation. Our work helping local residents avoid the probate process, save taxes, and plan for disability, involves elements of trust and relationship-building. Yet, we…

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