Unlike Medicare, which is an age-based government insurance program, Medicaid is an income-based program intended to help those who cannot cover the cost of their own medical care. There are restrictions on assets and income for Medicaid that don’t exist for Medicare....
When you divorce, a lot of changes occur in your life. You might change your address. You might change your last name. But you definitely should consider changing your estate plan. That’s because while you’re in the process of divorce, or even after it’s final, your...
As a grandparent, you know that the love you have for your grandchild is unique. You want to do everything in your power to help them through all stages of their life. You know that you may only be around to do so when they’re young, but that’s where estate planning...
The Secure Act went into effect on Jan. 1, 2020, and that has some major consequences for long-term financial planning and estate plans. Here’s what you need to know about how things have changed. It’s easier to have a retirement plan The Secure Act actually provides...
There are many reasons why people in New York may consider a trust when it comes time to plan for the future. Estate planning may help people to achieve a number of their goals for their loved ones, from simply distributing property and assets to protecting them from...
