As our family members age, it may become necessary to make decisions they are unable to make, such as healthcare and financial decisions. A guardian may need to be appointed in these instances, particularly if one has not been specifically designated. What is...
Elderly guardianship. What is it and why do you need it?
When your parents or grandparents are in solid health, the last thing on your mind is the possibility of elderly guardianship. Unfortunately, the truth is, as individuals get older, it is likely their health will fail and they may no longer be able to make decisions...
Planning ahead for elder care: 4 key things to consider
As you age, like many seniors, you may be seriously considering what you want your golden years to look like. How do you want your children or other caregivers to care for you? What decisions would you like them to make on your behalf? As you're managing basic estate...
Planning for Medicaid: NY Medicaid 101
Medicaid eligibility is complicated, and it changes from time to time. The application is lengthy and involved. Many applications are denied for simple issues like a missing signature or incorrect date. As an entire generation of "Boomers" retires, seniors and their...
When your loved ones can no longer make their own decisions
Good health is no guarantee for anyone in New York, young or old. Sometimes a person is so injured or ill that they are incapable of making decisions on their own behalf, for example, if they are in a coma or develop dementia. In such situations, the vulnerable adult,...
Nursing home costs and Medicaid planning
Although New Yorkers are worried about their own well being, those married also put much effort into caring for and about your spouse. This is why discussions about the end of their life and their estate plan are essential throughout a marriage. While understanding...
The rising concerns for care facility residents during COVID-19
In the age of COVID-19, relatives of nursing home and long-term care facility residents remain concerned about the lives of their elderly loved ones. Many of these residents are the most vulnerable to this terrible pandemic. As a result, these facilities must continue...
3 ways to help loved ones avoid becoming a victim of fraud
Fraudsters are known to target our senior loved ones and, according to a recent report in Barron's, their efforts are successful. Scammers have reportedly gained billions of dollars in ill-gotten gains from senior Americans. These fraudsters are largely successful...
3 ways to protect assets while planning for long-term care needs
Long-term care can be very costly. Those who need to plan for this expense may find themselves trying to figure out how to pay for a loved one to receive the care they need without depleting the assets the family has worked for generations to accumulate. This may...
Tips to keep a loved one safe in a long-term care facility
A recent case out of Texas is calling attention to the need for family members to better ensure their loved ones are safe at long-term care facilities. The case involves an individual that gained access to long-term care units and allegedly murdered inhabitants. The...