Author's details

Date registered: November 27, 2012

Latest posts

  1. Estate Planning and Retirement Considerations for Late-in-Life Parents — February 27, 2018
  2. How Will the New Tax Law Affect You? — January 15, 2018
  3. How Does the Medicaid Look-Back Period Work? — October 27, 2017
  4. How to Deduct Long-Term Care Insurance Premiums From Your Income — October 16, 2017
  5. How to Reverse Medicare Surcharges When Your Income Changes — October 10, 2017

Author's posts listings

Dec 22

Lack of a Will Could Mean Chaos for Prince’s Estate

Lack of a Will Impact on Prince's Estate

The famed recording artist Prince died leaving an unknown fortune and possibly no will or estate plan to dictate what to do with that fortune. Prince’s sister, Tyka Nelson, told the probate court in the Minnesota county where Prince lived that her brother did not have a will, which means his estate could be in …

Continue reading »

Dec 05

May Someone With Dementia Sign a Will?

Dementia and Estate planning

Millions of people are affected by dementia, and unfortunately many of them do not have all their estate planning affairs in order before the symptoms start. If you or a loved one has dementia, it may not be too late to sign a will or other documents, but certain criteria must be met to ensure …

Continue reading »

Mar 21

Medicaid for Millionaires?

Medicaid for Millionaires? Can a millionaire qualify for nursing home Medicaid? Part of the practice of Medicaid planning is to position a client in such a way that the client will financially qualify for Medicaid. At first blush, a client with a large net worth would not meet the financial criteria for Medicaid. But can …

Continue reading »

Sep 10

Advanced Age Marriage- Prenups are not just for divorce

Marriage Later In Life

  Marriage Later in Life Anytime two people get remarried and there are children from a previous marriage there needs to be consideration of how your estate plan will function with your children and your new spouse.  Your estate and assets were built over time with a previous spouse, or on your own with the …

Continue reading »

Sep 03

What will happen to my special needs child when I can no longer care for them?

Special Needs Trust mikel450 / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0) A special needs trust is a discretionary trust with the purpose of caring for and enhancing the lifestyle of a special needs person when you pass away or are no longer able to care for them.

Continue reading »

May 21

Record keeping and Medicaid Applications in NY

Joann was a good daughter.  She did what any good daughter would do:  when mom became ill, she sacrificed her own life and well being to take care of mom.  She left full time employment and took a part time job, so she could be with mom to help her take care of her medical …

Continue reading »

» Newer posts