DOCUMENTS ALL COLLEGE STUDENTS SHOULD HAVE At 18 years old, your recent high school graduate is an adult with a full array of legal rights. You may not have considered this because they’re still your child. If your son or daughter is preparing to travel to college in a few weeks (or even if classes…
REMOTE EXECUTION OF WILLS IS NOW PERMITTED IN NEW YORK Remote execution of Wills is now permitted in New York State. Governor Cuomo’s Executive Order 202.14, issued on April 7, 2020, finally permits what many trusts and estates attorneys, and their clients, have been waiting for – permission to conduct will-signing ceremonies remotely. People…
ESTATE PLANNING AND COVID-19 Jacobowitz & Gubits wishes all of our clients well during these challenging times. Although we are working remotely, we are fully functional via telephone, email and video conference. One thing many people are thinking about these days is estate planning. Wills and trusts are something that people frequently put off, but…
Trusts Can Provide Creative Solutions for Young Children or Problem Beneficiaries When people explore estate planning, many discuss protecting assets from long-term care costs, creditors, lawsuits, and divorces. People understandably want to guard their nest egg for their beneficiaries. A less commonly discussed (but sometimes equally important) issue is protecting assets from the beneficiaries….
What You Need to Know About Community Medicaid for Care in the Home Many people are interested in avoiding nursing homes and receiving Medicaid services in their own homes. Community Medicaid provides these services and can be an ideal solution for many seniors, but there are limitations. Here is what you need to know: 1.Community…
Seven Ways To Spend Down for Medicaid The Medicaid resource level for an individual senior trying to qualify for long-term care or nursing home services is $15,750.00 throughout New York State. This article will address seven ways to spend down for Medicaid. There are numerous legal strategies that can shield and protect assets, but one…
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Including Your Pets in your Estate Plan All dogs may go to heaven, but what happens if you get there first? As an estate planning attorney, I frequently advise clients on how to protect assets from long-term care and nursing home costs, estate taxes, probate, and more. But for some people, there’s more to estate…
What to know about Medicaid’s 5-Year Look-Back Period Nursing homes in the Hudson Valley can cost upwards of $15,000.00 per month. Qualifying for Medicaid to get those costs covered is critical. You may have heard that there is a five-year look back period if you want to shield your assets from nursing homes. Here’s what…
Consider Talking to Your Loved Ones About Your Estate Plans Consider talking to your loved ones about your estate plans. Death can be one of the most challenging subjects to discuss. In my role as an estate planning attorney it is a topic of daily conversation. But talking about mortality with your children can be…
