We need to learn to accept death in the United States
Life may never be the same after the waves of COVID-19. With tens of Americans having succumbed to the coronavirus in the U.S., some of us are considering our own mortality. Life insurance companies have several new customers. Estate planning lawyers are engrossed in creation estate plans for multiple clients. Many of us are think […]
What Is the Look Back Penalty Period in Long Island?
The Look Back Penalty Period is a concept associated with Medicaid eligibility. The look back penalty period is the length of time during which you are denied Medicaid benefits as punishment for having gifted out assets during the 5 year look back period. The look back penalty period in Long Island varies according to the […]
5 Benefits of Employing an Estate Planning Lawyer
Estate lawyers are very beneficial in the process of estate planning. Estate planning is a complex process that certainly requires to be executed with help from a qualified individual. These qualified individuals are now the said Estate lawyers/ Attorney. Assets are very sensitive to handle as well as your personal affairs. There exists a high […]
How Does Probate of Real Estate Work
Everyone who owns any property should have a will, not because they need it but because people you leave would need it. Once you pass away, you must give legal ownership of your belongings to anyone. Your real estate needs to divide between the inheritors of your will. Probate is a special procedure that ensures […]
All you know about home care and Medicaid
Medicaid is a government and state funded program designed for seniors, disabled, and those who aren’t financially buoyant. If you intend on applying for Medicaid, you may want to know if it covers home care. Of course home care is one of those services covered by Medicaid. Medicaid will take care of the cost associated […]
Two-Thirds of all Americans are Missing This Estate Planning Document
Without an estate plan, your family and loved ones will pass through several difficulties. In fact, sometimes, making an estate plan may not be enough especially when it lacks those important estate planning documents. Of course, a will is one of those documents. However, there are more! A will is not effective in preventing probate […]
When an Enduring Power of Attorney Becomes Effective
EPA is an estate planning tool that makes it possible to grant another person the power to make decisions over your affairs either financial or welfare in the event you are not able to make these decisions by yourself. This type of estate deed is drafted while you are still in your correct state of […]
Does Getting Medicaid Affect Medicare?
It is normal to worry whether Medicare will affect your Medicaid eligibility, or whether getting Medicaid would affect your current Medicare. But the truth is, there is nothing to worry about. Medicaid does not affect Medicare; neither does Medicare affect your Medicaid eligibility. So long your income and asset fall below the limit, you are […]
Planning Your Inheritance
When it comes to Estate Planning the first thing you need to do is list all your assets including your estate and figure out with who gets the inheritance but only until the debts you still owe is payed. The reason being is so members of your family won’t be forced to pay these debts […]
Estate Planning Process & Step by Step Guide!
As we move ahead in our life we are working continuously to earn more n more so that we can provide ourselves and our family a comfortable life and while doing that we accumulate a certain amount of assets and wealth. During our life we are there to manage our finance and take care of […]