Month: July 2021
Eligibility for Medicaid in New York
Medicaid is a social services program that provides some New York residents with financial assistance so that they can receive access to health and medical care. Not everyone is eligible for Medicaid, and Medicaid is not the same as Medicare. While Medicare is for...
The importance of an executed durable power of attorney
For most New Yorkers, estate planning focuses on protecting financial wealth and naming beneficiaries who will receive property and assets from an individual's end of life estate when they die. However, estate planning is much more than just executing a will. One...
What is a guardianship fiduciary bond?
When the court appoints a guardian to oversee the health or financial decisions of a ward, the guardian takes on the role of a fiduciary. This means that the guardian must act, and make decisions, for the benefit of the ward. In some cases, the court may also require...
Understanding the benefits of a special needs trust
Providing for the living and health care expenses of a disabled person can be very challenging. The living and health care expenses of a disabled person can be nearly astronomical, and providing funds to meet those needs can be extremely difficult. Fortunately, both...