Unless you have a crystal ball, it’s impossible to predict what the future holds. Should you become unable to make your own decisions, it is imperative to appoint someone to take care of your affairs and make healthcare decisions on your behalf. Additionally, in order to ensure that your assets are passed on to your loved ones without problems, high legal fees and time delays, it is important to start your planning today.
It is a little-known but important fact that receiving benefits of one kind can affect benefits of another kind, sometimes adversely.
Take the case of Sally and her son, Paul. Sally is a constant advocate for Paul, who has special needs. Paul is currently receiving Medicaid and Supplemental Security Income (SSI). Sally is also receiving Medicaid.
When there is a death in your family, the first thing that comes to mind probably isn’t Social Security; and it shouldn’t be. But it should be noted that some of the decedent’s family members may be able to receive Social Security benefits if the deceased person worked long enough under Social Security to qualify for benefits. In order to find out what, if any, benefits you or your family may be entitled to, you should contact the Social Security Administration.
A big congratulations to Vincent J. Russo who has yet again, been named the Best Lawyers' Elder Law “Lawyer of the Year” for the Tri-State Area (New York, New Jersey and Connecticut). Vincent has been honored in the Best Lawyers…
Deciding when to apply for Social Security Benefits can be confusing and many may be making a mistake. Do you wait for full retirement or have a split strategy? For most retirees, waiting to begin collecting Social Security is a…
If Congress doesn't act fast, the Social Security disability trust fund will run out of money in 2016. This will result in an automatic 20 percent cut in benefits. This is unacceptable. One of the main reasons for the impending…
The age-old question, “When should I start taking my Social Security Benefits?” is one that has plagued individuals in their late 50s and early 60s for decades. It is a great question that has a frustrating answer – it depends…
The Social Security Administration must recognize same-sex marriages when determining marital status for Title II and Medicare benefits, thanks to the landmark U.S. Supreme Court case, United States v. Windsor. This means that spouses of same-sex marriages are entitled to…
Nothing is ever simple. If you have excluded funds such as German Reparations, what must be done to make sure they are excluded for Medicaid purposes? The best approach is to make sure that they you do not commingle these…
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