Long-Term Care Insurance (LTCI) is an important part of retirement planning that should not be overlooked. Although it can be a vital component of a well-rounded and realistic retirement plan for most, it is not necessarily for everyone. For example,…
Uno de los cónyuges quiere jubilarse y el otro quiere seguir trabajando. Pero antes de tomar esta decisión es importante planificar con antelación para evitar una trampa oculta en cuanto a las prestaciones de la Seguridad Social. Veamos la situación de Juan y María. Juan, de 64 años,...
On Marzo 19, 2013, the U.S. Supreme Court continued to protect the rights of Medicaid beneficiaries from states that have been attempting to take disproportionate share of their tort recovery, such as a personal injury or medical malpractice settlement/award. In…
If you die without a Will, then your entire estate could go to New York State. This is true regardless of the size of your estate or the donative intentions you may have. Unfortunately this was the case with the Estate of…
I need money to pay my bills, should I get a reverse mortgage? A reverse mortgage allows seniors to convert home equity into cash as a loan. This is one option for seniors so they can remain at home. The loan…
New Yorkers face income taxes, real estate taxes, sales tax and now - sales tax on the internet. New Yorkers must now pay sales tax on goods purchased on Amazon.com and Overstock.com. Amazon.com Inc., the largest online retailer in the…
The Supplemental Security Income program, like other needs-based programs, has certain limitations on the type of services and resources that can be given to recipients. For instance, if cash is given directly to an SSI recipient, then his or her…
As millions of Baby Boomers approach retirement age they are faced with a task most never thought they would have – supporting their parents. More and more Boomers, who should be planning for their retirement years, see a portion of…
Yes... history has repeated itself. This year is yet another year in which a New York State Governor submitted a budget Bill that included a proposal to eliminate Medicaid “spousal refusal" in Medicaid community based care. And once again, New…
At a time in our history when the divorce rate in America is approximately 50%, and household debt is at a record high relative to disposable income, it is not unreasonable to be concerned with protecting your child’s inheritance from…