The cost of nursing home care is staggering. With the average stay in a nursing home being 2.29 years, it is reported that as many as 80% of aging adults lack the financial resources to pay for that care. Seniors can lose all that they have in a crisis.
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on March 5th, 2024 to discuss“Medicaid Planning with Exempt Transfers” https://youtu.be/vRwM-9IoUcE Vincent J. Russo discusses the Nursing Home Crisis, how Medicaid covers Nursing Home Care, and…
Tangible personal property describes personal property that can be felt or touched and can be physically relocated. Way too often families will fight over tangible personal property such as a favorite ceramic dish or inexpensive oil painting.
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on February 18th, 2024 to discuss“Leaving Your Personal Property to Family can be Problematic” https://youtu.be/McTYaGPl1Rg Vincent J. Russo discusses how to leave your personal property under…
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on February 22nd, 2024 to discuss“Making the Most of Gift Cards” https://youtu.be/d6Ra543HcjY Vincent J. Russo discusses how to protect your gift cards, what happens if they…
Everyone loves getting gift cards. And many people enjoy giving them as well. More than 75% of adults purchased at least one gift card during the past year. Surprisingly, more than $2 billion dollars’ worth of gift cards go unused every year.
While most people prefer to be independent and self-sufficient, it is important to keep in mind that it is impossible to know how long someone will be able to remain independent or self-sufficient.
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on February 15th, 2024 to discuss“Empowering Yourself with the Power of Attorney” https://youtu.be/Uy9_EvlFiFo Vincent J. Russo discusses the benefits of the Durable Power of Attorney, who…
The cost of long term care is staggering. Nursing homes cost on average in this country $108,405 and in New York State $158,797. A cost that most seniors cannot afford to privately pay.
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on January 17th, 2024 to discuss“The Annual Estate Planning Checkup” https://youtu.be/LO_lbc_kFZA Vincent J. Russo shares insights on why you should have an annual estate planning checkup,…