Navigating the 2024 Tax Season
It is that time of year again, where taxpayers must file their personal income tax returns. But, what do you need to know before filing your tax return?
Vincent Russo on CFN Live: Navigating the 2024 Tax Season
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on March 18th, 2024 to discuss“Navigating the 2024 Tax Season” https://youtu.be/Jg2qnoMY3qk Vincent J. Russo discusses which tax return form should you use, how to get your…
What Is the Difference Between Palliative and Hospice Care?
Palliative care and hospice care can provide comfort to seriously ill patients and patients who have received a prognosis of imminent death. Each type of care is intended to improve the quality of life among patients who receive it. Many…
Medicaid Planning with Exempt Transfers
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.
Vincent Russo on CFN Live: Medicaid Planning with Exempt Transfers
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…
Medicaid Asset Protection Trusts: An Essential Strategy for Seniors
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.
2024 Standard Protections for Spouses of Medicaid Applicants
Each fall, the Centers for Medicare & Medicaid Services (CMS) renews the federal guidelines that seek to protect individuals whose spouses are applying for or receiving Medicaid long-term care benefits. These protections, known as the Spousal Impoverishment Standards, help to support…
Be Aware of the Dangers of Joint Accounts
Many people believe that joint accounts are a good way to avoid probate and transfer money to loved ones. While joint accounts can be useful in certain circumstances, they can have dire consequences if not used properly. Adding a loved one…
Will Better Staffing Help Your Loved One in Long-Term Care?
For residents of nursing homes and other long-term care facilities, lack of sufficient staff has become an increasingly urgent concern in recent years. The shortage in this critical area of health care, linked in part to employee burnout and turnover,…
Understanding Medicaid and Long-Term Care
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/ndDdA6xovQc How can seniors afford care? This has been the critical question seniors have been asking for decades. We have a broken long term care system and Medicaid is…