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Many New Yorkers have loved ones who are aging and may need some help with various tasks. Their body may not be physically capable of doing the same activities that they were able to do when they were younger. However, in addition to the physical limitations that they...
More than ever, scammers are taking advantage of seniors and, in many cases, the scammers are successful at convincing the seniors to part with their money, sometimes thousands of dollars or more. In fact, at this point, seniors are being contacted so often by...
As people in the Buffalo area grow older, their lives, priorities and needs will change. People’s health can deteriorate over time. Some will need extra assistance to ensure that they are receiving the proper medications and assistance they need to complete daily...
Watching an elderly parent gradually lose their mobility or mental faculties is a painful process that can go on for a number of years. If an elderly loved one has a serious accident, becomes weaker from a crippling health condition, or experiences mental...
In New York State, people who have an elderly or infirm loved one who needs extensive care must consider alternatives. A nursing home is a viable option to provide the person with the attention, medical treatment and assistance they need. However, paying for it is...
You may plan on using Medicaid or other public assistance benefits to pay for your care needs during your senior years. However, these benefits are generally only available to those with a low income and few assets. Does this mean you have to impoverish yourself in...
A significant portion of Americans will require long-term care of some sort in their lifetime. This care can be incredibly expensive. While you might be able to afford it, paying for it out of your own pocket can severely decrease your estate, which means that your...
In New York, in order to qualify for Medicaid benefits, you must have assets below a certain threshold. The threshold is very low, and most people do not want to impoverish themselves just so they can qualify for the benefits they may need for nursing home care. It...
As people grow older, their grown children may begin to assess their parents’ futures as well. While people often think of the division of assets when doing estate planning, it is important for them not to forget that there will come a time when they will need more...
It may seem like the right time to address elder care planning needs is when a person has reached at least the age of retirement. Unfortunately, this is often too late for individuals to prepare for the costs and questions that often arise when elder care needs become...
