» Financial Planning

Virginia Beach, VA (Law Firm Newswire) October 20, 2014 – Speaking to older parents about challenging subjects, including finances or the need for assisted living, can be stressful for both parties. Small disagreements can take on enormous significance, and overall communication can break down. Although there is no way to eliminate the stress inherent in such difficult discussions, good communication techniques can help parents and their adult children navigate their challenges effectively. “When adult children learn how to communicate with their aging parents, both the parents and children can appreciate one another and connect during the final stages of the […]


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Palo Alto, CA (Law Firm Newswire) October 17, 2014 – Michael Gilfix is a featured panelist at an upcoming Bay Area event focused on helping families ensure supported housing for their adult children with autism. The event, hosted by the Autism Society of the San Francisco Bay Area, is titled “A Place for Us: Supported Housing Solutions for Adults with Developmental Disabilities.” The day-long event will take place at the Sobrato Center for Nonprofits in Redwood City on October 24. Gilfix will take part in a panel discussion on “retention of family property and collaborative purchase of homes for grown […]


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Virginia Beach, VA (Law Firm Newswire) October 13, 2014 – President Barack Obama recently announced 19 new steps to expand veterans’ access to mental health care. The expansion follows a serious government scandal uncovered earlier this year. The Department of Veterans Affairs (VA) was caught hiding lengthy delays in health care access for veterans, including months-long waits for appointments. Eric Shinseki resigned as head of VA as a result. Last month, Obama signed a $16.3 billion bill to improve veterans’ access to medical care and other VA issues. “PTSD and suicide are monumental problems affecting the veteran population,” said Andrew […]


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White Plains, NY (Law Firm Newswire) October 10, 2014 – Sheryl Frishman, Esq., Of Counsel to Littman Krooks LLP, was named to the Board of Directors of The Arc of the U.S., the nation’s leading advocate for people with intellectual and developmental disabilities and their families. The Arc provides an array of services and support for families and individuals through 140,000 members and 700 state and local chapters nationwide. It is their belief that people with intellectual and developmental disabilities are entitled to the rights afforded every American. Frishman is an active member of numerous organizations in the disability and […]


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Moorestown, NJ (Law Firm Newswire) October 8, 2014 – On Tuesday, October 21 at 6:00 p.m., Begley Law Group is hosting a generational asset preservation seminar at their offices in Moorestown, New Jersey. Designed for those who wish to pass their financial legacy to future family generations, this free seminar will present key planning steps that enable them to preserve their assets. “We know that people work hard their entire lives and want to pass some of that financial legacy on to their children and grandchildren,” said Thomas Begley Jr., a partner at Begley Law Group and a leading elder […]


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Virginia Beach, VA (Law Firm Newswire) October 6, 2014 – Family-owned businesses face one of their most vulnerable periods when transitioning to the next generation after their founder’s retirement or death. More than 70 percent of family businesses do not survive this transition. But a transition plan can help preserve the business for generations to come. Planning for the transition should encompass both the legal aspects of the process, such as tax and estate planning, and practical discussions with the family members who will take over the business. “Neglecting to set up a transition plan is one of the biggest […]


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Virginia Beach, VA (Law Firm Newswire) September 29, 2014 – As the population ages and the cost of hiring in-home care booms, many Americans are stepping into roles as caregivers for loved ones who are aging or have chronic illnesses. However, caregivers should recognize that caring for an older loved one themselves also has costs. “Because the cost of providing care on your own does not appear on a single bill, it is easy to underestimate the real financial impact of caregiving,” said Andrew Hook, a Virginia attorney who specializes in the needs of seniors. A growing number of Americans […]


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Palo Alto, CA (Law Firm Newswire) September 26, 2014 – Prospective parents using Assisted Reproductive Technology (ART) should use estate planning as a tool to legally protect both the future of their unborn children and their own genetic material. “Although it may seem like an uncomfortable discussion, it can actually be a simple one,” remarked Michael Gilfix, an estate planning attorney. “A good estate planning attorney can lay out the legal questions surrounding ART, and he or she can help draft solid legal protections for all involved.” The use and disposition of stored genetic material will need to be considered […]


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Moorestown, NJ (Law Firm Newswire) September 25, 2014 – On September 23, Begley Law Group attorney Ethan Ordog received this year’s Robert W. Criscuolo Award at the Burlington County Bar Association’s annual State Bar Night at Indian Spring Country Club. The Honorable Ronald E. Bookbinder, Assignment Judge of Burlington County, presented the award. Ordog clerked for Bookbinder in 2007 and 2008. The Robert W. Criscuolo Award is presented annually to an attorney who demonstrates significant involvement and contributions to the Bar Association, to community service and to other civic activities. He or she must be in good standing in the […]


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Virginia Beach, VA (Law Firm Newswire) September 25, 2014 – On Saturday, September 27, 2014, the Hook Law Center will hold a free “Shred Day” event that will also be used to raise awareness and funds for the fight against Alzheimer’s disease. Members of the public can bring old documents and records to the Hook Law Center in Virginia Beach, where they will be securely shredded on-site. During the event, the Hook Law Center will accept donations to the Alzheimer’s Association, and its legal team will invite anyone who is interested to join the Hook Law Center Walk Team for […]


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Moorestown, NJ (Law Firm Newswire) September 18, 2014 – On Tuesday, September 23, Begley Law Group will host a social security and retirement income seminar at their offices in Moorestown, NJ. Designed for those nearing and entering retirement, this free seminar will present critical steps to maximizing social security benefits and retirement income. The event will begin at 7:00 p.m. EST. “People entering retirement often feel both anxious and excited about the future,” noted Thomas Begley, Jr., partner at Begley Law Group and leading elder law attorney. “We want to help them build a bigger retirement income, which is why […]


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Palo Alto, CA (Law Firm Newswire) September 15, 2014 – Mark Gilfix will be a featured speaker at the Morgan Center 13th Annual Autism Conference in Campbell, California on September 20, 2014. Gilfix, a special needs planning attorney, will present a session entitled “Creating a Life Estate in Your Home for Your Grown Disabled Child, and Other Estate Planning Techniques to Consider.” He is also a featured speaker on a panel addressing housing issues faced by people with autism and their families. The Morgan Center 13th Annual Autism Conference is a day-long event for families and caregivers of people on […]


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Palo Alto, CA (Law Firm Newswire) September 9, 2014 – Estate planning attorney Michael Gilfix addressed growing concerns about Medi-Cal asset recovery in a recent article in the San Jose Mercury News. Last week, a bill designed to scale down Medi-Cal’s asset recovery programs was passed unanimously by the California State Assembly. Nonetheless, many in the state — including Sacramento insiders — fear that Governor Jerry Brown may veto the bill, according to the Mercury News. But Gilfix pointed out that there are still practical solutions for those who wish to access Medi-Cal benefits while preserving their estates, even if […]


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Virginia Beach, VA (Law Firm Newswire) September 2, 2014 – A report from the Nursing Home Report Card, a Families for Better Care project, ranked Virginia poorly on nursing home quality measures. The state received a grade of “D,” with an overall ranking of 33rd out of 50 states. “The fact that there are many nursing homes in Virginia that have problems means that it is that much more important for seniors and their families to engage in proper planning and research before choosing a nursing facility,” said Andrew Hook, a Virginia elder law attorney with the Hook Law Center. […]


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Palo Alto, CA (Law Firm Newswire) September 2, 2014 – Michael Gilfix was quoted in the San Francisco Chronicle regarding unexpected estate claims by Medi-Cal and the ways families can protect themselves. On August 24, 2014, the Chronicle published an exposé on the recent expansion of Medi-Cal’s little-known estate recovery program. According to reporter Kathleen Pender, the new Affordable Care Act (ACA) has expanded the number of Medi-Cal recipients subject to estate recovery. Medi-Cal has long conducted a limited program that allows it to claim and recover assets from the estates of some deceased Medi-Cal recipients. However, as Pender pointed […]


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Palo Alto, CA (Law Firm Newswire) August 29, 2014 – A major report from the American Association of Retired People (AARP) has named California a strong performer in long-term care systems for older adults and the disabled. The report, called a “scorecard,” evaluated states on 26 different criteria and then aggregates the findings into an overall ranking. California finished ninth overall and drew top scores in several areas. The state earned a first-place rating on the availability of Medicaid benefits (Medi-Cal) to cover the costs of long-term care. The report also gave California a second-place rating for the diversity of […]


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Virginia Beach, VA (Law Firm Newswire) August 26, 2014 – Sometimes, one of the partners constructing a prenuptial agreement is a business owner. Typically, the document will then be designed to ensure that preexisting assets are completely protected in case of divorce. This often leads to restrictive prenuptial agreements that keep all preexisting assets separate. Unfortunately, that safe, restrictive prenup can prevent the surviving spouse from receiving assets upon the other spouse’s death. “A prenup is essential for protecting your assets in case of divorce, but it doesn’t always account for problems that may occur if you were to die,” […]


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Palo Alto, CA (Law Firm Newswire) August 22, 2014 – The federal government has introduced a major new initiative to combat rising abuse and exploitation of the elderly — the “Elder Justice Roadmap,” a comprehensive framework for neutralizing financial, psychological and physical risks to older Americans. The Roadmap outlines newly launched educational programs and policy steps designed to increase reporting and prosecution, but it mainly focuses on encouraging individuals, families and institutions to identify risks and take steps toward prevention. Elder law attorney Michael Gilfix recently authored an article entitled “Addressing Financial Elder Abuse: Should the Bar be Lower?” that […]


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White Plains, NY (Law Firm Newswire) August 18, 2014 – Best Lawyers in America has once again selected Bernard A. Krooks, JD, CPA, LLM, CELA, AEP to be included in its definitive guide to legal excellence in the United States in the field of Elder Law and Trusts and Estates. This marks the eighth consecutive year that Krooks has been recognized for this honor. Best Lawyers is the oldest and most respected peer-review publication in the legal profession. A listing in Best Lawyers is widely regarded by both clients and legal professionals as a significant honor conferred on a lawyer […]


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Virginia Beach, VA (Law Firm Newswire) August 5, 2014 – With careful financial planning, many people are able to enjoy a comfortable retirement and leave a substantial estate to their heirs. But one often-unconsidered factor has the potential to add a large additional expense to the balance sheet: the possibility that one will require long-term care in a skilled nursing facility. According to the Centers for Medicare and Medicaid Services, most people over age 65 will require long-term care services of some type in their lifetime, and 40 percent will require nursing home care for some period of time. Many […]


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