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San Francisco, CA (Law Firm Newswire) November 15, 2016 – Many Americans approaching old age are unsure of their ability to pay for long term care, according to an Associated Press-NORC Center for Public Affairs Research report. Misconceptions persist among the aging adult population about the ways in which long term care will be financed. Around one-third of individuals aged 40 and older have not planned for their future needs, whether it is saving for a nursing home or setting aside funds for in-home care. “Planning for long term care for yourself or a loved one is essential to ensuring […]


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Virginia Beach, VA (Law Firm Newswire) October 28, 2016 – Under Medicaid law, there are certain security measures for the spouses of those applying for Medicaid to make certain they possess the necessary minimum support to reside in the community at a time when their husband or wife is in receipt of long-term care benefits, generally in a nursing home. The spousal protections function in the following way: if the person applying for Medicaid is married, the countable assets of both spouses are combined as of the date on which the ill spouse was admitted to either a hospital or […]


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Fairfax, VA (Law Firm Newswire) October 26, 2016 – Couples approaching retirement age and contemplating divorce, may confront problems regarding ways in which to divide their retirement accounts. The divorce rate is skyrocketing for baby boomers. According to a report by the National Center for Family and Marriage Research, between 1990 and 1994, the divorce rate among adults over age 50 doubled. And the rate tripled for those over age 65 in the same time frame. Recently, a survey conducted by the American Academy of Matrimonial Lawyers found that retirement accounts and pensions were second only to alimony as the […]


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Virginia Beach, VA (Law Firm Newswire) September 19, 2016 – In families with adopted children or stepchildren who have not been formally adopted, there can be some estate planning challenges. More attention must be given to estate planning involving a family that consists of an unmarried couple in which one member has children, either biological or adopted, who are not also the children of the other member of the couple. In such a scenario, the couple should have a thorough understanding of their estate planning options. In most cases, adopted children are treated in the same manner as biological children […]


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Westchester, NY (Law Firm Newswire) June 2, 2016 – The Arc of Westchester’s 2016 Golfing for Kids tournament will be held on June 7th. The golfing outing aims to raise funds for the Arc of Westchester’s Children’s School for Early Development, which provides educational and social support services for children five years old or younger with autism and other special needs, and their families. This year, they are honoring Bernard A. Krooks of Littman Krooks LLP with the Advocate of the Year Award. Mr. Krooks is President of the Board of Directors of the Arc of Westchester, the largest agency […]


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San Francisco, CA (Law Firm Newswire) May 25, 2016 – A new estate planning law that went into effect on January 1 seeks to help California homeowners avoid the costly, time-consuming process of probate when leaving property to heirs. Bill AB139 was signed into law in September 2015 after previous efforts to pass the legislation failed for almost a decade. It introduces the Revocable Transfer on Death Deed (TOD) which allows individuals to transfer property to a beneficiary upon their passing without the need to set up a revocable living trust or sort out matters in probate court. Such deeds […]


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Virginia Beach, VA (Law Firm Newswire) May 16, 2016 – Estate planning clients often ask about the most effective methods of protecting assets from creditors. It is always best to transfer assets prior to the time at which any claims arise. It is too late to make any transfers after there is a creditor issue. If such a transfer is made, it will be considered a fraudulent transfer. Other factors to consider are the following. If the grantor makes a gift to keep an asset from current creditors, but the grantor maintains control over the gift, then the gift may […]


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San Francisco, CA (Law Firm Newswire) May 16, 2016 – A lawsuit filed in November 2015 alleged that the California Department of Health and Human Services has deliberately failed to prevent the illegal practice of nursing homes “dumping” Medi-Cal residents into the hospital system. Nonprofit organization California Advocates for Nursing Home Reform (CANHR) filed the lawsuit in San Francisco, California, on behalf of three nursing home residents covered by Medi-Cal. Medi-Cal is California’s Medicaid program. They alleged nursing homes refuse to readmit Medi-Cal patients after temporary hospitalization in order to make room for more private pay and Medicare patients. “Many individuals […]


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San Francisco, CA (Law Firm Newswire) May 10, 2016 – Michael Gilfix and Mark Gilfix of Gilfix & La Poll Associates, in partnership with Trusts and Estates Magazine, will present an informative seminar titled “The Benefits of Multigenerational Planning” on Wednesday, May 11, 2016, at 2 p.m. ET and 11 a.m. PT. The webinar is free and is available nationwide. The seminar will cover key issues for lawyers engaged in the practice of multigenerational planning. Michael Gilfix and Mark Gilfix will share their experience as a father-son team of estate planning attorneys. Multigenerational planning provides an innovative way for parents, […]


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Palo Alto, CA (Law Firm Newswire) April 18, 2016 – As part of an ongoing commitment to community education around topics related to aging and long-term care, Home Care Assistance is hosting a public webinar led by Mark Gilfix on Thursday, April 21st at 10 AM Pacific, 1 PM Eastern. Home Care Assistance, the premier provider of in-home care for seniors, is excited to announce the next webinar in its widely acclaimed Healthy Longevity Series, “A Will is Not Enough: Everything You Need to Know About Estate Planning”, led by Mark Gilfix, Attorney at Gilfix & La Poll Associates and […]


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Harrisburg, PA (Law Firm Newswire) December 7, 2015 – The Harrisburg Pennsylvania law firm, Hazen Elder Law is now Hazen Law Group; a law firm that focuses on long-term care planning, guardianships, estate planning, asset protection, special needs planning and public benefits. The firm was founded by Marielle F. Hazen, and is considered to be one of the best law firms in the nation by U.S. News and World Report. The new name represents the firm’s growing portfolio of services that fall outside of “elder law” such as special needs planning and trusts and veterans’ benefits. Among the services they […]


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Virginia Beach, VA (Law Firm Newswire) September 29, 2015 – A job change can be an opportunity to improve the state of one’s 401(k) plan, but it is important to avoid unnecessary fees and taxes during this process. With careful planning, many people are able to put their 401(k) into better mutual funds with lower costs after a job change. “A job change is a great time to research your investment options and decide which type of account is best for your particular situation,” said Andrew H. Hook, a Virginia financial planning attorney with Hook Law Center, with offices in […]


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Virginia Beach, VA (Law Firm Newswire) September 22, 2015 – Many people with Alzheimer’s disease and other forms of dementia eventually become unable to make informed decisions and to understand the consequences of their decisions, and a family member becomes responsible for making medical, financial and other decisions. This can often occur without court intervention, but legal guardianship may be necessary in cases where there is no power of attorney in place or when the elder refuses necessary care. Guardianship gives a person the legal right to make decisions on behalf of someone who is unable to make their own […]


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Virginia Beach, VA (Law Firm Newswire) September 16, 2015 – For people in the early stages of Alzheimer’s disease, creating a legal plan can help ensure that their wishes are met as the disease progresses. “Over time, Alzheimer’s slowly renders patients unable to make their own legal decisions,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center, with offices in Virginia Beach and northern Suffolk. “As soon as Alzheimer’s is diagnosed, individuals should take the time to initiate or update their legal planning.” For individuals with dementia, one of the most important aspects of legal planning […]


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Virginia Beach, VA (Law Firm Newswire) September 8, 2015 – Annuities are regular payments that insurance companies provide in return for contributions, typically to a life insurance policy. For some, annuities represent a valuable estate planning tool, providing a way for retired people to ensure a regular income even if they live a long life. “Annuities can be helpful in estate planning, but it is important to understand the differences between the types of annuities, as well as their limitations,” said Andrew H. Hook, a Virginia estate planning attorney with Hook Law Center, with offices in Virginia Beach and northern […]


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Virginia Beach, VA (Law Firm Newswire) September 1, 2015 – There are a number of different retirement planning milestones that determine which benefits retirees can receive. Anticipating these milestones can be important for executing a retirement plan, and making any necessary changes. “Retirees can expect to start receiving various private funds and government benefits at different ages, and understanding when these funds will become available is essential for avoiding unexpected penalties or gaps in retirement funding,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center, with offices in Virginia Beach and northern Suffolk. Age 59½ is […]


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San Francisco, CA (Law Firm Newswire) August 26, 2015 – With the Supreme Court’s landmark June 26 ruling legalizing gay marriage throughout the United States, same-sex couples should consider what the decision means for their financial and estate planning strategies for the future. Married same-sex couples will now be able to take advantage of all the financial benefits that have been available to other married couples for years, such as health insurance, Social Security and retirement. “The Supreme Court’s decision is life-changing for same-sex couples as it has leveled the playing field for all married couples when it comes to […]


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Virginia Beach, VA (Law Firm Newswire) August 25, 2015 – Filing for Medicaid can be complex, especially for people over the age of 65 and those who need long-term care. In such cases, hiring an attorney when applying for Medicaid can be important in securing coverage. “An attorney can help individuals identify which programs they may qualify for and take steps to become eligible if necessary, as well as provide assistance with the application process itself,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center, with offices in Virginia Beach and northern Suffolk. Medicaid is the […]


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Virginia Beach, VA (Law Firm Newswire) August 18, 2015 – IRA rollover rules changed recently, and it is important for people planning IRA rollovers to understand the updated rules. Under a recent United States Tax Court ruling, individuals are allowed only one tax-free IRA rollover every year, or 365 days, even if the individual owns several IRAs. The ruling represents a change from the previous policy, which allowed individuals to make one rollover per IRA each year. Under tax law, IRA distributions are subject to federal income tax, unless the distribution is placed into the same or another IRA within […]


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Virginia Beach, VA (Law Firm Newswire) August 11, 2015 – Advance medical directives are important documents that should be kept safe, but they also need to be accessible. While more people are recognizing the importance of documenting their wishes regarding health care, too often the documents are kept in a place that is not easily accessible in case of an emergency. “Advance medical directives often come into play in an emergency situation, so they need to be kept in an accessible location that loved ones are aware of,” said Andrew H. Hook, an estate planning attorney with Hook Law Center, […]


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