Probate | Law Firm Newswire - Part 8

White Plains, NY (Law Firm Newswire) November 14, 2013 – New York State has more than 4 million people who are providing unpaid care for a loved one who is elderly, frail or ill. If those individuals were being paid for their time, elder care advocates say, their combined salaries would amount to more than $32 billion. Most of those caregivers do not have their own support system, leaving countless people exhausted and stressed, while struggling to maintain a level of care for someone who depends on them. When it comes to supporting caregivers, according to a recent report by […]


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Bloomfield Hills, MI (Law Firm Newswire) November 13, 2013 – California recently passed a new bill intended to protect financially abused seniors. The bill, AB 381, was drafted to protect elders who had their finances manipulated by someone who had power of attorney over their estate. The bill allows the elders some financial recovery in the form of reimbursement of attorney’s fees and costs. The bill was signed into law earlier this year. “Michigan elders sometimes need protection from the people they most trusted, people who had access to their estate and general assets,” says Michigan elder law attorney Christopher […]


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Waxahachie, TX (Law Firm Newswire) November 8, 2013 – The Texas attorney general has moved to close several alleged unlicensed assisted living facilities, including one in Tarrant County. The state filed a lawsuit in Tarrant County civil court against a man and the nonprofit organization he founded after the man refused to allow state investigators with the Department of Aging and Disability Services into a Richland Hills home. The state won a temporary restraining order against the facility. “Our seniors deserve top-notch care at Texas assisted living facilities, and that is only possible when the facilities are properly licensed,” said […]


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White Plains, NY (Law Firm Newswire) White Plains, NY (Law Firm Newswire) November 4, 2013 – Littman Krooks LLP has been selected among the 2014 U.S.News – Best Lawyers® “Best Law Firms” in the New York metropolitan area. The firm, with offices in New York, White Plains and Fishkill, received Tier 1 ranking in the area of Elder Law and Trusts & Estates Law. This prestigious ranking results from the firm’s combination of legal excellence and breadth of expertise. To be eligible for this distinction, a law firm must also have at least one lawyer included among the annual peer […]


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White Plains, NY (Law Firm Newswire) November 1, 2013 – Living in two different states can present certain complications in elder law and estate planning. Living wills, trusts and health care power of attorneys must be valid in both states along with other documents that may be needed to transfer property. Littman Krooks LLP and Solkoff Legal are addressing this subject in a free, online webinar on Tuesday, November 12, 2013 beginning at 12:00 PM EST. By attending this webinar, participants join two nationally recognized elder law attorneys – Bernard A. Krooks, Esq., Littman Krooks LLP and Scott Solkoff, Esq., […]


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Waxahachie, TX (Law Firm Newswire) October 31, 2013 – It is important to recognize warning signs of Alzheimer’s disease. According to elder law attorney John Hale of The Hale Law Firm, learning about the early warning signs of Alzheimer’s may help a loved one receive a proper diagnosis that can assist in planning for their care. “If you observe signs of Alzheimer’s in an older loved one, it is important to reach out to your doctor so that the proper care can be administered,” said Hale. Alzheimer’s disease is one of the most common types of dementia, or cognitive deficits. […]


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Waxahachie, TX (Law Firm Newswire) October 25, 2013 – Quality of care is important in a skilled nursing facility. When evaluating the care your loved one receives in a nursing home, it is important to focus on the most significant issues rather than the little things, said a prominent elder law attorney. “When an elderly parent or other family member is a resident at a skilled nursing facility, of course you want to make sure that they are receiving top quality care,” said John Hale, of The Hale Law Firm. “The issues that matter in that regard are clinical care, […]


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Fairfax, VA (Law Firm Newswire) October 16, 2013 – Debt can affect retirement plans, says a prominent Virginia estate planning attorney. Americans entering their golden years should be looking forward to enjoying their retirement and perhaps planning to leave an inheritance to their children. However, many of the baby-boomer generation are finding that things like credit card debt, mortgages, the cost of caring for elderly parents, and providing support for college-aged children, are significant obstacles in retirement and estate planning. “Debt is a growing problem for older Americans, and it definitely affects estate planning,” said Lisa McDevitt, an estate planning […]


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Palo Alto, CA (Law Firm Newswire) October 15, 2013 – Attorney Michael Gilfix, of the estate planning firm Gilfix & La Poll Associates, is presenting estate planning options to the public on October 21, 2013 in Palo Alto, California, at the Crowne Plaza Cabana. Due to overwhelming demand, two seminar sessions are available, from 2 p.m. – 4 p.m. and 4 p.m. to 6 p.m. Members of the public are invited to this very special Gilfix Seminar on long-term care planning, asset protection planning and special needs planning. The discussion is to include asset protection and Medi-Cal issues when facing […]


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Virginia Beach, VA (Law Firm Newswire) October 14, 2013 – Two recent announcements show U.S. government agencies will differ in how they implement a U.S. Supreme Court ruling. In June, 2013, the Court struck down the portion of the Defense of Marriage Act (DOMA) that denied federal benefits to legally-married same-sex couples. As Virginia estate planning attorney Andrew Hook explained, that left those couples in a limbo between state and federal law. “In the eyes of the states in which they married, and other states recognizing same-sex marriages, those couples were legally wed,” Hook said. “But according to the federal […]


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White Plains, NY (Law Firm Newswire) October 9, 2013 – Co-housing is a growing trend among Baby Boomers, as the aging demographic works to delay the need to move into a nursing home. There are as many as 78 million people between the ages of 49 and 67 in the U.S., and few of them report that they plan to end up in a nursing home unless it becomes unavoidable. While some of the Boomers are planning to move in with their adult children, many more are not choosing that option. And, with one out of every four Boomers childless, […]


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Virginia Beach, VA (Law Firm Newswire) October 7, 2013 – Stiff penalties for careless Medicaid planning make it necessary for families to form a proper strategy many years ahead of time. Medicaid provides health care for those with little assets or income and is the most popular way to pay for long-term nursing home care. Long-term care is very expensive, making Medicaid the only option for many families who need it, but qualifying for Medicaid usually requires very low asset levels. As Virginia elder law attorney Andrew Hook explains, this can lead families to make missteps with severe consequences. “A […]


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Waxahachie, TX (Law Firm Newswire) October 4, 2013 – It is important to take stock of the cost of caring for an aging loved one. Caring for an elderly parent sometimes becomes a necessity, but to be able to provide the best care and balance competing responsibilities, one should assess the cost of care. This includes economic cost and potential impact on the caregiver’s own health, according to a prominent elder law attorney. “People are aware of the high cost of care from a home health aide or at a nursing facility, so they often decide to provide care to […]


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White Plains, NY (Law Firm Newswire) October 2, 2013 – Financial advisors and estate planning experts are seeing an increase in the number of grandparents helping to raise their grandchildren. For many, the added financial responsibility means plans for retirement must be put on hold. More than 2.6 million grandparents were raising grandchildren below the age of 18 as of 2011, according to the U.S. Census. Many households are disrupted due to underemployment, divorce, mental health or substance abuse issues or chronic illness. When adult children are not able to fully parent their own children, other family members often step […]


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Virginia Beach, VA (Law Firm Newswire) September 24, 2013 – Estates that do not use their entire estate tax exclusion allowance may pass on the remainder to a surviving spouse, but the process is not automatic. Called “portability,” the rule was made permanent as part of the American Taxpayer Relief Act of 2012 (ATRA). But Virginia estate planning attorney, Andrew Hook, cautions that an estate tax return must be filed in order for the surviving spouse to claim portability. “Not every estate is required by law to file an estate tax return,” Hook said. “But the IRS has made it […]


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Waxahachie, TX (Law Firm Newswire) September 23, 2013 – There are many elder care options available for an older parent in declining health. When an elder begins to need additional care, the question of how to provide it can seem overwhelming for the adult children who often take on the responsibility. While there are several options for elder care, there is no one simple answer, according to Waxahachie elder law attorney John Hale. “The choice you make for elder care depends on individual circumstances,” said Hale. “Some factors you will need to consider are whether the home is still safe […]


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White Plains, NY (Law Firm Newswire) September 19, 2013 – According to a survey by Findlaw.com, approximately 60 percent of parents have yet to formalize a simple will to protect their children. Having an estate plan in place, including a will and possibly trusts as well, should be a major concern for every parent. The future may hold decision-making issues regarding disability or incapacity, or the untimely death of one or more parents. As hard as it is to contemplate, one of the choices a responsible parent must make is how to ensure their child or children are safe if […]


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Bloomfield Hills, MI (Law Firm Newswire) September 19, 2013 – As part of estate planning, two of the most important documents an individual can have are a healthy care proxy and a durable power of attorney. Both documents allow others to make important decisions should one become incapacitated. But an issue may arise when the two people who are overseeing the estate, the health care proxy and the durable power of attorney, do not work well together, or do not see eye-to-eye. It is imperative, then, that the people chosen for these important roles are individuals who can get past […]


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White Plains, NY (Law Firm Newswire) September 19, 2013 – Sudden wealth may be a six-figure sum for some estates, or may be a five-figure amount. What every amount of sudden wealth has in common is that it is a windfall of sorts, separate from the expected financial shifts and therefore outside the recipient’s financial comfort zone. It is one of those scenarios that so many people play around with: what they would do if an unexpected windfall appeared in their life, a large sum of money came their way due to an inheritance, contract, business sale, lawsuit, lottery win, […]


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Virginia Beach, VA (Law Firm Newswire) September 17, 2013 – A recent study shows baby boomers may not adequately understand their retirement health care needs. The Center for Secure Retirement surveyed 1,300 middle-income people aged 49 to 67. Those surveyed tended to underestimate the cost of long-term care and the likelihood they will need it. Most lacked a plan to pay for health care and a proper understanding of what Medicare provides. “Health care in retirement represents a great financial challenge for many Americans,” said Virginia elder law attorney Andrew Hook. “Knowledge and planning are immensely important no matter your […]


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