Category Archives: Rochester NY Elder and Estate Law

New Long Term Care Insurance Disclosure Law In NY

Many purchasers of long term care insurance are unaware of how the coverage compares to the actual cost of skilled nursing, rehabilitation, or custodial care. A new disclosure law goes into effect on January 1, 2009. Prior to or at the sale of New York long term care insurance, the insured must be informed of: […]

Promissory Notes For Emergency Medicaid Planning

It is not too late to preserve assets after a patient is admitted to a nursing home. Promissory notes can be used to protect the assets of patients who are currently in nursing homes. STEP ONE: Do not take any action without first consulting with an attorney. Medicaid laws are constantly changing and subject to […]

Protection From Elder Abuse

The typical elder abuse victim is a widow who is socially isolated, physically and/or cognitively impaired and denies or is reluctant to report abuse. The typical abuser is a family member caregiver with drug, alcohol or mental health problems, a controlling personality and/or ineffective coping skills who is under financial, emotional or marital stress. However, […]

Small New York Estates Are Larger

The definition of a New York “small estate” has been increased from $20,000 to $30,000 or less, effective January 1, and 2009. The settling of an estate is can be expensive and very difficult for the decedent’s family. The probate process can be very lengthy and emotionally draining. The simplified procedure for small estates provides […]

New York Burial Rights Law

New York State law allows you to control the disposition of your remains by designating a person to carry out your wishes. Although you can state your wishes in your Will, the Will might not even be read or opened until after the funeral services. The form for the appointment of an agent to make […]

New Reverse Mortgage Law

The Housing and Economic Recovery Act of 2008 made changes to reverse mortgages effective October 1, 2008, including higher borrowing limits and protections from aggressive marketing. A homeowner who is at least 62 years old can use a reverse mortgage hometo access home equity to obtain a loan that does not have to be repaid […]