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Currently Browsing:Elder Law

Basic Estate Planning Documents

By Nancy J. Brady, RN, Esq., and Linda Faith Marshak, Esq. The approaching holiday season brings the opportunity to spend time with elderly relatives who we may not have seen for a while. Sometimes our elderly loved ones show changes that give us cause for concern.  While some changes are obviously concerning, there are many

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The Importance of Proper Estate Administration

by Alexander Bader, Esq. There is no event more difficult in life than the loss of a loved one. Beyond the most important issues resulting from such a loss: the grieving, healing and honoring of the deceased, there are most often many practical steps to be completed to properly deal with all of the assets

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SPOTLIGHT ON ELDERLAW: COLLEGE BOUND and YOUNG ADULTS NEED ESTATE PLANNING TOO!

By Nancy J. Brady, Esq., Partner, Brady & Marshak, LLP Attorneys at Law With the end of summer, many of your children and grandchildren are heading off to college, and away from home. The fact that he/she will be away from you geographically, coupled with the fact that once your child has reached the age

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Spotlight on Elderlaw: Rising Home Values Make Use of Trusts A Critical Planning Tool

by Nancy J. Brady, RN, Esq. Medicaid regulations and New York law provide for means to protect the value of our savings and real property from the costs of long term care- by transferring title of the assets and property to an Irrevocable Trust with specific language and requirements as delineated under the Medicaid regulations.

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SPOTLIGHT ON ELDERLAW: Top Ten Reasons to do a Last Will and Testament

By Nancy J. Brady, RN, Esq., Partner, Brady & Marshak, LLP, Attorneys at Law   As most people know, a Last Will and Testament is a document, prepared by an attorney to serve as evidence of one’s last wishes regarding how assets and belongings should be distributed after the individual passes away. A Will can

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Spotlight on Elderlaw: Legal Planning for Women

By Nancy J. Brady, RN, Esq.- Partner, Brady & Marshak, LLP Attorneys at Law Despite the fact that we are well into the 21st Century, and women have made significant advances socially and economically, women’s planning for major life events and retirement has not generally kept up with those advances. Well established statistics show that

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SPOTLIGHT ON ELDERLAW: Debunking Estate Planning Myths

By Alexander Bader, Esq. As practicing attorneys at Brady & Marshak, LLP, we commonly assist clients in meeting their estate planning goals. We also have educational seminars for local communities regarding estate planning.  In engaging with clients, prospective clients and seminar attendees in such a manner, we consistently hear: “My neighbor told me…”; “My cousin

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Spotlight on Elderlaw: Long Term Care Benefits in New York

By Nancy J. Brady, Esq., Partner, Brady & Marshak, LLP Attorneys at Law If you are 65 or older, or have been receiving social security disability for at least two years, you are by now aware of what Medicare is- the red, white and blue card that provides insurance for doctor’s visits, some costs of

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Proper Planning with “Irrevocable” Trusts

by Alexander Bader, Esq.   When a client comes to our office for an initial consultation the attorney that the client is meeting with will obtain information about the client’s family structure, asset picture and the client’s particular goals. Most often, a primary goal of our prospective clients is to “protect” their assets so that

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Spotlight on Elderlaw: Advance Health Care Directives

by Nancy J. Brady, RN, Esq., Partner, Brady & Marshak, LLP Attorneys at Law One of the critical parts of estate planning is the completion of advance health care directives. Advance health care directives include completion of documents to ensure that your wishes regarding medical care and treatment are carried out should you become unable

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