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Currently Browsing:Elder Law

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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Spotlight on Elderlaw: Making “Cents” of the Tax Cuts and Jobs Act

by Nancy J. Brady, Esq., Partner, Brady & Marshak, LLP Attorneys at Law Last month, on Friday, December 22nd, President Trump signed H.R. 1, the “Tax Cuts and Jobs Act” into law.  The following is a brief summary of a few of the changes: Spouses (who are U.S. citizens) may leave any amount to surviving

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SPOTLIGHT ON ELDERLAW: Estate Planning Over the Holidays

By Alexander Bader, Esq., Senior Associate Attorney, Brady & Marshak, LLP For most of us there is no “convenient time” to discuss estate planning. Yet with the holiday season on the horizon there may be no better time to address the importance of having a proper estate plan in place.  We spend more time with

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Spotlight on Elderlaw; Basic Estate Planning: Avoiding “Intestacy” with a Last Will and Testament

by Nancy J. Brady, RN, Esq. A Last Will and Testament, commonly known as a “Will” is documentation of one’s wishes as to how his/her possessions and assets should be distributed after death. While almost everyone is familiar with the term “Last Will and Testament”, surprisingly enough, not everyone has a Will in place, or

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ADVANCE PLANNING IS THE KEY TO PROTECTING THE VALUE OF HOME AND SAVINGS FROM MEDICAL COSTS

By Nancy J. Brady, RN, Esq., Partner Brady & Marshak, LLP, Attorneys at Law At Brady & Marshak, LLP, our practice if focused on the legal issues of “middle class” New York residents. Many of our clients are homeowners and have reasons to protect the value of their home, which is often their most valuable

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SPOTLIGHT ON ELDERLAW: INTERGENERATIONAL PLANNING

by Nancy J. Brady, RN, Esq., Partner, Brady & Marshak, LLP Estate planning is a general term which most often refers to planning for how one’s property and assets will pass to one’s survivors. Lawyers who practice in the area of estate planning also have an eye towards planning for clients’ incapacity during life, as

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Spotlight on Elderlaw: Top Ten Reasons to do Estate Planning at Every Age

By Nancy J. Brady, RN, Esq. 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. Most people think Wills are only for the elderly.  Nothing could be

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