Tag Archives: estate planning
Third-Party Special Needs Trusts: Peace of Mind for Caregivers
By Bernard A. Krooks, Esq., Certified Elder Law Attorney We are all aware of the importance of getting our family’s financial and legal affairs in order. For family members of individuals with Alzheimer’s disease, the importance of doing advance planning … Continue reading
You have the Power: Power of Attorney
By Bernard A. Krooks, Certified Elder Law Attorney A power of attorney (POA) is a legal document in which one person (in legal terms, “the principal”) appoints another person (“the agent”) to act on behalf of the principal. It allows … Continue reading
Common Estate Planning Errors
By Bernard A. Krooks, Esq., Certified Elder Law Attorney It is essential for individuals to address their estate planning sooner rather than later. However, it is equally important to make sure that the planning is done correctly. Too often, people … Continue reading
Elder Care Can Be Expensive— 5 Steps for Planning
By Bernard A. Krooks, Esq., Certified Elder Law Attorney Severe neurological conditions that affect memory leave a large burden for the caregiver. Planning ahead and taking some simple steps now can lessen that burden and improve the care you receive. … Continue reading
How to Find and Select an Elder Law Attorney
By Bernard A. Krooks, Esq., Certified Elder Law Attorney If you have a family member with Alzheimer’s disease, there are many issues that need to be addressed. Often, legal issues take a backseat to medical issues, quality of care, caregiver … Continue reading
Medicare, Medicaid and Alzheimer’s
What You Should Know About Medicaid Eligibility by NY Chapter of the National Academy of Elder Law Attorneys, Bernard A. Krooks Long-term care costs can devastate a family. The national average for nursing home costs is approximately $75,000 per year … Continue reading
Estate Planning
What is estate planning? Estate planning includes designing a plan that provides for your needs during your lifetime and for the disposition of assets upon your death. The lifetime planning issues to be addressed may include: (1) financial planning to … Continue reading
Guardianship
When is guardianship necessary? If an individual is incompetent and has not designated an agent to act on his or her behalf by executing a General Durable Power of Attorney and Health Care Proxy, it may become necessary to file … Continue reading
Power of Attorney
What is a General Durable Power of Attorney? A General Durable Power of Attorney is a written document in which you authorize someone to act on your behalf. A General Power of Attorney allows the individual to make financial decisions … Continue reading
Elder Law Attorneys
What is an Elder Law Attorney? Elder law attorneys focus on the special legal needs of older persons and persons with disability to protect their autonomy, quality of life and financial security as they age. Most elder law attorneys do … Continue reading
