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As people grow older, they sometimes need care that's not possible at home. This can sometimes mean that they need to go into long-term care, which is a costly undertaking. In New York, Medicaid can cover the cost of nursing homes, assisted living programs and income...
Real estate development can be lucrative, but it also comes with significant legal challenges. Developers often face issues that can delay projects, increase costs or limit what can be built. Below are some of the most common legal hurdles for developers. Zoning and...
As people get older, many may need long-term care. Medicaid can become a key resource to help pay for it. However, understanding Medicaid rules can be difficult and overwhelming. People can make simple errors, which can cost them their savings and access to the care...
Parents and grandparents often choose children in their family as their main beneficiaries. They want to provide them with the support they need to make the most of their lives. When beneficiaries are adults, they can directly inherit resources with minimal...
A trust can be part of your estate plan, and you can set it up to hold assets. When you pass away, these assets are distributed to your chosen beneficiary. This is done by the trustee that you have selected, and you leave them instructions for how to do so. Not...
Many people think of midlife or later accomplishments as signs to begin estate planning. Getting married, having children, starting a business or acquiring a home could all motivate people to establish estate plans. People facing medical challenges or preparing for...
When signing a commercial lease agreement, people often rush through the paperwork, trusting that everything is fine. However, not all leases are the same, and such assumptions can be expensive. Once the ink dries, you’re bound by the terms, and the fine print you...
Individuals concerned about experiencing a personal emergency can plan for the unpredictable. Powers of attorney and other advance directives help ensure that people have appropriate support when they are vulnerable due to medical challenges. Powers of attorney...
People often don't think about Medicaid until they need long-term care benefits. At that point, they may not have any time to plan in advance. Qualifying for Medicaid is not easy. The state imposes very strict limitations on current income and countable assets. Those...
Wills are the most widely known estate planning tools for passing on assets. They’re what the majority of people would probably think of first if you asked them what you should include in your estate plan. Yet they are just one of a variety of estate planning tools...