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Health Care Proxy: A Must for College Aged Children
Imagine this scenario: You are the parent of a college student. Your telephone rings one evening and on the other end is your child’s roommate telling you that your child was just rushed to the emergency room. You call the hospital for information and identify yourself as the parent. The hospital advises you that because your […]
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Holiday Family Gatherings: A Time to Assess
Holiday family gatherings are not just good for catching-up; they are an opportunity to assess your aging loved one’s status and needs. Certain clues can reveal a decline in mental or physical abilities. Here are some things to look out for: Change in Personal Hygiene: Are there any changes in your loved one’s appearance? Perhaps they are not as “put […]
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Senior Scams Are on the Rise: Tips to Protect Yourself and Your Loved Ones
Have you ever received a suspicious phone call or email? Your parents or elderly relatives most likely have. Police and prosecutors say scams against seniors are on the rise nationwide. Here are some common scams targeted towards older adults:Lottery phone scams in which callers convince seniors that a large fee or taxes must be paid […]
Continue readingThe IRS Warns: Beware of Tax Scams
The IRS has warned taxpayers to be alert during tax season to phone and e-mail scams. Scammers are ever-more aggressive and creative in stealing your money and your personal information. Identity theft is on the rise and thousands of people have lost millions of dollars in recent years to these taxpayer scams. Phone calls from the […]
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Protecting Accounts For After Your Death
What happens to your digital assets when you die? That’s a question many people haven’t thought about.The ramifications can be huge. by Sheryl Nance-Nash “I had a client who regularly played an online lottery,” says Jennifer Cona, managing partner of Cona Elder Law in Melville. “He set it up to place bids months in advance. […]
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Experts: It’s Never Too Early or Too Late to Plan for Your Golden Years
Far too many people wait much too long to make plans for their retirements, as well as all aspects of old age for that matter, with some never making such plans at all. The consequences of not planning can be devastating for them and their families, according to a group of experts who discussed aging on […]
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Five Things That Will Impact Your Will
By: Marcus O’Toole-Gelo Having a Will is an essential part of an estate plan. A will directs how your probate assets will be distributed upon your passing, designates an executor to be in charge of your estate, and allows you to create trusts for minor grandchildren or disabled beneficiaries. However, having a will is just part […]
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Medicaid Home Care Update – Guildnet Closing in January
Guildnet MLTC, FIDA and Medicaid Advantage Plus plans are closing as of January 1, 2019. Official notices are being sent to all Guildnet members in mid-October 2018. What You Need to Know ♦ You will receive a notice from New York Medicaid Choice advising you to choose a new plan. ♦ You will have 60 days to select and […]
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Downloadable Estate Planning Documents – Let the Buyer Beware
Downloadable Estate Planning DocumentsCaveat EmptorLet the Buyer Beware For years, Elder Law and Estate Planning attorneys have stressed the importance of obtaining advance directives (Power of Attorney, Health Care Proxy and Living Will) for anyone age 18 or older, including kids heading off to college.Recently, there has been a trend in advertising “downloadable estate planning documents.” […]
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Top 10 Myths of Elder Law & Estate Planning
Misinformation abounds in Elder Law, confusing older adults, community members and professionals alike. Don’t fall victim to inaccurate information and make costly mistakes! Get legal advice from experienced Elder Law attorneys like the attorneys at Cona Elder Law. Here are some common mistakes:Top 10 Myths of Elder Law & Estate PlanningA revocable trust protects assets.A joint […]
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