Seniors’ and Disabled Right to Part Ways With Their Landlord Update! The law was amended in June 2019 to include disabled persons. The New York State Legislature amended Real Property Law §227-a in 2019 to include “individuals with a disability” as additional covered persons under the statute. Under the amended statute, any individuals…
SURVEY SHOWS AMERICANS LACK ESTATE PLAN A recent survey[1] showed that the number of Americans who have some form of estate plan in place has fallen by over 25% in the past three years. 42% of those surveyed had a Will or Trust in place in 2017, which fell to only 31% this year. With…
Free Simple Will for Healthcare Workers Jacobowitz and Gubits, LLP, a full-service law firm, is extending a special offer for a free simple will to area healthcare workers during the month of May, 2020. In appreciation of all of the healthcare workers in hospitals and nursing homes who are risking their health during this COVID-19…
REMOTE EXECUTION OF WILLS IS NOW PERMITTED IN NEW YORK Remote execution of Wills is now permitted in New York State. Governor Cuomo’s Executive Order 202.14, issued on April 7, 2020, finally permits what many trusts and estates attorneys, and their clients, have been waiting for – permission to conduct will-signing ceremonies remotely. People…
ESTATE PLANNING AND COVID-19 Jacobowitz & Gubits wishes all of our clients well during these challenging times. Although we are working remotely, we are fully functional via telephone, email and video conference. One thing many people are thinking about these days is estate planning. Wills and trusts are something that people frequently put off, but…
Estate Planning and Asset Protection Free Seminar – Scheduled for March 24th has been postponed. We are currently making remote meetings. We are currently making remote meetings for those interested in a free consultation with an Estate Planning attorney. While this seminar is cancelled due to the guidelines set forth as a result of COVID-19. The…
Trusts Can Provide Creative Solutions for Young Children or Problem Beneficiaries When people explore estate planning, many discuss protecting assets from long-term care costs, creditors, lawsuits, and divorces. People understandably want to guard their nest egg for their beneficiaries. A less commonly discussed (but sometimes equally important) issue is protecting assets from the beneficiaries….
Seven Ways To Spend Down for Medicaid The Medicaid resource level for an individual senior trying to qualify for long-term care or nursing home services is $15,750.00 throughout New York State. This article will address seven ways to spend down for Medicaid. There are numerous legal strategies that can shield and protect assets, but one…
Including Your Pets in your Estate Plan All dogs may go to heaven, but what happens if you get there first? As an estate planning attorney, I frequently advise clients on how to protect assets from long-term care and nursing home costs, estate taxes, probate, and more. But for some people, there’s more to estate…
What to know about Medicaid’s 5-Year Look-Back Period Nursing homes in the Hudson Valley can cost upwards of $15,000.00 per month. Qualifying for Medicaid to get those costs covered is critical. You may have heard that there is a five-year look back period if you want to shield your assets from nursing homes. Here’s what…
