If you’re a client of the Ward Arcuri Law Firm who owns a local business, we have put together a helpful packet just for you. We have developed a comprehensive set of plans, guidelines and best practices that can help your business reopen safely. These guidelines can help keep your employees and customers safe while avoiding any legal ramifications from violating New York State mandates, as well as practices set by the Centers for Disease Control and Prevention.(more…)
The COVID-19 pandemic has proven that this is the time to take an overview of our affairs and also to strategize putting them in order. Estate Planning should be a part of this strategy. While in quarantine especially, this can be done calmly and safely. The pandemic doesn’t stop our time planning together from moving forward.(more…)
Anyone who has had the unfortunate circumstance of dealing with nursing homes in recent years knows that the cost of care has continued to rise faster than most any other expense. Currently, many of our local nursing home facilities cost close to or in excess of $10,000 per month. Most families look for Medicaid for assistance but have trouble accurately filling out their Medicaid application.
One of the most difficult, and yet rewarding things in my business is dealing with the emotions of families during the stressful time of placing a loved one in a nursing facility. The myriad of feelings they go through swing from guilt to relief as they go through the process. What nursing home facility is the best? How do we pay for it? Is it too late for Medicaid planning?
As the summer heats up, it’s a good time to check up on our parents and other senior loved-ones. Making sure they are safe in the hot humid weather is a must. Another good thing to check on is their estate plan. Do they have their estate planning documents updated? Is there a Power of Attorney in place? A Health Care Proxy & Living Will?
A client called me recently, having been told by an estate planning attorney that his trust had to be changed as he was living in Florida, and his trust has been drafted in New York State. It seems that his friends had met an attorney who informed them that there was a “major change in the law.” The attorney had convinced his entire group of friends that they needed to re-state their New York Trusts to “Florida Trusts”.
Recently, there have been several stories of local financial and legal professionals accused of impropriety in the handling of clients’ assets. As a member of the legal community, and as an asset protection professional who works almost exclusively with clients’ estates and trusts, these stories provoke a special disappointment for me.