When most people think about estate planning, they focus on their Will - but there’s…
It is estimated that “someone turning age 65 today has almost a 70 percent chance of needing some type of long-term care services and supports in their remaining years,” according to the Department of Health and Human Services. Yonkers, NY long-term care can be extremely expensive, often thousands of dollars per month. Without assistance, such as Medicaid benefits, these costs would be financially devastating to most people.
The dedicated Elder Law attorneys at Lamson & Cutner can help you to plan for long-term care and protect your assets and income in the process. With proper planning, most people can qualify for Medicaid assistance. Even if you have significant savings, you can protect them with a variety of entirely proper and reliable legal strategies.
Lamson & Cutner has knowledgeable attorneys and paralegals with experience preparing and executing asset protection trusts, pooled income trusts, private annuities, promissory notes, caregiver agreements, spousal transfers and many other legal strategies to help you qualify to receive Medicaid benefits to pay for your Yonkers, NY long-term care.
If you or someone you care about lives in Yonkers, NY and would like to see what a Lamson & Cutner Elder Law attorney can do to help with long-term care, please go to Find Your Situationand look for a discussion of the strategies that may be employed in your specific circumstances. Learn more about Our Team and Our Services.
Then, if you would like to schedule an Initial Consultation or if you would like further information, please contact our New York City office at (212) 447-8690 or our Westchester County, NY office at (914) 732-3636. Our compassionate staff can help you or your loved one navigate the process of paying for long-term care in New York, while protecting your money and property at the same time.