Incapacity planning is one of the most important parts of estate plans. At the Law Offices of Barton P. Levine, we have helped many clients successfully plan for their future needs. Many Americans will end up needing long-term care. According to the U.S. Department of Health and Human Services, a 65-year-old today has a nearly […]
Shutdowns related to the coronavirus have caused significant financial hardship for many Americans. Many Americans have added to their credit card debt to pay their bills after being laid off or having their work hours reduced. The federal government and state governments have provided some protection for consumers, placing moratoriums on landlords’ ability to evict […]
If you are considering moving into a nursing home or placing a loved one in a nursing home, you may have some concerns. Nursing homes have become expensive, especially in New York City. In Manhattan, a nursing home costs an average of $500 per day, or $15,000 per month. Even if you move out outside […]
In New York, the average cost of a semi-private nursing home is $11,756 a month. Those in a private nursing home room pay an average of $12,189 per month. In fact, New York state has the fifth most expensive average nursing home cost in the entire country. Many New York residents are unable to afford […]
The bond between special needs children and their parents can be incredibly strong. One of the parents’ biggest fears is that their children will not be taken care of after they pass away. This fear is amplified for parents whose child or children have special needs. Parents want to make sure that their children will […]
The probate administration process in New York allows an executor to resolve a deceased person’s estate. If you are in the process of creating an estate plan, you will need to select an executor to administer your estate. Or, you may recently discover that a friend or loved one has appointed you as the executor […]
Facing consumer bankruptcy in New York can be overwhelming. Many New Yorkers consider bankruptcy to be a last resort. Nonetheless, bankruptcy can be the best option for many New Yorkers who are struggling with debt. Consumer bankruptcy is a legal process that helps a person who cannot pay his or her debts get a fresh […]
Planning for long-term care is an essential part of New York estate planning. Nursing home care costs continue to increase. The average private room in a New York nursing home cost nearly $12,349 per month in 2019. New York families can never be too careful when it comes to planning for nursing home care or […]
Special needs estate planning offers parents an opportunity to prepare for their children’s future. Families that include children with special needs must exercise extra care when creating their estate plans. Whether their special needs child is an adult or a minor, taking the time to prepare for the future will benefit all involved. The goal […]
The twilight years should be a time for people to enjoy life, yet as baby boomers are aging in record numbers,the medical community warns that the healthcare industry isn’t prepared to handle the large number of people turning 65 at record breaking rates. This “Silver Tsunami” has impacted elder law and elder care in the […]
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