Under New York State law, a spouse is considered a legally responsible relative which means that you are financially responsible for the support and care of your institutionalized spouse. Absent any planning, you will likely be required to privately pay for the cost of the nursing home which could exceed $15,000 per month. To minimize…
Are you a solo ager, or in some circles, an “elder orphan”? A solo ager is typically defined as a single, childless baby-boomer. Yet, a boomer may have children, but with whom there is no relationship, or in many cases, children who are simply pre-occupied with their own affairs. While it is likely that you…
Many of you who watch my bi-weekly Facebook Live videos (which can be found on my website @ www.plantodayfortomorrow.com or Facebook page @ www.facebook.com/plantodayfortomorrow) already know that Medicaid eligibility has recently become even more challenging. As if dealing with the Covid-19 pandemic wasn’t enough, on April 2, 2020, Governor Cuomo’s State Budget implemented a new 2.5-year…
