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Tax Season Stirs Up Common Questions On Record Keeping

Ilion, NY (April 2, 2012)- When talking about estate and long-term care planning, a frequent question people ask is “how long should I keep financial records?” Jeff Rheinhardt, attorney with Rheinhardt & Bray, PC, an elder law and estate-planning firm with offices in Ilion and Rome, says it depends. “I hate to sound like a …

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Avoid Sibling Disputes Over Caregiving By Putting It In Writing

Caring for an elderly parent can be stressful for families. Siblings may disagree over how to provide care or where a parent will live, and if these squabbles escalate into a guardianship battle, it can cost the family thousands of dollars. To avoid this, lawyers have begun drafting sibling agreements (also called family care agreements). …

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Important Medicaid Numbers

IMPORTANT POINTS TO REMEMBER ABOUT MEDICAID NUMBERS :The Community Spouse (CS) Resource Allowance is calculated based on the value of the couple’s resources on the date Institutionalized Spouse (IS) becomes a permanent nursing home resident. (Example: Mr. Doe becomes a permanent nursing home resident (Example: Mr. Doe becomes a permanent nursing home resident on January 1, 2013. The …

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