Common Misconceptions About Trusts

Whether meeting groups during estate planning seminars or clients individually, I’ve found there is a general misunderstanding of trusts and their function.  Far too many people think trusts are for “others” when they may be ideal candidates for a trust to protect their assets and avoid probate when they pass away.  The following are the …

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Medicaid and The Nursing Home

How will we pay the nursing home?  This is one of the most common questions family members of a loved one in the nursing home asks. The options are to private pay, use long-term care insurance or apply for Medicaid, if you are eligible. The current private pay cost in Upstate New York averages $10,000 …

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