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Estate Planning and Your Home: Gifting, Rentals, and Family Property Disputes
Here is Frank
Bruno’s daily dose of elder law.
Elder
Law attorneys help their clients facing incapacity, paying for long-term care,
or settling an estate.
Find us on the
web!
For more
information visits my website at https://www.frankbrunolaw.com
Schedule a free
telephone consultation on our Website at https://frankbrunolaw.apptoto.com//
Say Hi on Social:
Visit my Instagram
page at https://www.instagram.com/frankbrunoesq/?hl=en
Visit my Facebook
page at https://www.facebook.com/LawOfficeofFrankBrunoJr/
Visit my Linkedin
page at https://www.linkedin.com/in/frank-bruno-2aa14799/
Visit my Twitter
page at https://twitter.com/_frankbrunolaw
Website:
https://www.frankbrunolaw.com
What we do at our
offices: Wills, Trusts, Estates, Powers of Attorney, Nursing Home Medicaid,
Long Term Care Planning, Guardianship, Real Property transfers & Probate
Frank Bruno, Jr.
is an Elder Law and Special Needs lawyer with years of experience handling
these types of cases. He is extremely active in the Queens, New York Community,
the Queens County Bar Association, and New York State Bar Association and is
frequently invited to speak at events about Elder Law. If you’d like to learn
more about Elder Law, Medicaid planning, Guardianship, Special Needs Trusts, or
Probate law contact the Law Office of Frank Bruno, Jr. today at 718-418-5000.
Thank you for
listening!
Eldercare law is
really an umbrella term encompassing multiple areas of law. Some elder care
attorneys handle subjects that most people know something about, such as
probate, guardianship, estate planning. Other eldercare lawyers focus their
practice on other areas of law such as special needs planning, VA benefits
planning, and Medicaid planning. So, what is Medicaid planning? Medicaid
planning is a way to protect people’s assets from the threat of long-term care
expenses. Many clients are between 65 and 95, own their own homes, and have
between $25,000 and $750,000 worth of assets in addition to the house. What
many people don’t realize is exactly how expensive long term care expenses can
be – In 2020 the average costs of a skilled nursing facility, in New York is
$14,250.00 per month. Someone can be solidly middle class or upper-middle
class, have saved their whole life, and think that they’ll have plenty of money
for whatever happens only to suffer a stroke, major heart attack or get an
Alzheimer’s or Parkinson’s diagnosis and need help with their activities of
daily living. If they have this six-figure per year care expense, many people
spend everything. Medicare does not pay skilled nursing home expenses after 100
days. An elder care attorney, who handles Medicaid planning, is able to legally
and ethically protect people’s assets to get them qualified for Medicaid.
Medicaid, unlike Medicare, has excellent long-term care benefits. This helps
them supplement their lifestyle with their own assets (to improve the quality
of their life while alive) and make it more likely that they will have
something to pass onto their heirs after they pass away. There are many myths
and much misinformation surrounding long-term care Medicaid in New York. To
learn more please visit... https://www.frankbrunolaw.com
View all episodes
By Frank Bruno, Jr.Here is Frank
Bruno’s daily dose of elder law.
Elder
Law attorneys help their clients facing incapacity, paying for long-term care,
or settling an estate.
Find us on the
web!
For more
information visits my website at https://www.frankbrunolaw.com
Schedule a free
telephone consultation on our Website at https://frankbrunolaw.apptoto.com//
Say Hi on Social:
Visit my Instagram
page at https://www.instagram.com/frankbrunoesq/?hl=en
Visit my Facebook
page at https://www.facebook.com/LawOfficeofFrankBrunoJr/
Visit my Linkedin
page at https://www.linkedin.com/in/frank-bruno-2aa14799/
Visit my Twitter
page at https://twitter.com/_frankbrunolaw
Website:
https://www.frankbrunolaw.com
What we do at our
offices: Wills, Trusts, Estates, Powers of Attorney, Nursing Home Medicaid,
Long Term Care Planning, Guardianship, Real Property transfers & Probate
Frank Bruno, Jr.
is an Elder Law and Special Needs lawyer with years of experience handling
these types of cases. He is extremely active in the Queens, New York Community,
the Queens County Bar Association, and New York State Bar Association and is
frequently invited to speak at events about Elder Law. If you’d like to learn
more about Elder Law, Medicaid planning, Guardianship, Special Needs Trusts, or
Probate law contact the Law Office of Frank Bruno, Jr. today at 718-418-5000.
Thank you for
listening!
Eldercare law is
really an umbrella term encompassing multiple areas of law. Some elder care
attorneys handle subjects that most people know something about, such as
probate, guardianship, estate planning. Other eldercare lawyers focus their
practice on other areas of law such as special needs planning, VA benefits
planning, and Medicaid planning. So, what is Medicaid planning? Medicaid
planning is a way to protect people’s assets from the threat of long-term care
expenses. Many clients are between 65 and 95, own their own homes, and have
between $25,000 and $750,000 worth of assets in addition to the house. What
many people don’t realize is exactly how expensive long term care expenses can
be – In 2020 the average costs of a skilled nursing facility, in New York is
$14,250.00 per month. Someone can be solidly middle class or upper-middle
class, have saved their whole life, and think that they’ll have plenty of money
for whatever happens only to suffer a stroke, major heart attack or get an
Alzheimer’s or Parkinson’s diagnosis and need help with their activities of
daily living. If they have this six-figure per year care expense, many people
spend everything. Medicare does not pay skilled nursing home expenses after 100
days. An elder care attorney, who handles Medicaid planning, is able to legally
and ethically protect people’s assets to get them qualified for Medicaid.
Medicaid, unlike Medicare, has excellent long-term care benefits. This helps
them supplement their lifestyle with their own assets (to improve the quality
of their life while alive) and make it more likely that they will have
something to pass onto their heirs after they pass away. There are many myths
and much misinformation surrounding long-term care Medicaid in New York. To
learn more please visit... https://www.frankbrunolaw.com
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