Obtaining guardianship for a loved one is a dramatic and unpleasant occasion, but it is often an essential step towards protecting a person and ensuring they receive the assistance they need. Unfortunately, many people become guardians without understanding the responsibilities that entails. Here are five things you need to know about becoming a guardian:
For many people, a trust is an integral part of their estate plan. An essential part of creating a trust is appointing the right Trustee. The Trustee is responsible for ensuring that the purpose of the trust and its terms are carried out. The Trustee is also responsible for ensuring that the trust assets are managed appropriately. Here are five things you should know about appointing a Trustee:
According to a recent announcement from the New York State Department of Health, the implementation of a Medicaid homecare “lookback” rule has been delayed until at least March 31, 2024. This delay means that people who might have been ineligible for Medicaid homecare benefits due to the lookback rule may now be able to obtain those benefits. However, anyone intending to apply for Medicaid to cover their homecare costs should begin planning now, to avoid potential legal issues when the rule is finally implemented.
In a recent set of clinical trials announced by the Alzheimer’s Association, it was found that a new drug showed great promise in reducing the cognitive decline caused by Alzheimer’s disease. This drug, Lecanemab, has supposedly shown excellent results in treating the underlying causes of Alzheimer’s, and could potentially help people with the disease to live longer and healthier lives. However, more testing still needs to be performed to ensure the drug is safe and effective for public use.
A surprising number of people who are currently renting an apartment do not know that they have a legal right to safe and comfortable living conditions. When someone is forced out of their apartment due to poor conditions, it is known as a “constructive” eviction. But what does a constructive eviction look like in practical terms, and what should you do if it happens to you?
Anyone who has a loved one with special needs is necessarily concerned about what they can do to ensure their loved one will be cared for if no one is around to assist. Fortunately, there are certain steps you can take to provide for your loved ones through your estate planning, which can help to protect them legally and financially. Here are five things you can do to protect your loved one with special needs:
When people hear “Medicaid planning,” they assume that it is something for people with little or no assets. However, in reality the people who can potentially benefit the most from Medicaid planning are people who may not currently qualify for it due to having significant monthly income, money in the bank or ownership of property. So how do you know if Medicaid planning may be right for you, and what should you do if you want to incorporate it as part of your estate plan?
Rent stabilized apartments are among the most sought after apartments you can find in New York City, but the competition to get them is fierce. This is because they are often the most affordable living spaces in the entire city, with rents significantly lower than other, unregulated apartments. But what does it mean for an apartment to be rent stabilized, and what rights do you have if you are a tenant in a rent stabilized unit?
It is the legal responsibility of every landlord to ensure their rented properties are adequately maintained, so they are safe and habitable. However, not every landlord is diligent about ensuring apartments are well-maintained, leading to the state of their apartments slowly deteriorating. What should you do when your landlord refuses to maintain your apartment? Continue reading “What Should You Do When the Landlord Won’t Maintain Your Apartment?”
The Rent Guidelines Board, which regulates rent stabilized apartments across New York City, is set to increase rents for residents in regulated units by 3.25%, or in some cases, up to 5%. This increase is set to be the largest yearly increase in rents for regulated apartments in years. In total, around two million New Yorkers will be affected by this increase in rents, potentially straining their finances.