SENIORS SLOW TO EMBRACE ONLINE ACCESS TO DOCTORS

DAVIDOWLAW Uncategorized

Many doctors have internet portals to help patients manage their care. But that doesn’t mean older folks will use them. A University of Michigan poll found only about half of patients 50 to 80 years old have set up an online account with their health care provider. “The health care …

VETERANS AID AND ATTENDANCE UPDATE

DAVIDOWLAW Uncategorized

A few years ago, the VA suggested changes to its requirements for qualification for the Aid & Attendance pension benefits.  As of September 18th, the new rules were decided on and will take effect on October 18th, 2018.  They are as follows: There will now be a Three-Year Look-Back For …

Seniors Slow to Embrace Online Access to Doctors

DAVIDOWLAW Uncategorized

Many doctors have internet portals to help patients manage their care. But that doesn’t mean older folks will use them. A University of Michigan poll found only about half of patients 50 to 80 years old have set up an online account with their health care provider. “The health care …

New Tax Law Doesn’t Change Need for Estate Review

DAVIDOWLAW Uncategorized

The new tax law roughly doubled the federal estate-tax exemption to about $11.2 million per person, meaning most people will not be subject to the tax. But that doesn’t eliminate the need for estate planning.   The sharp increase in the exemption amount, for example, means that old wills and …

Can a Senior Put Himself Up For Adoption?

DAVIDOWLAW Uncategorized

Hank is one of 11 million Americans who lives alone, without family or friends nearby. He lost his wife, is estranged from his daughter, and lives more than 1,000 miles away from his son. He is lonely and scared of dying alone, so he did the only logical thing he …

How to Identify Elder Abuse and How to Report It

DAVIDOWLAW Uncategorized

When an elderly person loses the ability to care for her or himself, there is often a network of people collaborating to provide the level of attention and care they need. For people who live in their own homes, this could include family members, nurses or professional at-home caregivers. Others …

21 BEST APPS FOR SENIORS

DAVIDOWLAW Uncategorized

Seniors are embracing technology in droves. According to the Pew Research Center, 67% of seniors age 65 and older use the Internet and 42% own smartphones today.   Apps for smartphones or iPads can make life easier and more interesting. But with tens of thousands of apps on the market and more coming out …

Can an SNT be the Beneficiary of my Retirement Account?

DAVIDOWLAW Uncategorized

When determining whether you can name a special needs trust (SNT) as the beneficiary of your retirement account and accomplish your intended result, you will quickly learn that the answer is “it depends.” It depends on the type of beneficiary designation and on tax laws regarding distribution of retirement account …

TWO DIFFERENT TYPES OF SPECIAL NEEDS TRUSTS

DAVIDOWLAW Uncategorized

There are two types of Special Needs Trusts (SNTs), commonly designated as first-party and third-party SNTs. It is important to determine which type of SNT you have or need. This depends upon whose property is funding the SNT. If the property funding the SNT originates with the SNT beneficiary, then …

How Medicaid Works and Who it Covers

DAVIDOWLAW Uncategorized

One of the biggest flash points in the debate over Republican legislation to repeal and replace the Affordable Care Act is the future of Medicaid.  Here are some basic facts about the 52-year-old program.   What is Medicaid? It’s a public health insurance program largely for low-income people, though some …

Retirement Funds and Special Needs Trusts

DAVIDOWLAW Uncategorized

Loud and Clear: A Special Needs Conversation   Retirement accounts are often among a family’s largest assets, so you may have thought about leaving a portion to your son or daughter with disabilities. But if they will ever need means-tested benefits, your good intentions could disqualify them for important programs …

Part 3 – Enhanced STAR

DAVIDOWLAW Uncategorized

Tax Benefit:   STAR – Enhanced   Tax Benefit Details: Reduces school tax liability by exempting a portion of the value of the home from school tax.   Based on the first $65,000 of full value of the home.   Special rules for NYC, Buffalo, Rochester, Yonkers and Syracuse.   …

2017 Real Property Tax Exemptions Update

DavidowLaw Uncategorized

For the next three weeks, in an effort to make sure you are properly updated, we will give you the specific details regarding this year’s Real Property Tax Exemptions.  The three we will outline are the Senior Citizen Homeowners’ Exemption (SCHE), Basic STAR and Enhanced STAR.   Tax Benefit:   …

Governor Cuomo Signs the Care Act into Law

DavidowLaw Uncategorized Leave a Comment

New York State legislature has passed the Caregiver Advice, Record and Enable (CARE) Act.  It was signed into law by Governor Andrew Cuomo on October 26, 2015 and will take effect in April, 2016.  The primary focus of this new law is to offer assistance to patients and their caregivers …