Medicaid is a health care program that provides help to a wide range of people with low incomes and limited financial resources. Established in 1965, Medicaid is jointly run by state and federal governments and provides benefits for health care and long-term care needs. Eligibility is based on a person’s income, not age or disability as the Medicare program. In…
If your spouse needs nursing home care but you do not, you may have questions about how this will affect your finances. With nursing home care ranging from $5,000 to $8,000 a month, you may have concerns about how you will afford care for your spouse. In certain situations, your spouse can still qualify for Medicaid, even if you continue…
Many New York families have members who have suffered disabling injuries or illnesses. These family members and their disability can place an insuperable burden on their families when the parents are no longer able to provide for the child’s care. Many federal and state programs provide benefits for such families, but these programs often have financial limitations on eligibility for…
Many turn to estate planning to help build a more secure and vibrant future for their next of kin. In the spirit of generosity, many also wonder how their assets can go to benefit the charitable causes that invigorate them. One notable way is to simply bequeath whatever funds or assets you want to the charity, and while some may…
Carpal tunnel syndrome is an injury that many Staten Island area residents have heard about. It can be a debilitating injury that affects a person for many years. Many times, those who suffer from carpal tunnel acquired the injury while on the job. A worker who has carpal tunnel syndrome may qualify for workers’ compensation. Carpal tunnel syndrome is when…
We may not think about our rights under New York workers’ compensation law until the time comes where we are injured at work and need benefits. Almost every employer in the state must make workers’ compensation coverage available to eligible employees. The following employees are legally required to be covered by workers’ compensation insurance. Employees at for-profit workplaces First, any…
Whether you have few assets or a sizable estate, one step you could take that would benefit your loved ones in the long run is executing a comprehensive estate plan that will provide for their needs and make your wishes unequivocally clear. However, there are some pitfalls to avoid when estate planning. Pitfall 1: Failing to name the proper beneficiaries…
Physical labor, such as that carried out in a warehouse, can take a toll on your body. Making matters worse are tight deadlines, repetitive motions, and a lack of adequate safety procedures and equipment. As a result, many workers are injured on the job, leaving them in a difficult financial position as they try to find a way to obtain…
Many Staten Island residents have taken the time to create their estate plan. They understand that having this plan in place can help ensure a person’s assets are distributed as a person intends. But even those who have an estate plan in place may need to revisit it to make sure their digital assets are included. Estate planning is always…
You may have just celebrated a big birthday. Perhaps, you turned 70 and are planning a summer cruise to celebrate. You’re grateful for your good health. Yet, you know you aren’t getting any younger. And your spouse has diabetes and needed open-heart surgery last year. When should you start planning for when you’ll need long-term care? Planning ahead First, you…
Far too many people wait too long to create an estate plan. This is primarily on account of individuals struggling to come to terms with the reality that they will eventually pass away. It’s completely understandable. This is a difficult topic that isn’t easy to talk about. But in order to provide for your loved ones as best as possible…
Workers’ compensation can provide you with help if you suffer an on-the-job injury. It can be quite helpful when you cannot return to work due to your injury, and it will pay your medical expenses related to the incident. It is a no-fault system, which means that you do not have to prove your employer was at fault. However, this…
