Seniors have important legal needs that need attention as they age. Many older adults accrue considerable assets that they wish to go to loved ones after they die. They also need to plan for long-term care if their health deteriorates. It takes more than a last will and testament to accomplish those goals. Elder law and comprehensive estate planning provide solutions and peace of mind for seniors during their golden years.
Amoruso & Amoruso LLP is a respected elder law and estate planning law firm serving Greenburgh, NY. With nearly 60 years of combined experience, attorneys Michael Amoruso and Sreelekha Chakrabarty Amoruso understand the unique issues New York seniors face and how to leverage estate planning to meet their needs and goals effectively. If you need an elder law attorney in Greenburgh, NY, contact Amoruso & Amoruso LLP today to schedule a consultation.
Why You Need a Greenburgh Elder Law Attorney
Elder law attorneys address all legal matters that affect seniors. As people reach retirement age, they usually think about what will happen to their property when they die and any inheritance they wish to leave to their families. However, there is a wider range of concerns that need consideration.
Take nursing home expenses as an example. In New York, the average cost of nursing home care for a single year is $159,000. Medicaid offers public benefits to seniors seeking long-term care at home or in a nursing home, but you must meet certain thresholds to qualify. Estate planning tools like trusts can help you qualify for benefits without a penalty, but New York law sets specific criteria for eligibility. An elder law lawyer can help you navigate these and other complex estate, tax, and probate laws to avoid legal problems and potential disputes later.
Key Services Our Elder Law Attorneys Provide
At Amoruso & Amoruso LLP, we take a holistic view of each client’s circumstances and make customized recommendations based on their financial and personal situations. This proactive approach involves evaluating the legal strategies that best benefit the individual. Examples include:
- Estate planning, including drafting effective wills, trusts, and advance directives
- Asset protection and wealth preservation planning
- Retirement planning
- Long-term care and Medicaid planning, including considering long-term care insurance
- Special needs planning
By integrating these considerations into our elder law practice, our clients get an all-encompassing plan that meets their current situation and takes their future needs into account.
When Should I Hire an Elder Law Attorney?
You can consult an elder law lawyer at any time. However, it becomes essential to have an estate plan in place if:
- You’re near retirement age.
- You’re concerned about how to afford long-term care.
- A loved one may soon become incapacitated.
- You have complex financial circumstances or own a business.
Schedule a Consultation with a Greenburgh Elder Law Attorney Today
At Amoruso & Amoruso LLP, we have helped thousands of seniors develop comprehensive estate plans to protect their wealth, provide for a stable future, and ensure they are well cared for in their later years. Contact us today to arrange a consultation with our trusted legal team.
