If you're a senior and you've asked "Do I need an elder law attorney?" — you are not alone. But are you too rich or too poor for elder law planning? If you have assets you’d like to protect for your future and to pass on to the next generation, you need an elder law attorney.
In fact, you cannot be too rich or too poor to protect assets and it’s never too early or too late to plan. The attorneys at Genser Cona Elder Law can provide you with the legal help you need.
For more than 20 years, we have helped our clients document their wishes for the future and create a plan outlining a clear path to this vision. By taking these steps today, you can rest easier knowing you have an advocate in your corner and your affairs are in order. Continue reading to learn answers to the common question: "Do I need an elder law attorney?"
At Genser Cona Elder Law, we're a team of experienced attorneys who are dedicated to advocating for the rights of older adults and their loved ones. We provide legal guidance and assistance with government benefits, including Medicaid, Medicare, and Veterans benefits, estate planning, including drafting Wills, Trusts and tax planning, probate of Wills and all aspects of estate administration upon the death of a loved one, and more.
Not only can we handle critical asset protection, estate planning and financial planning matters, we can also provide guidance on the day-to-day issues impacting the care of seniors.
Because there are hardly ever any one-size-fits-all solutions, our elder law attorneys will listen to you and create a comprehensive, personalized plan that outlines the steps you can take today to ensure you enjoy the tomorrow you've always envisioned.
Medicaid is a maze of complex federal and state laws and regulations, implemented at the county level, that is virtually impossible to navigate. To make matters worse, the rules are different for Medicaid home care eligibility versus nursing home eligibility and spouses have special rules as well. Some families attempt to save a few dollars by applying for Medicaid themselves, only to be denied. A Medicaid denial can cost a family tens of thousands of dollars by virtue of a delayed Medicaid pick-up date.
Other families attempt to save money by using a Medicaid agency instead of an attorney to file for Medicaid. This can also be costly when legal mistakes are made or not handled at all, such as real property deeds not being re-titled.
The attorneys at Genser Cona Elder Law offer decades of experience helping families and seniors navigate the complex Medicaid application process. We use tested, tried and proven strategies to help protect your property, assets and income.
Another sign that you need the professional assistance of an elder law attorney is when your life involves complex financial and family situations. If you answer yes to any of the following questions, you'll find ample benefits in working with the Genser Cona Elder Law attorneys:
Are you in a second, third, or subsequent marriage?
Do you currently have real estate outside of New York?
Are you a business owner?
Do you have a child or loved one with special needs?
Are you considering leaving some or all of your estate to a specific charity?
Do you have significant assets in your IRA or 401(k) retirement account?
Are you recently divorced?
Have you recently lost a spouse or other family member?
Is your spouse or partner incapacitated or in need of long-term care?
Do you have a taxable estate for federal and/or state estate tax purposes?
In the event any one of these scenarios applies to you, sit down with the knowledgeable attorneys at Genser Cona Elder Law. You will be able to take comfort and resolve in knowing you are taking charge of your affairs.
Even the most tight-knit families can become feuding enemies when money and assets come into play. Combine emotions with money and you have a recipe for disaster. At Genser Cona Elder Law, we're a team of experienced elder law mediators offering comprehensive solutions in elder law. We will use our experience to achieve creative solutions while keeping the family together.
A properly drafted will can avoid a family and legal battle. If you expect a Will contest, you may wish to create a living trust to minimize a potential conflict. The attorneys at Genser Cona Elder Law can analyze the right tools to use to keep the peace and make sure your wishes are respected.
According to the New York State Department of Health, the average nursing home rate on Long Island is the highest average in the state. Monthly costs in a nursing home average $16,000 or close to $200,000 per year.
As you can see, every day is valuable when it comes to long-term care planning. If you don’t properly plan or make errors on the Medicaid application, it can literally cost your family tens of thousands of dollars.
The elder law attorneys at Genser Cona Elder Law bring more than two decades of experience ensuring everything is in order. We take care to ensure your assets are preserved and your family is protected.
Elder law is very complex. One wrong move can be the difference between a desired outcome and a life-altering chain of events. The elder law attorneys at Genser Cona Elder Law offer more than 20 years of experience helping seniors and family members across a myriad of areas, including:
Contact Genser Cona Elder Law attorneys today to create a plan for the future.
Genser Cona Elder Law is a full service law firm based in Melville, LI. Our firm concentrates in the areas of elder law, estate planning, estate administration and litigation, disability planning and health care facility representation. We are proud to have been recognized for our innovative strategies, creative techniques and unparalleled negotiating skills unendingly driven toward our paramount objective - satisfying the needs of our clients.
Genser Cona Elder Law Celebrates National Senior Citizens Day
Spotlight Long Island: Genser Cona Elder Law Founder Jennifer Cona on the law firm’s mission, secret sauce, and new initiatives
Genser Cona Elder Law Receives Top Elder Law Firm Ranking by Long Island Business News
Health Care Proxy: A Must For Parents With College-Age Children
The 2nd Annual Collaborate with Edge Leadership Conference Proved to be a Success
Special Needs Planning: Understanding Special Needs Trusts and Guardianships