Certain costs are adjusted yearly by the government and can affect premiums, deductibles and other cost-sharing aspects of Medicare. Even though each change doesn’t necessarily involve huge dollar amounts, they can add up and should be factored into your monthly health-care spending.
While many retirees have considered purchasing a vacation home to escape cold winters, to rent out for income, or simply have a gathering place for far-flung family members, there are a number of financial matters to consider that could make ownership onerous.
Posted on: February 28, 2020 | By: David Parker, Esq.
Whether you recently experienced the loss of a loved one or are learning how to best prepare and plan your own estate, you've likely come across the term and may be wondering, "What is probate?" It's important to understand what probate is and how the process works.
Posted on: February 27, 2020 | By: David Parker, Esq.
In New York, Article 81 guardianship is appointed when an individual is unable to manage personal or financial affairs due to incapacity. Courts require strong evidence before appointing a guardian. A Yonkers elder lawyer can guide families through the complex legal process.
Posted on: February 26, 2020 | By: David Parker, Esq.
My father recently passed away and we discovered he had a large credit card debt on a card in his name. My mother wasn’t aware of it. All assets are in both of their names. Is my mother liable for the credit card debt?
Posted on: February 25, 2020 | By: David Parker, Esq.
She recently enrolled in traditional (Parts A, B, and D) Medicare and was hit with huge Part B and Part D monthly premiums. She had no idea why it was so high. After many letters, calls, and meetings with Social Security, she still had no idea.
Posted on: February 24, 2020 | By: David Parker, Esq.
The expression recognizes the blindness that many of us have in relationships to the spending habits of partners and the effect it has on our own finances.
Posted on: February 21, 2020 | By: David Parker, Esq.
When she worked on the trading floor of the Chicago Board Options Exchange, long before cellphone calculators, Susan Saran could perform complex math problems in her head. Years later, as one of its top regulators, she was in charge of investigating insider trading deals. Today, she struggles to remember multiplication tables.
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