New York, NY, Elder Law
Attentive and responsive lawyer provides reliable counsel
The fact that Americans today are living longer than ever is a cause for celebration. However, there are downsides to longevity: people can outlive their means or suffer long-term illnesses that dissipate their savings. The challenge of elder law is to help seniors to use various legal structures to safeguard their wealth and still provide for their health and welfare. For more than 35 years, attorney Cormac McEnery has assisted elderly New Yorkers who need sound estate planning solutions to their specific problems. The Cormac McEnery Law Firm is committed to highly-personalized service that delivers dependable results.
Addressing the challenges of aging
Mr. McEnery takes a realistic approach to elder issues. He works with you to craft a plan that comprehensively safeguards your finances, health and welfare. Elements of a solid elder care plan include:
- Long-term care planning — Elders should apply for long-term care insurance and Medicare supplemental insurance to protect their assets in the event of an extended stay at a hospital or nursing facility.
- Medicaid eligibility planning — Seniors with modest wealth must adopt strategies for shielding their assets so that if nursing home residency becomes necessary, they can qualify for Medicaid assistance.
- Trusts for holding assets and eventual transfer — When properly structured, a trust can hold your property for your use and then transfer it to your heirs without triggering the estate tax.
- Guardianships and healthcare proxies — Through powers of attorney, you can select a responsible person to oversee your finances and/or make decisions regarding your healthcare. You can state your preferences regarding the type of medical interventions you find acceptable.
By meeting with you in the relaxed setting of our office and spending time listening to your concerns, we are able to craft a solution combining all the essential components of an elder law estate plan.
For answers to your elder law questions, contact our Brooklyn Heights law firm
The Cormac McEnery Law Firm is determined to address elder law issues for seniors and their concerned children. We see each of our clients as individuals and design plans to address their unique circumstances. To schedule a free consultation at our Bronx, Manhattan or Brooklyn office, call us at 888.368.4329 or contact us online.