Ronald Fatoullah & Associates - Elder Law

Great Neck Estate Planning And Elder Law Blog

Are you worried about paying for a home health aide?

For many people, living in a nursing home or assisted living facility is either impractical or undesirable. You may choose to hire a home health aide as a compromise to stay at home. These professionals provide a great many services, but over time their services can cost a great deal.

Do you know if you or your family member’s estate can afford a personal health provider? Before flipping through the yellow pages, carefully consider your financing options.

Estate planning and retirement fund contributions

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Tax difficulties are the last thing anyone will wish to encounter during their retirement years. But with current rules regarding income calculation, expense deductions, and minimum withdrawals from retirement accounts, elderly individuals often make mistakes when it comes to filing taxes.

A few months ago, Forbes published an article warning about individuals stashing too much of their finances into 401(k)s. The article states that the IRS may be targeting such individuals for audits. As such taxpayers are purportedly saving more than is allowable, the treasury department was supposedly suffering a shortage of money.

New York's green burial options

Did you know that New York has the highest number of "green" cemeteries in the nation? You can join a movement of thousands to make your funeral as eco-conscious as your life.

Your decision over your body's final resting place could save the environment from the equivalent of emissions from a 500-mile road trip. After traditional cremation, a natural burial is the eco-friendliest option for burial today.

Smart, Caring Strategy For Seniors: Call 516-466-4422.

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