Articles for Seniors
Elder Law Attorneys on the Web
July 2nd, 2022 by David Goldfarb
This is a listing of Elder Law attorneys with pages on the Web and does not constitute a recommendation or referral by Goldfarb Abrandt & Salzman LLP or SeniorLaw.com. Alabama Davis & Neal (Dothan Opelika, Maontgomery & Mobile, AL) (https://www.epattorneys.com/) Ryan, Hicks, Cumpton & Cumpton, LLP (Huntsville & Mobile, AL ) Arizona Robert J. Fleming […]
Glossary of Elder Law Estate Planning Terms
May 28th, 2020 by David Goldfarb
New York law uses unique terminology when it comes to estate planning and elder law. If you know and understand this terminology, it will make it much easier for you to comprehend the estate planning process and how it works. The experienced New York estate planning attorneys at Goldfarb Abrandt & Salzman LLP can discuss […]
New York State Medicaid Law
May 28th, 2020 by David Goldfarb
New York Medicaid Attorneys Don’t make a mistake with Medicaid eligibility; contact a New York elder law attorney with knowledge of Medicaid law. Goldfarb Abrandt & Salzman LLP is a law firm that handles New York Medicaid cases. Updated with 2020 income, resource and penalty rates Introduction Medicaid is a joint federal, state and city […]
IRS Announces Higher Estate and Gift Tax Limits for 2020
May 20th, 2020 by David Goldfarb
In recent years, many people have put estate and gift tax concerns out of their minds since the Obama Administration increased the estate tax credit to more than $5 million in the early 2010s. The Tax Cuts and Jobs Act of 2017 again substantially increased the estate and gift tax credit, protecting most estates in […]
Medicare Prescription Drug Benefit What Does It Mean To You
May 1st, 2020 by David Goldfarb
Including information on the Health Care Reform Provisions of 2010 Affecting the Medicare Prescription Drug Donut Hole With great fanfare, on December 8, 2003, President Bush signed into law the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (the “Act”). The Act provides for the establishment of a voluntary drug benefit under a new […]
Medicaid Application Services Are NOT Medicaid Planning
February 14th, 2020 by David Goldfarb
Nursing home care is extremely expensive, and even a relatively short stay in one has the potential to wipe out a patient’s entire estate. For this reason, many people who are going into nursing homes take steps to establish and preserve Medicaid (https://www.medicaid.gov/) eligibility so that government benefits at least partially subsidize their care. According […]
The Jimmo Case and the Medicare Improvement Standard
January 5th, 2020 by David Goldfarb
A settlement agreement in the 2013 case of Jimmo v. Sebelius clarified the “improvement standard” that Medicare used when determining when to grant benefits for skilled nursing care, outpatient therapy, or home health care. Now, anyone seeking benefits for these types of care should fully know their rights under the agreement. Prior to the case, […]
Medicare And Medigap Insurance Policies: Maximizing The Benefits
November 15th, 2019 by David Goldfarb
Additional information on the Medicare Prescription Drug Benefit Copayment and premium amounts for 2020: Part B premium: $144.60 per month on average. If your income is above $85,000 (single) or $170,000 (married couple), then your Medicare Part B premium may be higher. Co-payments: Inpatient hospital deductible: $1,408. Inpatient hospital copay for days 61 – 90: […]
How Medicare Recipients Can Prepare for the Termination of Certain Supplemental Medicare Policies (Medigap)
August 2nd, 2019 by David Goldfarb
As part of the Medicare Access and CHIP Reauthorization Act of 2015, Congress eliminated certain Medigap plans that cover Medicare Part B deductibles and other expenses owed by Part B policyholders. The federal law will no longer allow insurance companies to offer certain Medigap programspolicies—such as Plan C or Plan F—starting in 2020. As part […]
