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2024 Strategies for Long-Term Care Planning in New York
With 10,000 baby boomers turning 65 every day, long-term care planning has become an increasingly important issue across the United States, including in New York. As the population ages, more individuals will require long-term care services and supports, highlighting the need for prudent planning to cover future care costs. There have been recent developments in New York on Medicaid eligibility rules and asset protection strategies.
“If I am not for myself, who will be for me? If I am not for others, what am I? And if not now, when?” – Rabbi Hillel
Have you ever woken up in the morning, sun shining through the windows, clear beautiful blue sky, maybe some birds are singing, the aroma of coffee wafting from the kitchen, all is well and then–all of a sudden–it hits you like a ton of bricks… all is NOT well. In that first few minutes of awakening you forgot your troubles, be it a sickness, a death, a job less, a lost love, a pandemic…
As I walked along the beach road where I live, I saw a bright spot in the grass which turned out to be a rock, painted pink and inscribed with “LOVE”. I put this new treasure in my pocket and continued to the beach, contemplating the state of current affairs.
This year my marks my firm’s 25th year and tomorrow is Administrative Assistants day. These are the stories about the people who make up the firm.
I have a confession to make. I did a Tedx talk in 2016, entitled: “Making Heads or Tails of the Third Age” and I never looked at it again.
Last week, I was reminded of a turning point in my early years when trying to integrate my family life with my professional life. The recent upheaval caused by the pandemic has highlighted the difficulty in creating a “work-life balance.”
