Name: Emily Hicks Law, PLLC
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Should I Spend Assets, so Spouse’s Nursing Home Stay Is Covered by Medicaid?

My spouse is going to have to move to a nursing home. When spending down assets for the sick spouse to qualify for Medicaid, does it have to be done before sick spouse is sent to a nursing home or can it be done even after the sick spouse is admitted to a nursing home?

11/19/22 • by: Emily Hicks Law, PLLC

IRS Announces New Lifetime and Gift Tax Exemptions

The Internal Revenue Service Today announced new inflation-adjusted limits for 2023 that will allow well-off individuals to transfer much more to their heirs tax free during life—or at death.

11/17/22 • by: Emily Hicks Law, PLLC

Why Is Power of Attorney So Important for Estate Planning?

Estate planning takes a lot of time, but another factor that needs to not be overlooked is having a power of attorney.

11/16/22 • by: Emily Hicks Law, PLLC

Is Spouse Automatically Your Beneficiary?

If the surviving spouse is a second or subsequent spouse and did not have any children with the decedent, the surviving spouse takes even less.

11/15/22 • by: Emily Hicks Law, PLLC

What Is the Purpose of a Guardian?

Few will argue that the most important time to have a will is when you are parents of young children.

11/14/22 • by: Emily Hicks Law, PLLC

What are Caregivers Using to Track Dementia Patients?

A popular device used to locate lost items like keys, a wallet, or a bag, is being used by some Americans to track their loved ones with dementia, a report says.

11/11/22 • by: Emily Hicks Law, PLLC

What to Do When Your Spouse Dies

Here is a list, in no particular order, of what needs to be done after someone passes to help you during this difficult time.

11/10/22 • by: Emily Hicks Law, PLLC

What Happens When Inheritances are Unequal?

Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.

11/09/22 • by: Emily Hicks Law, PLLC

Should I Keep Beneficiary Designations Up to Date?

Here’s a simple financial question: who is the beneficiary of your IRA? How about your 401(k) or annuity?

11/08/22 • by: Emily Hicks Law, PLLC

Estate Planning for Different Ages and Stages of Life

An estate plan works like the operating system on your phone or computer. It runs in the background. However, it needs occasional updates to keep the plan current.

11/07/22 • by: Emily Hicks Law, PLLC

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Emily Hicks Law, PLLC