Category: Newsletter

January 10, 2018 Robert Slutsky

Understand Decisional Capacity: Be aware that capacity is not an all-or-nothing thing. A family member may have some capacities at some times but are gradually losing others. Financial capacity and financial judgment often decline before other functions. So it is important to get help to evaluate capacity. It will help give you a clearer picture…

January 2, 2018 Robert Slutsky

Slutsky Elder Law Presents Guest Contributors: Middle-aged Adults are Sandwiched in Between Aging Parents and Kids America is faced with an aging population and a generation of adults who may need to take care of their parents, while caring for the children and young adults in their household. Demands on the sandwichers are increasing as…

December 27, 2017 Robert Slutsky

At this time of year most of us reflect on what went well and not as well as we like in the past year and commit to doing better.  This reboot is needed even if we had a great year.  Even if you had some challenges in the last year, I bet you can find…

December 26, 2017 Robert Slutsky

Interested in Learning the New Tax Brackets? 1. Standard Deduction: The new tax law changes the standard deduction to $12,000 on single returns, $18,000 for head-of-household filers and $24,000 on joint returns … up from $6,350, $9,350 and $12,700 in 2017.  Individuals age 65 or older and blind people get even higher standard deductions. Two…

December 12, 2017 Robert Slutsky

                            Ann Schoonover and Wendy Walsh from Surrey Services for Seniors Join                                  Slutsky Elder Law as Guest Contributors What is an Aging Life Care Manager? Aging…

November 18, 2017 admin

Is a Roth IRA right for you? A Roth IRA is a different type of IRA and it may work for you.  In its basic form an IRA (Individual Retirement Account) is an account that you can contribute funds free of federal income taxes.  You can contribute up to $5,500 per person (or $6,500 per…

May 6, 2015 admin

Q: My mother-in-law is on the deed to my wife’s and my home. If she moves into a nursing home, will Medicaid try to claim an interest in my home? How can I prevent them from doing this? Must I transfer the interest in the property prior to her moving? She no longer earns an…

May 6, 2015 admin

10 Tips While Helping Aging Parents 1. Getting old is financially scary No matter how much money one may have, thinking about covering the expenses associated with aging or dealing with the unknown can be extremely scary. What if your elderly parent doesn’t have enough insurance or savings to pay for long term care or…