Elder Law Seminars Hosted by Flushing House

May 05, 2010, 14:39 ET from Flushing House

FLUSHING, N.Y., May 5 /PRNewswire-USNewswire/ -- Are you a senior citizen stuck on a financial roller coaster due to the Medicare Part D "doughnut hole?" How will health insurance reform impact Medicare benefits? Did you know that the Deficit Reduction Act of 2005 makes it more difficult for seniors to obtain Medicaid benefits? Have you called a lawyer to protect your assets and save estate taxes? Hear answers from the experts at free Elder Law Seminars hosted by Flushing House, the not-for-profit, independent living retirement residence built in 1974.

Frederic Riccardi, MSW, Outreach Coordinator, Medicare Rights Center, will review how the recently passed national health insurance reform legislation will impact Medicare Part D, prescription drug costs, the "doughnut hole," New York State's EPIC program, and the potential for long-range changes in benefits for senior citizens, at our first seminar on Saturday, June 5, 2010.

Ronald Fatoullah, Esq., noted elder law attorney, will examine how the Medicaid provisions of the Deficit Reduction Act (DRA) of 2005, severely limits access to benefits for seniors, at our second seminar on Saturday, June 12, 2010. He will explain how the latest amendments to the DRA and Supplemental Needs Trusts, can help many seniors. He will review provisions which allow retirees to keep funds in their IRA accounts. Ron will also address changes to Powers of Attorney and the new Family Health Care Decisions Act, as well as the latest health insurance legislation.

Hon. Ann M. Carrozza, Esq., New York State Assembly Member and elder law attorney, will discuss how recent political developments have impacted the status of both state and federal estate taxes.  Real estate, liquid assets, retirement accounts, life insurance, assets in revocable trusts, are all subject to estate taxes. Ann will explore strategies which can soften or even eliminate these taxes!  She will present our third seminar on Saturday, June 19, 2010.

Admission is free. Handouts and refreshments will be available.  All three seminars are from 2:30 - 4:00 PM in the Flushing House dining hall, 38-20 Bowne Street, Flushing, N.Y. To RSVP, please call Robert Salant, director of community relations at Flushing House, (347) 532-3025 or (718) 762-3198, or send an email to rsalant@uam.org.

SOURCE Flushing House