Preserving & Protecting Your Family’s Assets & Legacy
Often, potential clients call me regarding what we call “trip and fall” cases. The name speaks for itself. Most injuries sustained in these accidents are severe, but that does not mean there is a case. Liability is the first consideration as these types of cases are...
Generally speaking, when it comes to establishing an estate plan, a Last Will & Testament is an essential document to execute. With a Will, the creator, or testator, can address many different things, but the main purpose of a Will is to provide direction as to...
New York Medicaid asset and income limits for Long Term Care Medicaid are based on a percentage of the Federal Poverty Levels (“FPL”). On January 1, 2023, New York State will increase these percentages. This translates into substantial increases for both income and...
IRS Rev. Proc. 2022-38 outlines the increase, for inflation, to the Federal Estate Tax Exemption for 2023, which is $12,920,000.00 per individual (compared to $12,060,00.00 in 2022), or $25,840,000.00 for a married couple (compared to $24,120,00.00 in 2022). The new...
Increasingly, our world is becoming more digital. Email, Twitter, Facebook, YouTube, Yelp, Instagram, Pinterest, Vimeo, photo, video and music accounts…. the list goes on and on. So what happens to these accounts, and more importantly, the content in these accounts,...
When it comes to an Estate Plan, every adult should have at least a basic plan in place. An Estate Plan is created, in large part, by executing legal documents. Each document addresses one or a few things, and all the documents come together to form a comprehensive...
Estate planning is so much more than drafting a Will. Trusts, Power of Attorneys and Health Care Proxies all perform very different functions. Getting your final wishes down on paper can feel overwhelming. The truth is that this puts many people off from estate...
Planning is a huge part of what elder law is all about, and that includes helping people understand what alternative planning strategies they may need to enjoy their final years. One of the biggest issues people often face is making sure that they have adequate...
For those New York residents who are in need of long-term care, New York State offers two Medicaid programs to cover the cost of such care. There is Community Medicaid, where the care is customarily administered in the person’s home by an aide, and Chronic Medicaid,...
The more complete your estate plan, the simpler it will make things for those grieving your loss after your pass. Setting out your own funeral wishes is one area many people overlook. There are a few ways to accomplish planning for after your death. One way is to...