As most adult children with aging parents in New York can likely attest, caring for a beloved elderly relative may sometimes feel like the equivalent of a full-time job. Of course, it's a job most loving family members are more than happy to do, but it can be a bit...
Preserving & Protecting Your Family’s Assets & Legacy
Month: October 2017
IRS Increases Gift Limits in 2018
In 2018, the IRS is increasing the annual exclusion from gift tax. In 2018, the first $15,000 of gifts to any person (other than gifts of future interests in property) are not included in the total amount of taxable gifts. More simply put, if you make a gift to a...
An Elder Law And Estate Planning Law Firm On Your Side.