The Hidden Dangers of Gifting to Family Members As people get older and retire, many express an interest in gifting to younger family members and sharing their savings with those who need help. A common misunderstanding about gifting stems from the IRS annual gift exclusion. Many of my clients correctly identify that any individual may…
Estate Planning and Asset Protection Free Seminar – June 25, 2019 You and a guest are invited to join us for this free Estate Planning and Asset Protection Seminar on June 25, 2019 at 6:00 PM at J&G, 158 Orange Avenue in Walden, NY. Register Here – Seating is Limited so reserving your spot is…
Community Medicaid: The At-Home Care Option Many Americans swear that they’ll never go to a nursing home. There is a stigma that it is a last resort option for people who are dying. In truth, many nursing facilities defy the stereotypes and provide positive environments where elderly people can live their final years productively with…
It’s Always the Right Time for Estate Planning Each year of my practice as an attorney, I meet hundreds of people without a will or any estate plan in place. The most common reason they give me is timing. Young people—20’s to 50’s depending on who you talk to—tend to feel that they’re healthy and…
Do-It-Yourself Wills: Don’t Do It Attorneys frequently urge people to make a Will because we have personally seen the extremely unpleasant and expensive consequences that usually arise when people die without having made a Will. Some people may be tempted to make their own Wills. This frequently leads to the same unpleasant and expensive consequences…
Six Things To Do When A Loved One Passes Away When a loved one dies, the stress and pressure on the family can be immense—to carry out the last wishes and funeral of the deceased, as well as to make sure the heirs get their due. Here are the most important six things to know….
Seniors’ Right to Part Ways With Their Landlord In New York, senior citizens have a statutory right to cancel a residential lease upon notice to their landlord in the event that they are no longer able to live independently so that they can move in with a family member or appropriate health care…
Estate Planning 101 The most common misconception about estate planning is that it requires a substantial “estate.” For many, the word “estate” conjures an image of vast wealth, like that of John D. Rockefeller or Howard Hughes. However, in reality, nearly everyone leaves an estate behind when they die. It could be millions or it…
Three Ways to Approach Long-Term Care and Nursing Home Costs As long-term care and nursing home costs have soared to well over six figures annually, it is more important than ever to look at measures you can take to protect your assets. There are three ways you can approach the exorbitant costs of care: Paying…
5 Reasons Why You Should Make an Estate Plan About 60% of Americans lack a basic will. That’s no surprise: planning for sickness or death is a challenging subject to discuss, and it’s easy to put off for another time. But because you can’t see the future, you rarely know in advance when these documents…
