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Estate Planning and Asset Protection Free Seminar – March 24, 2020 You and a guest are invited to join us for this free Estate Planning and Asset Protection Seminar on March 24, 2020 at 6:00 PM at J&G, 158 Orange Avenue in Walden, NY. Register Here – Seating is Limited so reserving your spot is…

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Including Your Pets in your Estate Plan All dogs may go to heaven, but what happens if you get there first? As an estate planning attorney, I frequently advise clients on how to protect assets from long-term care and nursing home costs, estate taxes, probate, and more. But for some people, there’s more to estate…

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What to know about Medicaid’s 5-Year Look-Back Period Nursing homes in the Hudson Valley can cost upwards of $15,000.00 per month. Qualifying for Medicaid to get those costs covered is critical. You may have heard that there is a five-year look back period if you want to shield your assets from nursing homes. Here’s what…

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Consider Talking to Your Loved Ones About Your Estate Plans Consider talking to your loved ones about your estate plans.  Death can be one of the most challenging subjects to discuss. In my role as an estate planning attorney it is a topic of daily conversation. But talking about mortality with your children can be…

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The Joint Ownership of Property and Life Insurance Many people believe that by owning property jointly with a trusted loved one they will be protected from, and will be able to avoid the need for their survivors to administer their estate through the court system while at the same time save their estate from having…

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Michael Wagner Promoted to Senior Counsel    WALDEN, NY – The law firm of Jacobowitz and Gubits, LLP (J&G) is pleased to announce that Michael Wagner, concentrating in estate planning, elder law, Medicaid planning, wills and trusts, was promoted to Senior Counsel as of June 12, 2019. “On behalf of the partners, I am pleased to announce…

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Estates Without Children Are Often More Complicated As an estate planning attorney, most people I meet are seeking to leave a legacy for their children. People who have worked hard their whole lives and acquired assets want to make sure that they protect that property and pass it on to the next generation as efficiently…

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Health Care Decision-Making Quite often I am asked about the differences between a Health Care Proxy and a Living Will. A Health Care Proxy allows a “principal” to appoint someone else to act as his or her health care agent for purposes of making health care decisions. When executing a Health Care Proxy, a person…

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Five Reasons to see an Estate Planning Attorney after your Divorce:  Completely Untie the Knot Five Reasons to see an Estate Planning Attorney after Your Divorce:  Completely Untie the Knot Now that your divorce is settled, it is important to think about estate planning for the benefit of your children or others closest to you….

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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…

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Jacobowitz and Gubits Counselors at Law