As tax preparers, we see all kinds of taxpayers—organized, not organized, and some in the middle. Whether you come prepared with an accordion folder of neatly organized documents or an old shoe box with scraps of paper, you should be…
Tax season is fast approaching and many taxpayers are reviewing their paperwork to figure out what documents are necessary and what can be discarded. This can be a daunting experience that leaves many with the question: how long should I…
Nuestro bufete elabora muchos documentos importantes para clientes de edad avanzada. Los clientes pueden olvidar dónde se encuentran estos documentos dentro de su casa, perder la pista de la ubicación de los documentos en el transcurso de una mudanza, o pueden fallecer sin compartir los documentos reales (o su ubicación) con sus hijos, albacea o tutor.
Hay algunas aplicaciones para smartphone que pueden ayudar a particulares y familias a llevar un registro de documentos importantes, como testamentos o directivas avanzadas (poderes sanitarios, etc.). Esta herramienta funciona junto con la capacidad de la aplicación para catalogar el contenido de casas enteras. Esta función paraguas ayuda en los esfuerzos organizativos en curso, así como en la asistencia para mudanzas.
The U.S. Department of Labor (DOL) released its final fiduciary rule on Abril 6, greatly expanding the definition of fiduciary investment advice under the Employee Retirement Income Security Act of 1974 (ERISA), and creating new fiduciary standards for financial advisors…
Unless you have a crystal ball, it’s impossible to predict what the future holds. Should you become unable to make your own decisions, it is imperative to appoint someone to take care of your affairs and make healthcare decisions on…
The New York State Assembly and Senate recently passed Achieving a Better Life Experience (ABLE) legislation that will allow families the opportunity to set up tax-free 529A savings accounts fordisability-related expenses. The legislation is currently awaiting Governor Andrew Cuomo’s approval…
Have you ever heard the phrase, “nothing is certain in life except death and taxes”? Notice that the phrase does not include “interest and penalties.” That’s probably because they are not always a certainty. When someone passes away there are three…
If the Last Will and Testament allows for statutory compensation for an executor, the executor can get paid commissions which are calculated as a percentage of the combined value of the assets of the estate plus income. However, some assets…
A algunas personas les gusta tomar atajos. Supongo que no hay nada malo en ello, pero si lo hace con su plan de sucesión, puede verse expuesto a problemas innecesarios. Una esquina que a mucha gente le gusta cortar es...
The age-old question, “When should I start taking my Social Security Benefits?” is one that has plagued individuals in their late 50s and early 60s for decades. It is a great question that has a frustrating answer – it depends…