This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/_XxjAvWfrqs Life estates are an estate planning tool when planning with residences. Before we get into taxes, let’s do a brief review of “What is a Life Estate?” A…
Many times, when a parent passes away, family members argue over their favorite items. Conflict can take place over things like a coffee mug, a piece of jewelry, or a painting. These types of arguments can be eliminated by filling…
As legal professionals, it is essential to be able to communicate effectively with our clients. Unfortunately, language barriers can interfere with this process and make it difficult for attorneys to provide effective counsel. Offering multiple languages at Russo Law Group…
Watch “In The Legal Know” with Vincent J. Russo on CFN Live! Vincent appeared on CFN Live on Abril 10th, 2023 to discuss“Life Estates: Helpful or Problematic?" (Part One) https://youtu.be/mhrYFJpMxZc Vincent J. Russo discusses life estates, how to create one,…
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/mhrYFJpMxZc There is much to talk about when it comes to life estates – a greatly misunderstood type of real property ownership. Life Estates can be helpful, or they…
On National Healthcare Decisions Day (NHDD), Russo Law Group would like to focus on and talk about advance care planning. This is a key component of healthcare that too often falls by the wayside as people focus on everyday medical…
For many reasons, an individual may have to move from one state to another. Whether it’s due to employment opportunities or family, you may want to review your estate plan prepared under the laws of the state you left. If…
Musician, songwriter, and poet Lou Reed relied on a last will and testament, which he signed sometime in Abril 2012. It was a 34-page will, and all the details were made public as follows: There were two co-executors of Reed's…
At Russo Law Group, you are not just a client, you are family! Did you know that as a client of our firm, you can give an immediate family member a Family Plan Coupon? Our goal is to forge a bond…
The Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) was part of the spending bill legislation passed by Congress in 2020. It was followed by the SECURE Act 2.0, which expanded the law designed to increase retirement…