In New York, if an individual passes away without a Last Will and Testament, or if the will is determined to be invalid, then the decedent’s assets are subject to the state laws of intestacy. Any assets held in the…
It is important to discuss your estate plan with your spouse or life partner thoughtfully and carefully. Before meeting with an estate planning attorney, it is best to discuss your ideas to present a united goal. This conversation can be…
Although it may not seem that Covid-19 is a thing of the past, according to New York State’s Medicaid program, some of the relaxed rules enacted during the pandemic are quickly coming to an end. What Is Changing? During the…
Do I owe taxes on my inheritance? As qualified NY estate planning attorneys, this is a common inquiry from our clients. The short and sweet answer is that inheritances are not generally considered income for federal tax purposes. With that…
A Durable Power of Attorney (DPOA) is a legal document allowing a person (referred to as the principal) to delegate authority related to legal and financial matters to another person or persons (referred to as the agent). Durable powers of attorney are…
Russo Law Group, P.C. is proud to announce our new Partner Diana Lattanzio, Esq. Diana brings over 20 years of experience to Russo Law Group, P.C., where she focuses on elder law, Medicaid planning, estate planning, special needs planning and…
A recent study has shown that when patients with early Parkinson’s disease who respond to drug therapy also receive deep-brain stimulation from an implanted medical device, they are more likely to gain improvement in their symptoms and quality of life…
Within the family, caring for elderly relatives comes naturally. The love and care many adult children receive growing up become reciprocal, particularly in the case of their aging parents. But with the advent of longer lives, it is not uncommon…
There is no doubt that contemplating our own death is one of life's greatest challenges. Yet it is crucial to think carefully about the medical treatment we would want at the end of life. Medical technology can now keep us…
Watch “In The Legal Know” with Vincent J. Russo on CFN Live! Vincent appeared on CFN Live on Enero 10th, 2023 to discuss “Do You Know Who Owns Your House?” https://www.youtube.com/watch?v=_PeHZKOXFO8&feature=youtu.be Vincent J. Russo discusses the different types of…