The answer to the question “Are gifts made during my lifetime includible in my estate for estate tax purposes?” depends on several factors. Federal For purposes of the Federal Estate Tax, yes, any taxable gifts you make during your lifetime…
Junio is National Alzheimer’s and Brain Awareness Month, a time to show support for the millions of people struggling with this debilitating disease—and, a good time to think about planning for the possibility of needing long-term care. Alzheimer’s disease is…
Generally, the answer to this question is “No”. However, Medicaid does have a program, aptly named the “Assisted Living Program” (or “ALP”) that does provide Medicaid coverage for an assisted living. There are a number of facilities in New York,…
The short, but perhaps not so obvious answer to the question “Who has the right to determine what happens to my body when I die?” is, YOU – provided you planned ahead of time. We advise many of our clients…
The practical answer to the question “Do I need a death certificate to probate a will?” is yes. In a practical sense, the Surrogate’s Court generally requires a death certificate in order to probate a Will, as it needs the…
Tim Nay has mentored and educated attorneys throughout the country to ensure that seniors and people with disabilities had, and continue to have access to qualified elder law and special needs planning attorneys. We thank Tim for his efforts on…
Una hipoteca inversa es un préstamo hipotecario, normalmente garantizado sobre bienes inmuebles residenciales, que permite al prestatario acceder al valor patrimonial de la propiedad. En concreto, se trata de un acuerdo financiero por el que el propietario cede el valor de su vivienda...
Llega un momento en que un hijo o familiar puede tener que mantener conversaciones difíciles con un padre o familiar anciano en relación con su conducción y vivienda. Aunque no existen pruebas científicas claras que indiquen cómo...
Just a few words on a deed may seem inconsequential, but where two or more individuals own title to real property, it is important to understand the multiple forms of ownership that are available, and unavailable, to property owners. Whether…
It was Febrero 27th when Fox announced that the beloved 90s television hit, Beverly Hills, 90210, was picked up for a reunion series of six episodes. It came as a shock when, a week later, star Luke Perry, largely known…