As we age, we are taught that it is important to have a will. Some of us even recognize the value of having a Durable Power of Attorney, Health Care Proxy, Living Will, and Living Trusts. However, there could be…
Un testamento vital es un documento que establece sus deseos sobre el alcance de la atención médica que desea recibir. Funciona en vida si usted no puede comunicar sus deseos en el momento de tomar una decisión...
In New York, there are only two guardianship proceedings for adults, namely Surrogate’s Court Procedure Act (SCPA) Article 17-A guardianship, and Mental Hygiene Law (MHL) Article 81 guardianship. Although the basic premise for these two guardianship proceedings is the same…
On Octubre 4, 2017, the U.S. Department of the Treasury announced that it is recommending the complete withdrawal of the proposed regulations under Section 2704 of the Internal Revenue Code, which would have placed restrictions on liquidation of an interest…
Every trust is comprised of an agreement between two people – a grantor who is donating funds to the trust, and a trustee who manages the donated funds as outlined by the grantor in the trust document. The funds in…
On Septiembre 27, 2017, President Trump’s Administration released its “Tax Reform Plan.” In addition to consolidating tax brackets from seven to three (12%, 25%, and 35% with income ranges to be provided later), President Trump’s new plan has addressed eliminating…
Our partners Vincent J. Russo and Marie Elena Puma have once again been named “Super Lawyers” on the “New York Metro Super Lawyers” list. This is Vincent’s 11th year being recognized as a Super Lawyer and Marie Elena’s 2nd year receiving…
When helping our clients plan for retirement, many express their interest to set aside money for charity. Some clients have a specific charity in mind, while others simply want to set aside an amount to be given to a charity…
New York is credited as being “The City that Never Sleeps”. With all the places to sightsee, Broadway shows to watch and museums to visit, it is easy to see why. For those particularly searching for happenings in the arts,…
Often times when clients make an appointment with our law firm, they have a very specific estate planning concern or issue. They may have a particular focus in mind, such as updating a will or avoiding probate. With a plethora of details…