A frequent question I get from clients who are considering putting their house into a Medicaid Asset Protection Trust is,“If my house is in the trust, can I sell it if I so choose in the future?” First, let’s look at…
If you are an agent under a healthcare proxy for a loved one, you may be faced with some difficult questions and issues from time-to-time. One issue is whether or not you have the authority to restrict or allow visitation…
When a person dies, his or her estate may need to go through probate. If the decedent leaves a will directing how his or her property should be distributed after death, the will must be submitted to the probate court…
As the fourth anniversary of Hurricane Sandy approaches, it is important to remember the loss of life and brutal destruction that was left in the wake of its path—in order to be more prepared for the future. Before the next…
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.
In a previous post, we discussed 529 plans as a way to help contribute toward college tuition. In this post, we provide some food for thought before you help pay for your loved one’s educational costs. Can you afford to…
Many seniors who want to help their children and grandchildren ask, "How can I help my grandkids pay for college?" Helping pay for college can alleviate a lot of stress that a grandchild or the parents of a grandchild may be feeling…
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…
Sadly, each day, 22 men, women, and children die waiting to receive a life-saving organ transplant. Fortunately, over 650,000 lives have been saved since 1988 with the help of donors—many of them not biologically related to the recipient.
On this brand new episode of Family Comes First™, “Saving Lives,” we meet with Cindy Somma, who decided to give the gift of life to a relative and ended up saving the life of another.
Join us on Lunes, Septiembre 19th at 1:30 pm on Telecare (Cablevision channels 29 and 137, Time Warner channels 106 (Manhattan), 471 (Queens) or Verizon FiOS TV channel 296) as Cindy shares with us her journey when choosing to donate her kidney—and how she unexpectedly ended up saving the life of a stranger.
Taxes are a part of life (and death) in the United States. If you earn sufficient income, then you must report that income and pay a tax on the income if it exceeds allowable deductions. One such deduction is a capital…