An Individual Retirement Account (IRA) is most often one of the largest assets that an individual owns. Likewise, many people heavily rely upon their IRAs for future financial needs. So why are so many people not protecting this asset? Considering…
The brave men and women in our military not only deserve our gratitude for their service, but also all the care we can provide. This means providing them with the appropriate benefits should they become disabled during service. When many…
If you are single, then you may face some unique challenges when it comes to estate planning. With millions of single adults in America today, it is more important than ever to understand the estate planning options and to take…
In 2015 the Individual Retirement Account (IRA) as we know it turns 40 years old. Many who were familiar with IRAs in the beginning probably cannot believe how things have changed in 40 years. Throughout the past 40 years, IRAs…
On Diciembre 16, 2014, Congress passed provisions that will protect children with disabilities who have parents in the military by allowing their parents’ survivor benefits to go into a special needs trust. Special needs trusts make it possible for persons…
NYS GOVERNOR'S BUDGET BILL PROPOSES TO ELIMINATE MEDICAID "SPOUSAL REFUSAL" Government, at both the Federal and State level, is telling its constituents that they are instituting programs to allow the aged and infirm to stay in their homes and receive…
This update provides new Medicare Figures for 2015. This is the second of a four part series of updates for 2015. Medicare PART A: Hospital Services Inpatient hospital deductible $1,260/illness Daily co-insurance $0/day 1-60 $315/day 61-90 $630/day 91-150…
As our aging population begins to enter retirement in record numbers, more and more seniors will face the question of how to handle their changing health needs. One decision that will need to be made is whether to reside in…
Teenagers today have cars, laptops, smartphones, tablets, and any other gadget or gizmo you could imagine. So, why not an estate plan? When your child or grandchild turns 18 years old there are a few important events that take place…
Abraham Lincoln, one of the greatest minds of the 19th century, died without a will. Although the 16th President of the United States died unexpectedly at age 54, it may still seem surprising that the Great Emancipator did not take…