When implementing your Estate Plan, it is important to account for and address each asset that you own, even if it is in digital form. Cryptocurrency is encrypted digital currency, that does not exist as a physical record. Nevertheless, it…
On March 26th, we invited our Peace of Mind (POM) Members to attend a Virtual Beatles Tour of London. As you may know, the Managing Partner, Vincent J. Russo, is a huge Beatles Fan. This event was hosted by Gotham…
Long-term care costs in our area are very high. And, in some respects has increased dramatically in 2020. The rise in the cost of care was due in part to increased costs caused by the COVID-19 pandemic. For example, in…
The Federal Emergency Management Agency (FEMA) announced that it has allocated $2 billion dollars to reimburse families up to $9,000 dollars for COVID-19 related funeral expenses which were incurred after January 20, 2020. These funds have been made available under…
A trustee serves a very important role in the care and control over the trust estate; therefore, the person or entity you choose to be your trustee is very important. A trustee holds legal title to the trust’s assets and…
If you own a home, you likely are already aware of homeowners insurance and its importance in insuring your residence. However, what insurance, if any, should you have on a rental property? A standard homeowners insurance policy in most cases…
Medicare is our country’s health insurance program for people who are age 65 or older. If you are about to turn 65, you should prepare to enroll in Medicare in order to avoid late enrollment penalties. Medicare enrollment begins three…
Thanks to a recent court ruling, the conservatorship of singer Britney Spears has again received wide media attention in the past few weeks. The conservatorship of Spears has been a matter of public debate since it was initiated in 2008,…
Medicaid…to some this can be the dirtiest word in the English language. Why? Many people rely on the fictions that they read on the internet and the experiences of others rather than understanding how Medicaid can help them. Let’s dispel…
A critical component to all estate plans is that an individual needs five must-have estate plan documents. The 5 must-have estate planning legal documents consist of: Durable Power of Attorney Health Care Proxy Living Will (Health Care Declaration) Authorization for…