Do I Qualify For Medicaid?
As an Elder Law Attorney for nearly 20 years, I am often asked the question “How do I qualify for Medicaid?” While this seems like a very simple question, there is no simple answer. There are multiple types of Medicaid…
Surviving the SECURE Act – Roth IRA Conversions
The concept of converting a traditional IRA to a Roth IRA has been around for a while. However, thanks to the SECURE Act, it may be a more beneficial retirement and tax planning strategy. The way the conversion typically works…
Surviving the SECURE Act – Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) is an irrevocable trust that allows a person to donate money to a charity while generating an income for either the donor or other beneficiaries with the remainder of the donated assets going to a…
Surviving the SECURE Act – Start planning for inherited IRAs
If you inherit a traditional IRA after the enactment of the SECURE Act, or expect to inherit an IRA in the future, you should consider having a plan in place for withdrawals to avoid a big tax bill. Tax Liability…
Surviving the SECURE Act – Review your estate plan
The SECURE Act has received much buzz since it was signed into law on December 20, 2019, as it will likely impact the retirement and estate planning strategies of many Americans. The far-reaching law includes significant provisions aimed at increasing…
Nursing Home Visitation Guidelines During COVID-19 in New York
On March 13, 2020, the New York State Department of Health issued guidance to Nursing Homes and Adult Care Facilities limiting visitation to medically necessary or end-of-life services. Further, the guidance canceled congregate meals and activities in health care facilities…
Vincent J. Russo Named Legal Correspondent on CFN Live
Russo Law Group’s Managing Partner, Vincent J. Russo, will be a featured contributor on the Catholic Faith Network’s new show CFN Live. Vincent will be the show’s sole Legal Contributor. In his segment, entitled “In the Legal Know,” Vincent will…
Five Reasons to Avoid an Online Will
Oftentimes people are drawn to the ease of creating an online Will versus seeking the guidance of a qualified elder law attorney. But, before you go online, consider these five reasons why online Wills aren’t your best option. Proper Execution…
Medicaid versus Medicare – FAQs
I always get Medicaid and Medicare confused – Can you tell us the difference? Distinguishing between Medicare and Medicaid can be confusing, but there are several key differences between the two. Medicare Generally, Medicare is available for people age 65…
How Do I Protect My House from the Nursing Home?
Yesterday I spoke to Jill, whose mom and dad have been talking to their friends. They have mentioned to Jill that they are getting nervous that they need to do some Estate Planning. They know that many of their friends…