On Long Island, a tax break affecting 35,000 Nassau County seniors was not renewed this year. Recently, Nassau County let a long-standing property tax abatement expire without any notice to the recipients of the abatement. Approximately 35,000 seniors, all earning…
Reporting the sale of real property could be either really complicated or relatively simple, depending on the facts and circumstances. The type of property will also impact the manner and type of taxes that need to be paid. There may…
For those who currently have taxable estates, the burning question is, “What planning should or should not be implemented in light of an expected federal estate tax repeal?”
If you loved watching the inspirational and resourceful two-time Telly Award winning show, Family Comes First this past season, you’ll be glad to know you can now watch your favorite episodes at your leisure. Vincent J. Russo and Victoria Roberts…
Assisted living facilities can often be an excellent option for a person who is interested in residing in a place where he or she can receive supervision or assistance with Activities of Daily Living, and where the resident is monitored…
This past season of Family Comes First™ has been inspirational and filled with stories that are heartwarming and moving. On this week’s show, The Best of Season 9, we will look back on the families and resources that moved us during this season.
The power of attorney is a crucial estate planning document—it allows a third party to step in and make important financial decisions for you, if you are no longer able to make those decisions for yourself. Having a properly executed comprehensive durable power of attorney can preclude the need for guardianship when it comes to your financial affairs.
People often say that you only need an estate plan if you have a lot of money and/or a lot of assets. That statement is not necessarily true.
Reason 1: An estate plan is also important for medical and simple financial decisions, especially for a spouse in the event of disability or incapacity. It makes the entire process a lot more stress-free and simple for the spouse.
If something happens to me, my spouse will inherit everything I have anyway, so why do I need to make an estate plan?
Over the past nine seasons of Family Comes First™, we have been blessed to meet amazing individuals and families with extraordinary stories. Often on our show, we like to follow up with a former guest to update our viewers as to where they are now.
On this brand new episode of Family Comes First™, “Operation Babylift,” we reacquaint you with Lana Noone. Lana was on our show back in 2009, during the second season of Family Comes First™. Lana and her late husband, Byron, were pioneers for international adoption on Long Island, New York in the 70s.
Imagine a child growing up without a home or a family to call their own; Imagine a child being alone in the world. Unfortunately, this is a reality for thousands of children in the foster care system today. The majority…