When long-term care insurance first became available about eight years ago, there were few customers. The product contained a large amount of errors; it was untested and overpriced. However, people gave it time to grow because it took a while for…
If Congress doesn't act fast, the Social Security disability trust fund will run out of money in 2016. This will result in an automatic 20 percent cut in benefits. This is unacceptable. One of the main reasons for the impending…
If the Last Will and Testament allows for statutory compensation for an executor, the executor can get paid commissions which are calculated as a percentage of the combined value of the assets of the estate plus income. However, some assets…
The Centers for Medicare & Medicaid Services (CMS) recently released information about the Medicare Part D stand-alone prescription drug plans (PDPs) for 2015. Approximately 61 percent of the beneficiaries enrolled in Medicare Part D (23.2 million beneficiaries) are currently enrolled…
Some people like to cut corners. I guess there's nothing wrong with that, but if you cut corners with your estate plan then you may leave yourself subject to unnecessary issues. One corner that many people like to cut is…
If the notion of knowing who owns your home sounds crazy, then consider this scenario: Tom and Mary bought their home in 1964, two years after they were married. Fifty years later, Tom has passed away and Mary wants to sell…
The age-old question, “When should I start taking my Social Security Benefits?” is one that has plagued individuals in their late 50s and early 60s for decades. It is a great question that has a frustrating answer – it depends…
Sometimes, you just need access to your IRA account to make ends meet but you have heard about an IRS penalty for early withdrawal. Are there any exceptions? A person can make early withdrawals from their IRA without paying a…
Vincent J. Russo and Victoria Roberts Drogin are proud to announce the premiere of the Sixth Season of their Telly Award winning show, Family Comes First. Family Comes First is dedicated to highlighting the challenges that families face in their daily lives and…
We are proud to announce that Vincent J. Russo has been named on the "New York Metro Super Lawyers" list. In addition, one of our associates, Kim N. Christian has been named a "Rising Star". The Super Lawyers website notes…