Medicare recipients who reside in New York should keep an eye out for their new Medicare card. In an effort to prevent fraud, and fight identity theft, the federal government is issuing new Medicare cards to all Medicare beneficiaries that…
As Elder Law attorneys we are keenly aware of the many serious issues that impact the senior citizen population. We take great pride in being advocates for our senior clients and strive to educate our clients and the general population…
The mortgage interest deduction allows taxpayers who own their homes to reduce their taxable income by the amount of interest paid on a loan that is secured by their principal residence or secondary residence. Starting in 2018 the Mortgage Interest…
A guardianship proceeding can be very expensive, very time consuming, and very emotionally and physically draining—for the person who needs a guardian and the family members as well. Why is this? Take a look at the reasons below: You have to file a petition…
As divorce, blended families, and second and third marriages become more common in our society, the questions of how these changing family dynamics will impact our aging population have become more complicated. The issue of divorce becomes especially complicated when…
On October 4, 2017, the U.S. Department of the Treasury announced that it is recommending the complete withdrawal of the proposed regulations under Section 2704 of the Internal Revenue Code, which would have placed restrictions on liquidation of an interest…
Our partners Vincent J. Russo and Marie Elena Puma have once again been named “Super Lawyers” on the “New York Metro Super Lawyers” list. This is Vincent’s 11th year being recognized as a Super Lawyer and Marie Elena’s 2nd year receiving…
Often we are asked by our clients to differentiate between “per stirpes" and “per capita”. For this blog post, we would like to revisit a blog that explains the difference between the two: You may have heard or read the…
If you are a trustee of a trust or an executor of an estate that owns real property, you may need to sell the real property throughout the course of the administration of the trust or estate. Before you move…
An ancillary estate proceeding is a secondary proceeding to appoint an estate representative, in a state other than the initial “home state.” The home state is the state where the decedent was domiciled and where the initial probate or administration…