There is no doubt that contemplating our own death is one of life's greatest challenges. Yet it is crucial to think carefully about the medical treatment we would want at the end of life. Medical technology can now keep us…
In order to leave a legacy for future generations, you may have invested years in developing and protecting your legacy. But have you thought about the impact it will have on family members who are in different stages of life…
If you haven't decided on your 2023 New Year's resolutions yet, Russo Law Group has a few suggestions: This year, I am going to update my Last Will and Testament to provide more security for my family. This year, I…
Regardless of orientation, anyone can benefit from estate planning because it provides protection for loved ones. In the LGBTQIA+ community, estate planning can legally protect against discrimination even if others are reluctant to recognize your relationship and your desire to…
An annual survey conducted by Caring.com indicates that the number of Americans who have a will has only increased by 2.5 percent over the previous year. Overall, the percentage of those with a will continues to decline, 33 percent in…
A charitable trust is an irrevocable trust that can benefit you and the charity you choose, while providing income to your heirs. If you are philanthropically minded with nonessential assets like stocks or real estate, a charitable trust can offer…
SOCIAL SECURITY 2023 UPDATE SSI FOR NYS RESIDENTS Individual $1,001/month Couple $1,475/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $160,200 QUARTER OF COVERAGE Earnings Required $1,640/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,470 Blind $2,460…
Imagine your estate plan is created and ready to go. You are protecting your home, investments, and savings, ensuring that your family gets your valuable items fairly and efficiently. You’ve also preserved your legacy from your children’s potential divorces or…
When discussing estate planning and Medicaid planning, the phrase “life estate” is sometimes mentioned, but what does it mean? A life estate is a form of joint ownership of a property that allows one person to remain in the home…
A living will, also known as an advance health care directive, is a legal document that stipulates what actions you would like medical professionals to take if you become incapable of making decisions. A living will is crucial for all…