The Art and Science of Computing
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Estate & Elder Law Insights
Read our latest insights on wills, trusts, and long-term care to help you and your family navigate legal choices with confidence.
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New 2021 Power of Attorney (POA) Effective June 13, 2021
New Power of Attorney Form Required in New York Effective June 13, 2021 On December 15, 2020, Governor Cuomo signed into law changes to the New York Power of Attorney (“POA”) law, which will took effect on June 13, 2021. A new POA form must be used as of that date. However, POA’s that were…
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траст без передачи или титула ничего не стоит! — The Importance of Funding a Trust
Траст может быть прекрасно создан и предназначен для защиты ваших активов от кредиторов. Однако, если вы на самом деле не переименуете собственность и не «профинансируете» траст, этот инструмент будет так же полезен, как туалетная бумага …
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Elective Share vs. Intestacy – Spousal Inheritance Rights in New York
There is a different outcome when you try to leave nothing to your spouse in NY versus the default spousal inheritance if you don’t leave a Will
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New York Spousal Elective Share – It’s Not Easy to Disinherit a Spouse
Under New York law, you have the right to 1/3 of your deceased spouse’s property even if the Will says you get nothing. It’s not easy to disinterest a spouse but with good estate planning, including prenuptial agreements it can be achieved. Make sure your estate is planned to avoid unintended consequences even if you…
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Estate Planning with Cryptocurrency
March 17, 2021 Estate Planning with Bitcoin and other Cryptocurrencies By now, most of us are aware of how popular and potentially lucrative the uber volatile cryptocurrency (“crypto”) investment is. Clients are increasingly invested in various forms of crypto -they have them in cold wallets, warm wallets and hot wallets.
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Do you have to pay a tax upon making a gift? Gift tax law explained
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A Joint Owner Can’t Access Your Safe Deposit Box When you Die
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Astronomical Hospital and Nursing Home Bills – What Will You Do to Protect Your Assets?
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What is a Healthcare Proxy?
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ПЛАНИРОВАНИЕ МЕДИКЕЙДА: 2021 Legal Update
ПЛАНИРОВАНИЕ МЕДИКЕЙДА: СМОЖЕТЕ ЛИ ВЫ СЕБЕ ПОЗВОЛИТЬ ОПЛАТУ ЗА МЕДИЦИНСКИЕ УСЛУГИ ВЫЙДЯ НА ПЕНСИЮ? Не смотря на то, что огромное количество Американских пенсионеров среднего класса продолжает иметь право на медикейд, мы обычно думаем (неправильно!), что если мы владеем недвижимым имуществом или хорошо зарабатываем, то мы не имеем право на медикейд после выхода на пенсию.
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If you have a bank account, this is a great estate planning tip
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2021 Medicaid Planning Update
2021 MEDICAID UPDATE Medicaid Planning – Will You Be Able To Afford Healthcare When You Retire? While vast numbers of middle class American retirees continue to legally qualify for Medicaid, most of us tend to think (incorrectly!) that if we are homeowners or make a decent living, we will not be eligible for Medicaid upon…
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What is the Difference Between a Revocable and Irrevocable Trust?
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Creditor Protection Must Be Done Early
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Plan For Homecare Medicaid Before April 1, 2020 to Avoid Waiting for Coverage
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Spousal refusal Medicaid
A quick overview of how a working spouse can keep income and assets and the ailing spouse can get Medicaid.
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Video explaining why you need a Will
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Why You Need a Durable Power of Attorney
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New Medicaid Lookback and Penalty for Home Care Starting October 1, 2020
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COVID & Estate Planning