Financial Planning, Inheritance Trusts Leaving an IRA to a Trust An IRA may not be transferred to a trust without causing the whole IRA to be taxed. The “I” in … October 10, 2024 4 MIN READ
Elder Law, Medicaid Planning Elder Law Estate Planning Misconceptions One of the most common and devastating misconceptions about elder law estate planning is that it is too late to … September 27, 2024 2 MIN READ
Newspaper Column Taking Back Control with a Living Trust In the fall of 1990, some thirty-four years ago, your writer first heard of the proposition that if you set … August 23, 2024 2 MIN READ
Estate Planning, Living Trusts, Second Marriage Planning Second Marriage Planning In second marriage planning a co-trustee is sometimes recommended on the death of the first spouse. While both spouses are … July 12, 2024 3 MIN READ
Aging, Senior Health Care Book Review: “SuperAging” by David Cravit and LarryWolf Subtitled “Getting Older Without Getting Old” this new book starts with the premise “…imagine bringing a whole lifetime of knowledge … June 26, 2024 2 MIN READ
Irrevocable Trust Medicaid Asset Protection Trust (MAPT) v. Life Estate Deed Clients often ask whether the home should be deeded to the client’s adult children while retaining a life estate in … May 3, 2024 2 MIN READ
Medicaid Eligibility, Medicaid Planning Spousal Refusal – Just Say No Spousal refusal is a legally valid Medicaid planning option in New York. By way of background certain income and assets … April 12, 2024 2 MIN READ
Estate Planning, Healthcare Decisions Health Care Decision-Making For health care decision-making when a doctor determines you are unable to make medical decisions for yourself New York has … March 22, 2024 3 MIN READ
Estate Planning, Power of Attorney, Wills Planning for Those You Are Responsible For A client came in to see us for their follow-up consultation. The client shared that in between their two meetings … March 15, 2024 2 MIN READ
Asset Protection, Irrevocable Trust, Medicaid Asset Protection Trust, Trusts Asset Protection is Inheritance Protection Two overriding questions govern your choices in an elder law estate plan. First what will happen to your assets when … September 8, 2023 2 MIN READ
Asset Protection, Estate Administration, Estate Planning Important Estate Planning Steps to Take after a Parent’s Death Losing a parent is not easy. While being prepared for the event might not make the emotional aspect any easier … November 15, 2019 2 MIN READ
Trusts Company Claims to Sell Social Security Numbers Maintaining your Social Security number is something we have all been told to keep close and to be wary of … December 21, 2016 2 MIN READ
