With our unwelcome free time and laser focus on health, this is probably a good time to review and possibly update our Health Care Advance Directives. We should reconsider who we want to make treatment decisions in a hospital setting, in the event that we are unable to speak for ourselves.
Our office team getting ready to surprise our hospitalized heroes. Seated L to R; Office Manager, Mary Aumueller, Managing Partner, Debra Kruper, Legal Assistant, Stacey Ryen, Paralegal, Lisa Scalice, Attorney, Maureen Wynne, Kneeling L to R, Administrative Assistant, Nicole Powell, and Attorney, Christina Sammartino.
Welcome To The Law Offices of Ann-Margaret Carrozza
Today, personal wealth is threatened by countless potential liabilities. Legal protections are vitally important to protect nest eggs from: financially ruinous breakups long term care expenses, estate and capital gains taxes and lawsuits- to name just a few. For more than twenty years, our law firm has provided customized legal services and protections to families and individuals. We specialize in Pre and Post-Nuptial Agreements, Elder Law, Estate Planning, Asset Protection, Estate Administration, Probate, Estate Tax Planning and Medicaid estate recovery. We take great pride in our level of personal attention and compassionate representation. We can accommodate appointments in most areas of New York State and also do home visits for those unable to visit us.
A Simple Will Does Not Minimize Taxes
Under current New York State law, an individual can pass up to $5.85 million to his or her heirs free of transfer taxes. For purposes of determining the transfer (estate) tax, life insurance proceeds, pension plan, and annuity death benefits as well as liquid assets, real estate and securities are counted. Individuals and couples with an estate in excess of $5.85 million may benefit from a variety of trusts which can help minimize any transfer tax liabilities.
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