About Ann-Margaret Carrozza

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So far Ann-Margaret Carrozza has created 32 blog entries.

Golden Bachelor’s Gerry Turner and Theresa Nist Announce Divorce

Gerry and Theresa are the lates example of a trend called “Gray Divorce”.  According to the Pew Research Center, the divorce rate for people over 50 has doubled since the 1990s. Reports are that the couple had a PreNup.  This is especially important in a second marriage situation.  What types of things should go into

April is Financial Awareness Month

Most financial advice focuses on investing. However, without some legal protections in place, our finances can be decimated! Here are a few tips to keep your money where it belongs: 1. It doesn’t matter how much we earn and save, if we can lose everything to legal liabilities. When the economy is wobbly, frivolous lawsuits

October is National Estate Planning Month

October is National Estate Planning Month.  Think this only applies to the wealthy?  Think again!  You need Estate Planning if: You have minor children.  Without a plan in place, a stranger will decide who raises your child. You are among the 68% of Americans with a pet. A good Estate Plan will ensure that your

Revenue Rule 2023

Revenue Rule 2023 Don’t Let Overzealous Tax Planning Trigger New Taxes! My phone has been ringing off the hook-(ask someone over 50 to translate). The calls-and emails, are in response to recent IRS Revenue Ruling 2023-2. The ruling states that assets transferred into an irrevocable trust, which are not includible

Second Marriage and Your Estate Plan

Second Marriage and Your Estate Plan Love may be lovelier, but it is a whole lot more complicated, the second (or third…) time around. For one thing, we tend to be older.  This means we have fewer working years ahead, within which to recover from a financially devastating break-up.  I

Elder Lawyer In Queens NY

Do You Need An Elder Lawyer In Queens NY When dealing with the complex issues that come with aging and planning for the future, it can be challenging to know where to turn. This is especially true if you are unfamiliar with what an elder law lawyer does, how and

Estate Planning Attorney In Queens NY

How Can An Estate Planning Attorney In Queens NY Help You Estate planning is a complicated process that can be daunting to plan for. In addition to making sure your loved ones are taken care of, you also need to make sure that your estate is managed correctly after you

Don’t disinherit your furry family members!

Don’t disinherit your furry family members! 70% of us have pets. Why then, do less than 5% have legal protections in place to ensure a smooth transition in the event of death, illness or divorce? Take a minute to develop a short and long term plan for your pets as

Rethinking Life Estates

What is a Life Estate and Why Should we Avoid Them? I hope it is a given, that we should not own real estate in our individual names. Some thoughtful legal planning will enable our beneficiaries to avoid probate and protect the value of the home from Taxes, Long Term