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 in the taxpayer’s Estate at death, will go to the new owner with “carryover basis” as
As families grow older, legal and financial decisions often become more complex. From protecting assets and planning long-term care to creating wills and managing Medicaid eligibility, the guidance of an experienced elder lawyer in Queens can make a significant difference. Families today are looking for more than legal paperwork — they want clarity, protection, and
Planning for the future is crucial to ensure your assets are protected and distributed according to your wishes. An Estate Planning Attorney in Queens can help you navigate legal complexities and create a solid plan that safeguards your wealth. Here are six essential estate planning strategies to consider: Establish a Comprehensive Will A will is the foundation
When life gets busy with careers, families, and everything in between, estate planning often falls to the bottom of the to-do list. But here’s the truth: it shouldn’t. If you own property, have loved ones, or simply want your wishes respected, working with an Estate Planning Lawyer in Queens is one of the smartest moves
Introduction Let’s face it—no one really wants to think about what happens after they’re gone. But estate planning isn’t just about death. It’s about life, too. It’s about protecting your loved ones, your home, your business, and your peace of mind. If you’re in Roslyn, NY, having an experienced Estate Planning Attorney by your side
Introduction Why Estate Planning Matters More Than You Think Estate planning isn’t just for the ultra-wealthy or retirees—it’s essential for anyone who wants control over what happens to their assets, family, and legacy. Without a proper estate plan, your loved ones could be left navigating a legal and financial mess at one of the most
Introduction to Estate Planning What Is Estate Planning and Why Is It Important? Estate planning isn’t just for the wealthy—it’s for anyone who wants peace of mind knowing their loved ones will be cared for, and their wishes respected. Simply put, estate planning is the process of arranging for the management and distribution of your
Understanding Elder Law What Is Elder Law and Why It Matters Elder law is more than just a niche area of legal practice—it’s a lifeline for aging adults and their families. As we grow older, we face unique legal challenges that younger adults often never consider. That’s where elder law steps in. It’s a specialized
Ensuring Your Furry Loved Ones’ Future: 70 Percent of Americans count Furry Family members as part of the household. Our pets provide companionship, joy, and unconditional love. As responsible pet owners, we strive to ensure their well-being in every aspect of their lives. However, against the backdrop of optimized nutrition, Vet care and grooming, one
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
Our next workshop is 6/17 at 2pm. Join us to discuss strategies to grow your wealth and influence as part of a Post-Covid life reset. Join our mailing list to receive sign up instructions prior to the event.