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Irrevocable or Revocable: Which Trust Is Right For You?
As published in Long Island Press, longislandpress.com and danspapers.com All trusts are not created equally; there are many different types used for a variety of purposes. Two common types of trusts in estate and asset protection planning are revocable and irrevocable trusts. A revocable trust is a trust where you, the trust creator, reserve the […]
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Suozzi’s WISH Act a Good Start; More is Needed
Opinion by Jennifer B. Cona, Esq. as published in Long Island Business News U.S. Rep Tom Suozzi (D-Glen Cove) introduced federal legislation last week that provides for the creation of a federal long-term care insurance trust fund to help pay for our aging population’s long term health care needs at home. This is smart policy […]
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Covid Wake-up Call: Young Families Realize the Importance of Estate Planning
Published in The Long Island Press, on longislandpress.com and danspapers.com Jill’s husband Rob fell critically ill with Covid and was on a ventilator. They did not have wills, and by the time they sought to have a will drafted for Rob, he passed away before it was signed. The laws of intestacy controlled the distribution […]
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Gurwin Healthcare System’s 33rd Annual Leonard Ugelow Memorial Gurwin Classic
Founder and Managing Partner Jennifer Cona is serving on the Gurwin Healthcare System golf committee for the 33rd Annual Leonard Ugelow Memorial Gurwin Classic, “It gives me great pride to support my friends at Gurwin – innovators and leaders in the field of senior health care.” Monday, August 23, 2021The Glen Head Country Club Breakfast, […]
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PRUCOL: Qualifying Residents Without Legal Immigration Status for Institutional Medicaid Benefits
Healthcare facilities are often unaware until a resident enters its doors that the individual may have a problematic immigration status that can affect their institutional Medicaid eligibility. Luckily, by filing an application to resolve a resident’s immigration status and/or establishing “PRUCOL” status (i.e. “Permanently Residing in the U.S. Under the Color of Law”), a resident […]
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WHO’s WHO: Healthcare Law
Published in Long Island Business News Special Section June 2021 Jennifer B. Cona is the founder and managing partner of Cona Elder Law PLLC in Melville. In practice for more than two de-cades, Cona Elder Law offers unsurpassed advocacy in health-care reimbursement and recovery, elder law, litigation and col-lections. Representing over 200 skilled nursing facilities, […]
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The New Power of Attorney: What You Need to Know for June 13th
As published on Longisland.com and Danspapers.com As we reflect on the lessons learned during the pandemic, one thing is certain: the unexpected and unthinkable can happen to any one of us at any time. Peopleof all ages are rushing to get their estate planning affairs in order. A Power of Attorney is a critical legal […]
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Jennifer Cona Recognized in 2021 Most Powerful Women on Long Island
Long Island’s Most Powerful Women are Profiled on How Their Influence has Greatly Impacted the Long Island Community in a Profound Way Jennifer B. Cona is the founder and managing partner of Cona Elder Law PLLC, an award-winning Elder Law, Trusts and Estates and Health Care law firm in Melville. She is among Long Island’s […]
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Estate Planning for Your Pets: Arranging for the Care of Your Beloved Pets After Your Become Incapacitated or Pass
Like countless pet owners, you may be deeply concerned about the welfare of your pets after you pass away or distressed about your pet’s care should you become incapacitated or require care in a healthcare facility. Like your other loved ones, you can provide for your pets with proper estate planning. Pet Trusts A Pet […]
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Effective June 13, 2021, the Power of Attorney you sign must be this new legal document
WHAT YOU NEED TO KNOW Changes to the Power of Attorney document: The Statutory Gifts Rider has been eliminated Gifting will now be permitted by your Agent up to $5,000 Two witnesses and a notary are required to execute the Power of Attorney; the notary can be one of the witnesses Third parties, such as […]
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