Cona Elder Law

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Retirement Savings and Required Minimum Distributions: A Review of the Rules

Retirement savings are critical for all of us but so is following the strict laws and rules when taking distributions. Unfortunately, these rules have been changing practically every year, making what was plain old vanilla annual withdrawals now an adventure not for the faint of heart. So let’s check in and review the current rules […]

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New York Proposes to Eliminate the Medicaid Resource Test in 2023

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The proposed FY 2023 Executive Budget seeks to eliminate the resource test and raise the income cap for seniors and individuals with disabilities to 138% of the Federal Poverty Level in order to align with MAGI income. Should this portion of the budget pass, and at this point there’s no reason to believe that it […]

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National Healthcare Decisions Day: Do You Have Advance Directives?

As published in the Long Island Press, longislandpress.com, and danspapers.com A person with capacity can communicate their wishes to medical professionals regarding their health care decisions, but what happens if you are unable to do so? A Health Care Proxy and Living Will permit individuals to engage in advance medical care planning and are critical in the event of […]

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Non-probate Assets: Are Your Beneficiary Designations Up to Date?

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As published in the Long Island Press, longislandpress.com, and danspapers.com Up-to-date beneficiary designations are an important part of maintaining the health of your overall estate plan. When naming a beneficiary to an account, such as life insurance, retirement plans, annuities, accounts POD (payable on death), or TOD (transfer on death), such assets will pass outside of […]

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Main Street Code

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Senior Associate Cheryl L. Katz Erato spoke with Neil Himmelstein on Main Street Code, 103.9FM Long Island News Radio.      

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Back to Business

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Senior Associate Cheryl L. Katz Erato spoke with David Levenstein and Neil Himmelstein on Back to Business, 103.9FM Long Island News Radio.

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Asset Protection Planning: Preserving Your Assets and Protecting Your Family

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As Published in Long Island Press, longislandpress.com and danspapers.com If you’re like most people, you worked hard all your life, raised a family, and provided a leg-up for your children. But now that you need care, the cost is going to wipe out your family’s assets in short order. Your spouse will be left scraping […]

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Cheryl L. Katz-Erato Selected by State Bar to Chair Important Programs

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Cheryl L. Katz-Erato, a Senior Associate at the Melville-based law firm Cona Elder Law, was selected by the New York State Bar Association to educate our attorney colleagues throughout the state of New York. Ms. Katz-Erato served as Chair and speaker at a two-day NYSBA Continuing Legal Education (CLE) program entitled “Probate and Administration of […]

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Estate Tax Planning: Gifting to Heirs

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As published in the Long Island Press, on longislandpress.com and danspapers.com As the holiday season is upon us and the tax year is coming to a close, it is a good time to consider making tax-advantaged gifts to your loved ones and heirs. There are many ways to do this, which can fit any budget, […]

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4 Holiday Scams to Look Out for This Season

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‘Tis the season of giving, which means it’s time for online shopping, in-store purchases, giveaway contests and charitable donations. Unfortunately, with every credit card swipe, gift card purchase, social media ad clicked or package delivered, there is a chance of a scam or other fraudulent activity. The newest holiday scams on the rise in New […]

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