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Funding an Irrevocable Trust
You signed a trust document with your attorney. So are you done? No! You must now take the critical step of funding your trust. Eight out of ten people with existing […]
Continue readingTax Tips for Seniors: How to Avoid Costly Mistakes
As the April 15 deadline approaches, following the IRS rules for gifting, transfers to trusts, IRAs, etc. is important but may have serious unintended consequences should you need long term […]
Continue readingTax-Saving AB Trusts
Couples can save a bundle on estate taxes with this kind of trust. First, the good news: Most people don’t need to think about federal estate tax, which kicks in only […]
Continue readingSusan C. Snowe Caregiver Resource Center: Elder Law Attorney Open House
Elder Law Attorney Open House Hours:Tuesdays from 3:00 PM – 5:30 PM The Susan C. Snowe Caregiver Resource Center provides a clearinghouse for information on nearly all issues faced by seniors and […]
Continue readingThe ABLE Act: Savings Accounts for the Disabled
The ABLE Act (Achieving a Better Life Experience Act) is a new federal law designed to give individuals with disabilities access to savings accounts without disrupting their eligibility for government […]
Continue readingMedicare Coverage for Rehab or Nursing Home: Watch Out for the 3-Day Hospital Stay
It is commonly understood that if an individual is transferred from a hospital directly to a nursing home or rehabilitation center, s/he will be entitled to Medicare coverage for a […]
Continue readingMedicaid Planning Through Trusts Has Become More Attractive
By Paul Hyl, EsqThe Deficit Reduction Act of 2005 (“DRA”) was not all bad news for our clients. Sure there’s the extended look-back period, the delayed running of the penalty […]
Continue readingMedicaid and Real Property: Don’t Let This Happen to You
When engaging in Medicaid planning and applying for Medicaid benefits, the old saying is true: you get what you pay for. Although it may be tempting to utilize the lower-cost […]
Continue readingMarried Couples: Who Owns What?
Be sure you know what property is yours to leave or give away. Married couples usually own lots, if not all, of their valuable property together. If you want to leave […]
Continue readingMario Mattessich: Adored father of Cona Elder Law’s Bonnie Mattessich
By Bonnie MattessichI am walking in loving memory of my father, Mario Mattessich. I will be working on September 21 for American Heart Association at Jones Beach to raise […]
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