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Cona Elder Law Awards Amelia Larkin, East Setauket, As LI Middle School Winner of Veterans Red Write and Blue Essay Contest
Amelia Larkin, a 13 year old East Setauket resident and student at Murphy Junior High School, recently won the annual Red Write and Blue Veterans essay contest sponsored by Cona […]
Continue readingVeteran’s Benefits: Programs and Payments
Many veterans don’t realize that they may be eligible for additional benefits from the Veterans Administration. The Veterans Administration offers many types of benefits, from service connected benefits to low-income […]
Continue readingUsing Life Insurance to Provide for Your Kids
Life insurance may be a good source of income for your children if you die. Here’s what you should know. At some time or other, all parents worry about what will […]
Continue readingTransferring Your Life Insurance Policy Could Save Taxes
Lower your beneficiaries’ estate taxes by not owning your life insurance policy First things first: You don’t have to read this article unless yourestate is likely to owe federal estate taxes […]
Continue readingTop Myths About Retirement Plans
by Twila Slesnick Test your knowledge to see how much you know about taking your money out. 1. You cannot take money out of your 401(k) plan until you retire. The general […]
Continue readingFunding 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 […]
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