Estate Planning (Wills and Trusts), Probate/Estate Administration Archives - Cona Elder Law

Category Archives for Estate Planning (Wills and Trusts), Probate/Estate Administration

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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Legislature simplifies the power of attorney process

Published in Long Island Business News by Julianne Mosher Back in December, Gov. Andrew Cuomo signed new legislation, making significant changes to the power of attorney statute. The changes revised, and essentially simplified, the old form and replaced it with one that is easier to understand. But the changes also offer an opportunity for people […]

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Governor Cuomo Protects Seniors and the Disabled with Homeowner’s Tax Benefit: Have You Taken Steps to Protect Your Home?

Governor Cuomo signed an Executive Order today providing homeowner’s tax support for low-income seniors and the disabled, both of whom have been hit particularly hard by the COVID-19 pandemic. The Executive Order eliminates the in-person renewal requirement for property tax exemptions for low-income senior citizens and persons with disabilities. Accordingly, vulnerable seniors and people with […]

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2021 Legislative Changes Simplify the Power of Attorney Process

Governor Cuomo has just signed new legislation that makes significant changes to the power of attorney statute. It introduces a revised and somewhat simplified statutory form to replace the existing form. The most notable change is the removal of the separate statutory gifts rider, which was a significant source of confusion. Instead, the authority to […]

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COVID’s Wakeup Call

By: Julianne Mosher, Long Island Business News It might seem morbid to some, but people are preparing for the worst – just in case. When the COVID-19 pandemic hit New York in mid-March, law firms began to see an increase in clients inquiring about estate planning. To alleviate anxiety and plan for an untimely death, […]

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Remote Estate Planning in the Wake of COVID-19

Published in the New York Law Journal on September 11, 2020 The COVID-19 crisis delivered upheaval to most professions, and estate planning attorneys were not immune. In March 2020, Governor Andrew Cuomo issued a number of executive orders, which, among other things, required those who were not considered “essential” to work remotely rather than from […]

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Probate Process

Let Us Guide You Through the Probate Process

Considering the enormous emotional burden associated with losing a loved one, the New York probate attorneys at Cona Elder Law will help you navigate the complex legal and financial considerations of the probate process. As an Executor, you’ll have several responsibilities and the process can be daunting, confusing, and a bit overwhelming. What is PROBATE? […]

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How COVID-19 has Impacted Your IRA in 2020

How COVID-19 has Impacted Your IRA in 2020

A series of new laws, regulations, and IRS guidance has drastically altered the Individual Retirement Account (IRA) and Required Minimum Distribution (RMD) landscape for 2020. Since IRAs are a core part of any estate plan, it is important to be aware of these changes.   The most important change is that RMDs for 2020 have […]

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What to Do After Your Loved One has Passed

The COVID-19 pandemic has affected many of us with inconceivable hardships, and for some that includes the most unfortunate circumstance; the loss of a loved one. Fortunately, our experienced attorneys are here to help you every step of the way and we recommend the following initial steps: Notify the Social Security Administration and pension providers […]

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Tax Relief

COVID-19 Tax Relief

Due to the Coronavirus pandemic, the federal government has implemented tax and retirement plan relief that may benefit you. Additionally, tax planning remains an important part of preparing your estate plan and these new changes must be considered as you revisit your planning strategies. Estate and Gift Tax Planning  The due date for gift tax […]

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