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Category Archives for Long Island Press

What is a No Contest Clause in a Will?

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Sue and John have three children.  Although once a close family, they have been estranged from their son, Tim, for the past ten years because of a deteriorating relationship with Tim’s wife, to the point that Sue and John aren’t even able to see their grandchildren anymore.  Sue and John were so hurt that when […]

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New Retirement Plan Laws: What You Need to Know

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In late December, the SECURE 2.0 Act was signed into law which continues the overhaul of the nation’s retirement system that began in 2019. There are several notable provisions which may affect you. Here are some of the highlights that you need to know: Increase in Age for Required Minimum Distribution Beginning in 2023, you […]

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Can You Trust Your Trust?

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Published in the Long Island Press, longislandpress.com, and danspapers.com. There are many kinds of trusts, each with a different purpose, such as asset protection, minimizing estate taxes, and avoiding probate. If your objective is asset protection and Medicaid planning, it is imperative that you have your trust reviewed by an elder law attorney to ensure […]

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Health Care Proxy: A Must for College Age Children

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As published in the Long Island Press, on longislandpress.com and danspapers.com Imagine this scenario: You are the parent of a college student. Your telephone rings one evening and on the other end is your child’s roommate telling you that your child was just rushed to the emergency room. You call the hospital for information and identify […]

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Person signing their will

What is the Difference Between a Will and Living Will?

Legal terms and legal document names can often be confusing. You might think that a Will and a Living Will, both having “Will” in the name, would be similar, but they are quite different. Understanding the difference between them illustrates the importance of having a comprehensive set of estate planning documents in place. What is […]

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Medicaid Home Care Coordination Services

As published in the Long Island Press, on longislandpress.com and danspapers.com Alice needed a home health care aide for some time before she finally allowed her daughter Susan to take charge. Susan spent months securing all the financial documentation to prove her mother’s financial eligibility for Medicaid benefits. What a relief to receive that acceptance […]

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Spring Cleaning: Time to Review Your Estate Plan

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As published in the Long Island Press, on longislandpress.com and danspapers.com. Spring is a great time to review your estate plan. Here is a checklist to help you review your estate planning documents. Check the Last Time You Updated Your Estate Plan An estate plan should be periodically reviewed to make sure it is up […]

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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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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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