The passage of the One Big Beautiful Bill Act in July 2025 permanently increased the federal estate and gift tax (FEGT) exemption to $15M per person beginning on January 1, […] Read more »
With the holidays around the corner, now is a prime time to consider whether gifting makes sense for you, and if so, to whom said gifts should be made and […] Read more »
When it comes to estate planning (EP), the focus is often on the Last Will and Testament. Yet, one could easily argue the Power of Attorney (POA) is just as […] Read more »
The Tax Cuts and Jobs Act (TCJA), which was signed into law by President Trump in 2018, increased the federal estate and gift tax (FEGT) exemption amount from $5 million […] Read more »
When work slows down, the kids are away at camp, and those long hazy lazy days of summer set in, it’s the perfect time to revisit your estate plan. In […] Read more »
It is a misconception that a sizeable retirement plan, such as an IRA, 401K, or 403B, prevents one from qualifying for Medicaid. Luckily, in New York State, this is not […] Read more »
Love can bloom even in your golden years! Whether you’re tying the knot for the first time or giving it a second (or third) go-round, below are some long-term care […] Read more »
It is understandable to want to maintain the privacy of your estate plan and finances. Yet, failing to disclose this crucial information to your loved ones before you become ill, […] Read more »
In their journey through the golden years, many seniors find themselves in a gray area where they are past the point of living safely and independently in their homes, but […] Read more »
In order to financially qualify for home care Medicaid (HCMA) or nursing home Medicaid (NHMA) in New York State, one’s liquid non-retirement assets must total below $31,175 for a single […] Read more »
