New 2021 Power of Attorney (POA) Effective June 13, 2021
New Power of Attorney Form Required in New York Effective June 13, 2021
On December 15, 2020, Governor Cuomo signed into law changes to the New York Power of Attorney (“POA”) law, which will took effect on June 13, 2021. A new POA form must be used as of that date. However, POA’s that were executed prior to June 13, 2021 in accordance with the then applicable law, will not be impacted and the agency granted may continued to be relied upon. All POA’s drafted or executed after June 13, must “substantially conform” to the new POA law. Continue reading “New 2021 Power of Attorney (POA) Effective June 13, 2021”
Elective Share vs. Intestacy – Spousal Inheritance Rights in New York
Estate Planning with Cryptocurrency
March 17, 2021
Estate Planning with Bitcoin and other Cryptocurrencies
By now, most of us are aware of how popular and potentially lucrative the uber volatile cryptocurrency (“crypto”) investment is. Clients are increasingly invested in various forms of crypto -they have them in cold wallets, warm wallets and hot wallets. Continue reading “Estate Planning with Cryptocurrency”
Do you have to pay a tax upon making a gift? Gift tax law explained
A Joint Owner Can’t Access Your Safe Deposit Box When you Die
Astronomical Hospital and Nursing Home Bills – What Will You Do to Protect Your Assets?
What is a Healthcare Proxy?
If you have a bank account, this is a great estate planning tip
2021 Medicaid Planning Update
2021 MEDICAID UPDATE
Medicaid Planning – Will You Be Able To Afford Healthcare When You Retire?
While vast numbers of middle class American retirees continue to legally qualify for Medicaid, most of us tend to think (incorrectly!) that if we are homeowners or make a decent living, we will not be eligible for Medicaid upon retirement. This article serves to dispel that myth and provide a basic understanding of the legal framework surrounding Medicaid Planning. Continue reading “2021 Medicaid Planning Update”