How Medicare Advantage Stacks Up Against Original Medicare

When making any important decision, it is wise to weigh the pros and cons of all available options. For Medicare, that means comparing Medicare Advantage with “Original Medicare”.
Medicare Advantage, or Medicare Part C, is an alternative to Original Medicare, which is the traditional Continue reading

How to Plan for Estate Tax Changes

Recently, the federal estate tax has been popping up in headlines. While not usually subject to such buzz, the federal estate tax can have important implications for many Americans. Did you know that there are proposed changes that would significantly reduce the federal estate Continue reading

Retirement Tips If the Capital Gains Tax Changes

An important part of responsible retirement planning is taking into consideration the impact taxation may have on your retirement resources. Without proper planning, taxes can eat up a big chunk of retirement savings you may have been counting on to support yourself through your Continue reading

3 Key Reasons Why Single Parents Need to Update Their Estate Plan When They Move to a New State

Are you a single parent? If so, estate planning may be twice as important as it is for married couples. You want to make sure that your child will be cared for no matter what. You also want to make sure that your child will be cared for no matter where you live, but this is especially Continue reading

Understanding the Home Sale Tax Exclusion

Are you considering selling your home? If so, it can be important to understand the home sale tax exclusion so you can take steps to help make sure you qualify for the tax benefit, even if it means adjusting your plans by a few months. The amount of the exclusion differs if you Continue reading

Estate Planning Tips When You Near the Tax Limits

Did you know that the estate tax exemption, currently set at $11.7 million for singles and $23.4 million for married couples, is set to expire in 2026? The current administration, however, has signaled a desire to reduce the exemption, though no one knows exactly when that might Continue reading

What You Need to Know About New York’s New Power of Attorney Law

Did you know that, on June 13, 2021, the New York Statutory Short Form Power of Attorney (POA) goes into effect? The new law brings significant changes to New York’s requirements for how to validly execute a POA as well as to the POA form itself. 

While a POA validly executed prior Continue reading

Why You Need an Elder Law Attorney in Addition to an Estate Planning Attorney

Do estate planning attorneys and elder law attorneys practice the same type of law? Estate planning typically involves end of life planning for the disposition of assets. Thus, many people are under the assumption that elder law, because it addresses people in the later years of Continue reading