New York Estate Planning, Probate, and Real Estate Lawyer

Four northeastern democratic states have sued the Trump administration claiming the new federal cap on the $10,000 cap on local and state taxes is unfair and unconstitutional. New York, New Jersey, Maryland an Connecticut say the new tax overhaul has upended 150 years of precedent and that the deductions are essential to prevent the feds…

More people are more rich than at any time in our history. The number of 1 percenters has exploded over the last twenty years. But how much money do you need to have to be considered rich? Bloomberg News has given us an answer: $25 million. And that’s basically “welfare” rich According to Bloomberg, the…

Although the Tax Cuts and Jobs Act didn’t affect your 2017 tax return, it will impact your 2019 returns. Here is a handy 2018 tax calculator provided by H&R Block to give you an idea of how your tax liability will change in 2019. Until then you will only notice changes in your paychecks until…

The so-called baby boomers are the wealthiest generation in American history an in the next few decades they will be transferring that wealth It’s called the great wealth transfer. Now whether all that wealth gets transferred or not is how well boomers manage and save that money. Hanging on to your money The first thing…

The old saying goes, “Everyone hates lawyers until they need one.” This bit of wisdom was borne out in a 2013 Pew study that found only 18% of those surveyed had a favorable opinion of lawyers. On the other hand, those who have a need for a lawyer have different opinions. 61% of those said…

We’ve all had the fantasy. We hit the numbers big time in the lottery. Now we’re all set for life, financially. Now of course the chances of hitting it big in the lottery are infinitesimal, but what if you come into a large sum of money through an inheritance or other means? When we see…

Even if you think you have your estate issues all planned out, quite often there are things you might have accidentally left out. We came up with five common mistakes that many people make, even the most conscientious planners can make. Beneficiaries So, ten tears ago you added your first born son as a beneficiary…

You’ve seen the commercials with Robert Wagner extolling the wonders of a reverse mortgage. Is he trying to sell you a bill of goods? Is a reverse mortgage worth it? That depends. What Exactly Is a Reverse Mortgage? Reverse mortgages are available to homeowners who are 62 and older. To be eligible, you must live…

Even though strokes are the leading cause of preventable deaths, very few people know much about them. So, the American Stroke Association has published a list of things you didn’t know about strokes for its 20th anniversary. Here are the top 10. There are three different types of strokes: Ischemic, Hemorrhagic, and TIA (Transient Ischemic…

According to a Human Rights Watch report, nursing homes are doping tens of thousands residents with anti-psychotic drugs that don’t have diagnoses that require them. Not only that they are doing it without the patients’ consent. In the report called, “They Want Docile,” the group claims 179,000 residents of long-term nursing homes across the country…