A Final Retirement Account Distribution Must Still Be Made After Death

By Susan P. Bakalar, Esq. and Raymond A. Piccin, Esq. Federal law requires that beginning on April 1 of the year after you reach age 70 1/2, you must begin withdrawing a minimum amount from your non-Roth individual retirement account (IRA) …

Drafting a Power of Attorney that Lessens the Chances of Abuse

By Susan P. Bakalar, Esq. and Raymond A. Piccin, Esq. A power of attorney is one of the most important estate planning documents you can create, but it is also one that can be misused.  While it isn’t possible to …

Costs of New Long-Term Care Insurance Policies Vary Considerably

By Susan P. Bakalar, Esq. and Raymond A. Piccin, Esq. We’ve all heard the advice “It pays to shop around,” but this has never been more true than with the current market for long-term care insurance. Accordiing to the the latest …

Choosing the Right Power of Attorney

By using a power of attorney, it allows you to appoint an individual who you trust to act as your agent or “attorney-in-fact.” In most cases, it is used so that they have the ability to handle financial matters if …