The Centers for Medicare and Medicaid Services has issued new guidance on whether families can visit loved ones in nursing homes. The guidance allows indoor visitation even when the resident has not been vaccinated.
President Biden’s administration will usher in, two possibilities are that it will propose lowering the estate tax exemption and eliminating the stepped-up basis on death. The first would affect only multi-millionaires, but the second could have an impact on more modest …
Every person should have a legal will that dictates the wishes of the one who wrote the legal document. This document is considered legal and binding after the person dies. Sometimes, others attempt to challenge a will for several different …
When you are in the process of writing your will, you are trying to think about what will be best for your family members in the years ahead. Unfortunately, even if you have carefully considered all the options while completing …
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) …
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 …
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 …
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 …
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