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900 South Avenue, Suite 401, Staten Island, New York 10314-3429
8118 13th Avenue, Brooklyn, New York 11228

Recent Blog Posts

Medicaid Planning: Transferring Assets

Getting old and getting sick can place an enormous strain on families. With nursing home costs in New York often exceeding $12,000 a month, many elderly patients who need nursing home care simply cannot afford it. Some turn to their adult children to care for them at home while juggling their work and other family… Read More »

The Truth About Estate Taxes in New York

Dan L. Duncan, a Texas billionaire, described by Forbes as the 74th richest person in the world, died unexpectedly from a brain hemorrhage in 2010. His untimely death generated a number of reports by the media, noting that from an estate taxation perspective, his timing couldn’t have been better. In that year, Congress failed to… Read More »

Does Your Loved One Need a Guardianship?

Petitioning The NY Court For Guardianship Most people are able to manage their lives, jobs, relationships, and property. At times, however, either because of physical or cognitive impairment, or because of the debilitation of age, some are unable to manage. When this happens, the law provides a possible solution in the form of a guardianship…. Read More »

Celebrity Mistakes Teach Us to Protect Our Assets

The lives of the rich and famous proceed in the public eye. Press coverage of their doings is no longer only the province of the tabloids, but also appears in more mainstream magazines, TV news outlets and websites. Most celebrity lives, however, do not provide us lessons for our own lives. In death, however, there… Read More »

Can They Contest My Will?

Estate planning is the only way to exercise some control over our property after we die. A last will and testament is a basic and important tool in almost every estate plan, allowing its author to direct the destination of assets after death. Usually, family members and other beneficiaries under a will accept the directives… Read More »

The Look-Back Period: What it Means for You

Nursing home care is expensive. The median cost of a double-occupancy, semi-private room in New York nursing homes is close to twelve thousand dollars per month. It does not take long for the bills to add up, and soon a person’s life savings disappears, along with the intended inheritance to their children and grandchildren. As… Read More »