by admin | Mar 13, 2024 | Estate Plan, Estate Planning
SETAUKET, NEW YORK — In 2017, then-President Donald J. Trump enacted the Tax Cuts and Jobs Act of 2017. As part of this legislative package, single high-net-worth individuals were able to exempt the first $13 million from their taxes and couples could do the same at...
by admin | Mar 11, 2024 | Estate Planning
When people hear the phrase “estate plan,” they may tend to think of it as being synonymous with simply writing a Last Will and Testament. However, if you rely on your Will alone for your estate plan, you could miss out on several important steps you should take to...
by admin | Nov 1, 2023 | Estate Planning, Guardianship
Taking care of a loved one with special needs can be difficult at the best of times, but it can be even more difficult if you do not have the legal tools in place to handle their personal needs. Fortunately, you can obtain a special needs guardianship for your loved...
by admin | Oct 11, 2023 | Estate Planning
It can be difficult caring for a loved one with special needs, even at the best of times, but it can become even more difficult if you are not prepared for the possibility that you will not be there to care for them forever. Thankfully, there are tools, such as the...
by admin | Jun 1, 2023 | Estate Planning, Trusts
A living trust, also known as an inter vivos trust, is a potentially useful tool for estate planning that many people do not know about. In some cases, it can help to protect your estate from liability, and reduce the risk of problems when you pass away and your...
by admin | Apr 27, 2023 | Estate Planning
A healthcare proxy is an essential component of any estate plan, especially for people who have chronic health issues. However, even if you have a healthcare proxy, it may not be as useful as you might want if you have not updated it in a long time. But why might you...
Recent Comments