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Elder Law & Estate Planning
Limited Visitation is Allowed in Select Nursing Homes and Long-Term Care Facilities
On July 10, 2020, the New York State Department of Health Commissioner announced that nursing homes and long-term care facilities will be allowed limited visitation for facilities that have been without COVID-19 for at least twenty-eight (28) days. Precautions must still be taken. Residents are only allowed no more than two visitors at a time;…
Estate Planning Alternative to the SECURE Act’s 10-Year-Rule
Our team previously provided updates on the SECURE Act, effective January 1, 2020, which eliminated the “Stretch IRA” provisions for anyone other than the surviving spouse. Beneficiaries of inherited IRAs must now withdraw the entire amount from inherited IRAs within 10 years of receiving it. Prior to January 1, 2020, a beneficiary could stretch their…
The Importance of Legal Preparation for Individuals with Dementia
In an ideal world, everyone would have an estate plan in place and legal documents drawn up long before they are ever needed. Despite the best efforts of estate planning attorneys everywhere, this is not always the case. For some people, however, early planning is not just smart but critically important. Individuals with dementia are…
Signs Aging Parents Might Need Help
It is hard to watch parents get older, especially when signs of aging that affect their personality and independence begin to become noticeable. Because it is not always possible for adult children to spend lots of time with their parents it can be easy to miss the little indicators of a beginning problem. Recently, many…
What To Do When You Have Nothing To Do
By Bernard A. Krooks, Esq., Littman Krooks LLP It is quite possible that many of us have plenty of free time on our hands and perhaps are even getting a little bored (after all, how much Netflix can we actually watch!). Here are some ideas on how to pass the time. Some of these things…
A Message to Our Clients and Friends
Dear Client and Friends, We are pleased to announce that we are open for in-person business beginning on Tuesday, June 9th, 2020. At Littman Krooks, the health and safety of our clients and staff is our highest priority. We pride ourselves on exemplary and individualized services to our clients. We understand the paramount importance of these tasks,…
Does Your Loved One Have Capacity To Sign Estate Planning Documents?
By: Bernard A. Krooks, Certified Elder Law Attorney Every day, more than 10,000 Americans reach the age of 65. Unfortunately, quantity of years does not necessarily equate to qualify of life. In fact, the golden years may turn out to be not so golden. As the size of the over-65 population continues to increase, the…
Do You Need A Trust?
By Bernard A. Krooks, Esq., Littman Krooks LLP This is the primary question asked by many of our estate planning clients. So, here are our top 10 reasons to consider a trust (in no particular order). Please keep in mind that there are many different types of trusts and one size does not fit all.…
Estate Planning for Young Families
One thing we’ve learned from this pandemic is it’s never too early to plan ahead. Those with young families may believe they are either too young to engage in estate planning, are unable to afford it or simply do not have the time. Estate planning for young families is essential for a number of reasons.…
SSA urges Benefit Recipients with Dependent Children to Provide Information to the IRS quickly to receive Maximum Benefit
By Arshi Pal, Esq., Littman Krooks LLP The President signed the Stimulus Package on March 27, 2020, which authorized direct payments to individuals and families. It was announced that individuals who filed taxes in 2018 or 2019 did not have to take further steps to receive their stimulus funds. However, the Social Security Administration further…