Georgia G. Crinnin, Kimberly N. Rothman
September 13, 2021
On June 13, 2021, a new version of the New York Statutory Short Form Power of Attorney went into effect. Powers of Attorney signed before this date that complied with the earlier law continue to be valid. However, any Power of Attorney signed after June 13th must comply with the new requirements, as outlined below.
Read More »Aaron D. Frishman
March 31, 2020
In response to the COVID-19 health crisis, the New York State Department of Health issued statewide directives on March 21, 2020 to counties across the state as to how they should be addressing certain situations specifically with respect to Medicaid eligibility and enrollment. To be more specific, the Department of Health issued guidance in the
Read More »Aaron D. Frishman
December 21, 2016
On Tuesday, December 13, 2016, President Obama signed H.R. 34, named the 21st Century Cures Act, into law. Embedded in this legislation is the culmination of many years of work by Elder Law attorneys across the country to effectively amend the federal statute allowing for the establishment of self-settled special needs trusts for disabled individuals
Read More »David A. Holstein
August 10, 2016
The U.S. Treasury recently issued proposed regulations under Section 2704 of the Internal Revenue Code that severely limit the use of valuation discounts for transfers of limited liability company ("LLC"), partnership and corporate ownership interests among family members. If finalized as proposed, the regulations will negatively impact popular estate planning strategies, such as the gifting
Read More »Steve Paquette
Starting a new life often means making changes to important planning documents. What made sense for a couple fully invested in a marriage may not make sense during the divorcing process, or after the divorce is finalized. In litigated matters, Restraining Orders may prevent some changes during the process, but others are allowed. After divorce, you are
Read More »Aidan Mitchell-Eaton, Julia J. Martin, Sharon A. McAuliffe, Virginia A. Hoveman, Laurence G. Bousquet, David A. Holstein, Emilee K. Lawson Hatch, Christine Woodcock Dettor
June 24, 2014
Effective April 1, 2014, New York's rules have changed for estate and gift tax. We have summarized the changes and their potential impact on your estate plan. Click on the document link above to review our full report.
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