Estate Tax for Same Sex Couples in New York
The Marriage Equality Act passed on June 24, 2011 has legal implications and benefits not only for health insurance benefits from employers but also for New York estate and income ...
Federal Laws in Conflict with New York’s Same Sex Marriage Law
A federal law referred to as the Defense of Marriage Act (DOMA) states that under all federal laws, the word “marriage” refers to a legal union only between one man ...
Power of Attorney Following Divorce
Power of Attorney Authorizes Control of Finances A power of attorney authorizes a third party to act on behalf of the principal. A typical power of attorney allows the attorney-in-fact ...
Marriage Equality Act and Prenuptial Agreements in New York
The new Marriage Equality Act in New York guarantees that all married couples are entitled to the same rights under the law regardless of whether the marriage is between a ...
Same Sex Marriage in New York Impacts Estate Planning
New York’s Marriage Equality Act went into effect on July 24, 2011 which legalized same-sex marriage. In addition to New York, six states (Connecticut, Massachusetts, Vermont, New Hampshire, and Iowa) ...
Making Changes when You Have an Empty Nest
Millions of college students headed off to school this fall and left their parents with empty nests. After the shock starts to wear off, and while parents are waiting for ...
Baby Boomers Caring for Aging Parents
More and more adult children are caring for their aging parents. Sometimes adult children move their parents into their own homes in order to provide constant care and sometimes they ...
Protecting Loved Ones from Fraud
Last month a man from Sarasota Florida was arrested for swindling $600,000.00 from an elderly woman who had taken him in as her roommate years earlier. Anita Seidel met the ...
You Have Power of Attorney-Now What?
When someone else assigns power of attorney to you, you become the “attorney-in-fact”. You are held to the highest level of duty to protect the account holder’s funds, to avoid ...
Elder Financial Abuse is on the Rise
According to the 2011 MetLife Study of Elder Financial Abuse, victims lose an estimated $2.9 billion dollars annually, up 12% from $2.6 billion in 2008. While strangers are responsible for ...