The pandemic has undoubtedly affected residents of nursing homes. For more than a year now, residents have had very limited visitation which has led to loneliness, depression and cognitive decline. Residents and their families or loved ones have asked for relaxed...
Content By Erika F. Apelis
Retroactive Changes to Tax Policy May Significantly Impact Gift and Inheritance Transfers
In May, the Biden administration released its Green Book containing the President’s policy and revenue proposals. The proposals include many changes, but the most significant includes the loss of a step up in basis and the increase to the capital gains tax. The...
7 Steps For Creating A Long-Distance Caregiving Plan
Many families live apart and rely on travel to visit and maintain relationships. As parents and grandparents age, this distance creates some unique challenges when those loved ones require more care. We work with many families with this dynamic and these strategies...
Estate Planning: What Is the Difference Between a Will and a Trust?
What Is the Difference Between a Will and a Trust? Wealth & Estate Planning Partner Erika Apelis discusses one of the most commonly misunderstood estate planning topics: the difference between a Will and a Trust. As she frequently...
Factoring Cryptocurrency Assets Into Your Estate Plan
As cryptocurrency becomes more mainstream, it is critical to have a plan in place for these assets. More and more frequently, we hear stories of crypto millionaires and billionaires and celebrities endorsing crypto. We also hear stories of individuals with millions or...
Estate Planning Resolutions for 2021
Despite the unpredictability of last year, 2021 may be the best opportunity to finalize or revise your estate plan. Estate planning involves outlining your wishes for your assets and responsibilities in case of incapacity or death. This plan involves anything you own...
Individuals With Medicare Can Now Appeal Observation Status
At the height of the COVID-19 crisis, there was a significant victory for individuals with Medicare as their source of health insurance. In a favorable decision, Judge Michael P. Shea, a federal judge in Connecticut, allowed hospital patients to appeal when an...
Impact of the Georgia Senate Runoff Elections
The eyes of the political world were squarely on Georgia on Tuesday, January 5th for the runoff elections for both of Georgia’s U.S. Senate seats. At stake was control of the Senate and, consequently, President-elect Joe Biden's ability to move his policy agenda...
The Legacy of a Special Needs Trust: The Distribution of Assets After a Beneficiary’s Death
Special Needs Trusts (SNTs) are created for the benefit of a disabled beneficiary to enable them to retain assets and receive much-needed public benefits. These assets supplement their public benefits by allowing the special needs individual to purchase items that are...
Caring for Your Aging Loved One: Utilizing an Elder Law Attorney and Geriatric Care Manager
As your loved one ages, navigating the planning process, medical system and Medicaid system can be overwhelming. An Elder Law attorney and Geriatric Care Manager can help you and your loved one plan for their present and future legal needs, care needs and housing...