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ny elder law | SEONewsWire.net
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A Closer Look at Charitable Trusts

A charitable trust is a financial account that allows you to donate money to a charity while receiving a tax benefit for you and your heirs. There are two major types of charitable trusts: charitable remainder trusts (CRTs) and charitable

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Amendments to the SEC Custody Rule

New amendments to the SEC Custody Rule will take effect this month. These changes will impose a number of additional controls on registered advisors in order to decrease fraudulent activity. The SEC’s adoption of amendments to Rule 206(4)-2 under the

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Comparing Testamentary and Intervivos Trusts

Establishing a Special Needs Trust for a loved one with disabilities can ensure that he or she will be taken care of in the future. However, it is important for families to choose the right type of trust. There are

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Understanding Financial Elder Abuse

Financial elder abuse is a serious problem for many senior citizens in the United States. Being able to recognize and report this kind of abuse will ensure the safety of your loved ones. Elder abuse occurs when a victim is

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Estate planning attorneys at Littman Krooks encourage families to know their rights when sending a child with disabilities to college.

Students with disabilities cannot and should not be denied the right to pursue a post-secondary education. Recently, more and more students are making the decision to move forward with their education beyond high school. It is important for these students

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Bernard A. Krooks to speak at Estate Planning Council of New York City, Inc.

Littman Krooks attorney Bernard A. Krooks will lead an interactive discussion and analysis of New York’s new Power of Attorney law. Significant changes have been made to the New York general obligations law and the statutory short form Power of

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Transitioning a Child With Special Needs Into Adulthood

Planning for the future of a child as he or she transitions into adulthood is full of challenges for both the child and the parent. Children with special needs and their parents face an additional set of challenges. Preparations must

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Technology Adds a New Dimension to Estate Planning

A good estate plan provides for the orderly transfer of property and the finalization of one’s wishes upon death. Estate planning tools, such as Wills, Trusts, gifts, and Powers of Attorney handle physical assets in a way that maximizes benefits

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Patient Advocacy Groups Support Legislation to Eliminate Two-Year Medicare Waiting Period

The Coalition to End the Two-Year Wait for Medicare enthusiastically supports the introduction of the Ending the Medicare Disability Waiting Period Act of 2009. The Act would eliminate the current two-year delay in coverage for people with severe disabilities who

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Living Trusts provide valuable estate planning benefits

The Revocable Living Trust has been growing in popularity as an estate planning tool for several years. The trend toward making a Living Trust an important element of an estate plan is understandable. A Living Trust offers benefits to both

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