We listened! Many of our Clients have requested arrangements be made to finalize their estate plan. Conference calls have been implemented to begin the process of preparing estate plans. COVID-19 has prevented us from scheduling signings for the past few weeks, but we can now accommodate signings and still keep our Clients safe. Documents can be signed in our Office, in compliance with the State and Federal COVID-19 Guidelines. No personal contact during the signing process. Pre-signing … [Read more...] about Safe and Secure Document Signing
BLOG
#In This Together
At O’DROBINAK & NOWACZYK, P.C., the health and safety of our Clients, Team Members, and Friends of our Firm, are certainly our priority amid concerns about the spread of the Coronavirus (COVID-19).As Estate Planning and Elder Law Attorneys, our practice is dedicated to serving our most vulnerable citizens, including seniors, those who are ill, disabled, experiencing mental health challenges and children with special needs.The uncertainty around the pandemic has many people concerned about … [Read more...] about #In This Together
COVID-19 Office Update
At O’DROBINAK & NOWACZYK, P.C., the health and safety of our Clients, Team Members, and Friends of our Firm, are certainly our priority amid concerns about the spread of the Coronavirus (COVID-19). The uncertainty around the pandemic has many people concerned about exposure to the virus. We are committed to ensuring everyone’s safety and making it easy and accessible for our community to get their long term care planning and estate planning questions answered, as well as ensure they have … [Read more...] about COVID-19 Office Update
The Importance of Communicating Your Plans
Each of us will die eventually. This article looks at how planning can make your passing easier for those whom you leave behind. Specifically, this article will look at the importance of communicating your plans with your loved ones to avoid disputes after your death. The Importance of Communicating Your Plans … [Read more...] about The Importance of Communicating Your Plans
How Much is Too Much?
This article looks at the question of how much is too much to leave your children. Many people have pledged to give the majority of their wealth to charity. If you won’t leave all your assets to your children, the article provides resources for vetting worthwhile charities. How Much is Too Much? … [Read more...] about How Much is Too Much?
Planning for Step-Children
If your spouse has biological children, you may consider them your own. But, if you haven’t adopted them, they have no inheritance rights. This article looks at how to plan for step-children. Planning for Step-Children … [Read more...] about Planning for Step-Children
New Tax Proposal re: Retirement Savings
There are new tax proposals working their way through the House and Senate. These proposals, if passed, would change retirement savings significantly. Read on to learn more about these proposals and whether they might impact you or your clients. New Tax Proposal re: Retirement Savings … [Read more...] about New Tax Proposal re: Retirement Savings
Consequences of Modifying an Irrevocable Trust
Irrevocable trusts often can be modified. They can be modified under the Uniform Trust Code or a state law decanting. While these modifications may be determinative of the state law consequences, they may not determine federal tax consequences. Read on to learn more. Consequences of Modifying an Irrevocable Trust … [Read more...] about Consequences of Modifying an Irrevocable Trust
New Estate Tax Proposal
A new estate tax proposal would lower the amount passing free from tax to $3.5 million and increase the rates of taxation. It would also eliminate some tried and true strategies for reducing estate taxation. Read on to learn more about this proposal and its prospects. New Estate Tax Proposal … [Read more...] about New Estate Tax Proposal
Why Crowdfunding May Cost You Medicaid Eligibility
Each year, crowdfunding websites raise money for causes. Did you know such a website could impact your eligibility to receive Medicaid? Read on to learn how crowdfunding can impact Medicaid eligibility. Why Crowdfunding May Cost You Medicaid Eligibility … [Read more...] about Why Crowdfunding May Cost You Medicaid Eligibility
