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Estate Tax Planning During Coronavirus
The Coronavirus has not only overwhelmed us with health concerns, it also has had significant economic ramifications, as indicated particularly by the decline of the stock market. Though many are preoccupied with fears relating to the short-term effects on their...
read moreA Letter of Instruction Can Spare Your Heirs Great Stress
While it is important to have an updated estate plan, there is a lot of information that your heirs should know that doesn’t necessarily fit into a will, trust or other components of an estate plan.
read moreHow Your Stimulus Check Affects Medicaid Eligibility
The coronavirus relief bill includes a direct payment to most Americans. How will this sudden cash infusion affect the eligibility of those receiving Medicaid long-term care services?
read moreThree Changes You May Want to Make to Your Estate Plan Now Due to the Pandemic
You may need to reevaluate some elements of your estate plan in light of the coronavirus pandemic. There are unique aspects of this crisis that your current estate planning documents may not be suited to handle.
read moreMajor Changes to NY Community Medicaid Program
Included in the recently passed New York State 2020 State budget Bill are drastic changes that significantly affect eligibility for New York Community Medicaid – commonly used to obtain aides to assist with daily living. As of an anticipated start date of October 1,...
read moreThe Trump Administration Allows States to Choose Medicaid Block Grants
The Trump administration will allow states the option to cap Medicaid spending using block grants. While this change does not directly affect nursing home residents on Medicaid, it could result in significant service cuts to other beneficiaries.
read moreHow Does Medicaid Treat Income?
The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home.
read moreHow Secure Is Social Security?
For years people have been worried about Social Security’s future, but what is the actual outlook? According to the federal government, unless Congress acts to intervene, Social Security shortfalls are expected beginning in 2035.
read moreDeath To The Estate Tax?
President Trump is preparing to bring the axe down on the federal estate tax. On November 2, the U.S. House of Representatives Ways and Means Committee unveiled what the President hopes will become his first major piece of legislation, the Tax Cut and Jobs Act, H.R....
read moreGreenwald Weiss Partners Present at BHI Annual Brunch
On Sunday, May 21st, the Business Halacha Institute (“BHI”) hosted their annual brunch at their Brooklyn headquarters, featuring a presentation delivered by a panel of Rabbi Chaim Kohn, Dayan (halachic judge) and founder of BHI and Greenwald Weiss founding partners,...
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