Our partners, Kristen Moonan and Amy Stratton, are honored to be recognized by Rhode Island Monthly‘s Excellence in the Law issue for the third year in a row. They were each noted for excellence in the category of “Wills, Trusts and Estates.” Rhode Island’s top attorneys are chosen to receive the Rhode Island Monthly honor…
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The one-year deadline for nursing home residents on Medicaid to spend down their first round of stimulus checks is here, but they may have a little extra time.
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The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus.
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Vermont senator Bernie Sanders has introduced legislation that would require more estates to pay estate tax and that raises the amounts they would pay. Another proposed law would eliminate the step-up in basis that inherited assets currently enjoy.
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Inheriting a vacation home with your siblings can be a great thing or it can cause huge problems within the family. Planning ahead can help prevent sibling disagreements.
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For most people, the durable power of attorney is the most important estate planning instrument available — even more useful than a will.
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As life circumstances change (births, marriages, divorces, and deaths), it may become necessary to make changes to your will.
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The Centers for Medicare and Medicaid Services has issued new guidance on whether families can visit loved ones in nursing homes. The guidance allows indoor visitation even when the resident has not been vaccinated.
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President Biden has signed the latest COVID-19 relief bill, which in addition to authorizing stimulus checks, funding vaccine distribution, and extending unemployment benefits, also provides assistance to seniors in a number of ways.
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While it remains unclear exactly what tax changes President Biden’s administration will usher in, two possibilities are that he will propose lowering the estate tax exemption and eliminating the stepped-up basis on death.
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