During this unprecedented time, we often find ourselves looking for ways to adapt and function to continue on with the tasks that still present themselves. In response to the continued need to have important legal documents notarized and witnessed, New…
The COVID-19 Pandemic is a wake-up call for everyone to implement an estate plan, if you do not already have one, or to review your existing estate plan. As a result of the global health crisis, it is critical for…
The COVID-19 Pandemic is a wake-up call for everyone to implement an estate plan, if you do not already have one, or to review your existing estate plan. As a result of the global health crisis, it is critical for…
A recently issued General Information System message (GIS) from the New York State Department of Health (which can be found here: https://www.health.ny.gov/health_care/medicaid/publications/docs/gis/20ma04.pdf) implements new and sweeping changes to the Medicaid application process. According to the GIS, these procedures will be…
New York State Budget - Medicaid Update: Good News/Bad News On Abril 3, 2020, Governor Andrew Cuomo signed the approved 2020/2021 budget for New York State. As it often happens in matters of budgets and law-making, what comes out is…
The Paycheck Protection Program Frequently Asked Questions By: Vincent J. Russo Russo Law Group, PC (www.vjrussolaw.com) Dated: Abril 6, 2020 (update) There are so many small businesses desperately seeking information on how they can get assistance from the Federal…
We typically advise clients to think of the value of the gift before making gifts. Let's take a look at why. Value of the Gift Although the annual exclusion from Federal gift taxes is $15,000, this doesn’t mean that you…
We hope you and your loved ones continue to be safe and healthy during this medical crisis. Recently (3/20/2020) the U.S. Treasury Department and Internal Revenue Service (IRS) issued updated guidance extending the due date to file a federal income…
An update regarding Coronavirus (COVID-19) Dear Clients and Friends, As a valued member of the Russo Law Group family, I appreciate the trust you place in our law firm. We are closely monitoring the outbreak developments and CDC recommendations regarding…
The Setting Every Community Up for Retirement Enhancement Act (more commonly referred to as the SECURE Act) has received a lot of buzz in the estate and retirement planning communities lately thanks to the significant changes it has made to…