Probate – FAQs

Losing a loved one is incredibly difficult. Emotions are high and the last thing you want to do is handle your loved one’s estate. Unfortunately, sometimes the probate can’t be avoided. So, what do you need to know about a probate proceeding? FAQs Q: What is a probate proceeding? A: Probate is the legal process… Read More »

Russo Law Group Sponsors ADRC’s 17th Annual West End Walk for Alzheimer’s

Russo Law Group, P.C. is a proud sponsor of the Alzheimer’s Disease Resource Center, Inc.(ADRC) 17th Annual West End Walk For Alzheimer’s! Saturday, September 7th, our staff and friends among other supporters of ADRC will join the walk for Alzheimer’s Disease. The event will take place at Marjorie Post Park in Massapequa, NY. The proceeds from this Walk… Read More »

Power of Attorney versus Guardianship

Have you ever been concerned about an aging parent who seems to be making “bad” decisions? Or, have you thought about who will look after you should something tragic happen and you become incapacitated? These are difficult scenarios to think about, but Power of Attorney and Guardianship proceedings can offer peace of mind. In a… Read More »

My House Is Owned By A Trust, Can I Still Take Advantage Of The Capital Gains Exclusion?

Recently I received a telephone call from a client looking to sell their home.  The home had been transferred to a trust years earlier and they wanted to know if they would qualify for the $250,000 (per resident owner) capital gains exclusion on the sale of their home. Generally speaking, the Internal Revenue Code provides,… Read More »

Trusts – Do I Need One?

Interested in Learning Trusts? We will be hosting free educational seminars entitled, Trusts—Do I Need One? During these seminars, we will be discussing why someone may need a trust and which trust, irrevocable or revocable, would fit their situation best. Join us: August 10th from 9:30 am – 11:30 am at Russo Law Group Bay Shore Office… Read More »