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Amoruso & Amoruso

Recent Activity

Some Common Estate Planning Mistakes Best Avoided / New York, NY & Greenwich, CT

What might happen if you have the talent for success but not the talent for business? As can often be the case, many extremely talented people accumulate large estates and they often are not prepared to take on the task of organizing the transfer of assets, according to the Reno... Continue reading

Posted 19 hours ago at New York Estate Planning & Elder Law

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Keep Documents Safe but Reachable / New York, NY & Greenwich, CT

You may want access to some of your estate planning documents while traveling. Documents created in an estate plan such as a health care proxy, durable power of attorney and others all need to be kept in a safe place. However, it might also be a good idea to have... Continue reading

Posted yesterday at New York Estate Planning & Elder Law

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Adult Children, Parents Should Discuss Aging Issues / Greenwich, CT & White Plains, NY

Some issues are not easy to approach for discussion. However, they are necessary. With holidays upon us, it is perhaps a good time to have a conversation with your parents about long-term care and other aging issues, according to News3LV in “Tough talks over turkey: Is it time to have... Continue reading

Posted 2 days ago at New York Estate Planning & Elder Law

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Second-Marriage Couples Face Estate Planning Challenges / White Plains, NY & New York, NY

In today’s world it is not at all unusual to have a blended family. Blended families often face special challenges when it comes to estate planning. Those issues are best approached openly, according to JD Supra in “Seven Estate Planning Considerations For Blended Families.” Spouses can leave their assets separately... Continue reading

Posted 3 days ago at New York Estate Planning & Elder Law

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What Does It Take to Have a Happy Retirement? / New York, NY & Greenwich, CT

Strong finances and a full social life can often be the keys to success. There can be happy retirements and there can be challenging and perhaps even unhappy retirements. However, the state of those years is often created long before retirement age arrives, according to U.S. News & World Report... Continue reading

Posted 4 days ago at New York Estate Planning & Elder Law

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Entertainment World often Looks at Retirement / New York, NY & Greenwich, CT

Many retirement strategies are often presented in Hollywood. Even though it is an unlikely source of planning for retirement, the movie industry often leads to the thought process about the later years of life, according to USA Today in “Hollywood can inspire you to save more in your 401(k) for... Continue reading

Posted 7 days ago at New York Estate Planning & Elder Law

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Only One of You Involved in the Finances? / New York, NY & Greenwich, CT

There are ways to make both members of the couple knowledgeable about finances. There can be a high cost to the surviving member of a couple if the member who passed away was the person who handled all of the household finances, according to The Wall Street Journal in “When... Continue reading

Posted Dec 6, 2018 at New York Estate Planning & Elder Law

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Thinking Retirement? Start with a Will / New York, NY & White Plains, NY

Sometimes even having a will is not enough. Most people do not want their finances released to the public. However, if they are not careful with their estate plan, their financial world will become an open book, according to the Robb Report in “Rest in Wealth: The Ins and Outs... Continue reading

Posted Dec 5, 2018 at New York Estate Planning & Elder Law

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Myths and Truths about Retirement Communities / White Plains, NY & Greenwich, CT

Consider your planned lifestyle before retiring, in order to choose the right location. As retirement approaches, many people need to decide between remaining in their home of many years, downsizing to a smaller location or moving to a retirement community. However, many myths about retirement communities exist as well as... Continue reading

Posted Dec 4, 2018 at New York Estate Planning & Elder Law

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Even Millennials Need to Plan for Retirement / Greenwich, CT & New York, NY

Your family will most likely face some tough times, if you don’t make a plan. It doesn’t matter which generation you belong to, when it comes to estate planning. If you pass away without an estate plan, it is likely the people you love will face many trying days of... Continue reading

Posted Dec 3, 2018 at New York Estate Planning & Elder Law

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One Step at a Time Makes the Project Easier / White Plains, NY & New York, NY

Planning for retirement may be a hard job. However, it can turn into some joyful years later in life. Planning for your retirement is not only a big job but a really important and serious job that can be used to create a pleasant and even youthful retirement that has... Continue reading

Posted Nov 16, 2018 at New York Estate Planning & Elder Law

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Choose Your Executor Carefully / New York, NY & Greenwich, CT

Need an executor for your estate? Don’t rush, think it through carefully and make the right choice. It would be wise to have a conversation with your heirs that you most likely do not want to have, and it would be best to have that conversation sooner rather than later.... Continue reading

Posted Nov 15, 2018 at New York Estate Planning & Elder Law

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How to Find the Perfect Retirement Location / White Plains, NY & Greenwich, CT

Decide where you want to locate and then study the opportunities and drawbacks. So, you are retiring. Where do you want to live? What’s the attraction? What is the cost of living? Taxes? Medical facilities? The list is long but there are some factors to look into that can be... Continue reading

Posted Nov 14, 2018 at New York Estate Planning & Elder Law

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Intellectual Property Goes into Estate Plan / New York, NY & Greenwich, CT

It is possible to keep your intellectual property private. If you have royalties, trademarks or digital assets that contribute to your revenue stream, you need to include them in your estate plan, according to the Times Herald-Record in “Include intellectual property and royalties in your estate plan.” Just as any... Continue reading

Posted Nov 13, 2018 at New York Estate Planning & Elder Law

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Leave the Snow Behind but Keep Estate Plan Up to Date / Greenwich, CT & White Plains, NY

State laws oversee estates and those laws are rarely the same. Many people retire in the snowy north and head to the warm south for a few months each year. If that is your scenario, it would be wise to keep that estate plan current because state laws are not... Continue reading

Posted Nov 12, 2018 at New York Estate Planning & Elder Law

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Seniors Should Plan for Long-Term Care / New York, NY & Greenwich, CT

Planning for long-term care can give you peace of mind and protect loved ones from financial challenges. A recent study reveals that not even half of Americans 65 years of age or older have given much thought, if any, to the possibility of needing and planning for long-term care, according... Continue reading

Posted Nov 9, 2018 at New York Estate Planning & Elder Law

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Understanding Social Security Benefits Can Be a Challenge / Greenwich, CT & White Plains, NY

You can have a firm grasp on your benefits. While you may think you understand Social Security benefits, don’t be surprised if you don’t know what you don’t know about them, according to The Motley Fool in “4 Signs You’re Thinking About Social Security Benefits the Wrong Way.” Here are... Continue reading

Posted Nov 8, 2018 at New York Estate Planning & Elder Law

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Keep You Estate Plan Current with Your Life / New York, NY & White Plains, NY

So, just what is going on with your life, the kids, your health, their health, their future plans? Don’t just ask for the proper documents to create an estate plan. Make sure that your attorney knows what is actually going on in your life, according to the Citizen Times in... Continue reading

Posted Nov 7, 2018 at New York Estate Planning & Elder Law

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Higher Earning Couples Can Benefit from New Tax Laws / White Plains, NY & Greenwich, CT

It is important to understand the new tax laws and your opportunities. There has been considerable dialogue about the individual income tax rates in the new tax laws. However, there are also new opportunities for new tax-saving strategies, according to CNBC in “If you’re married and near retirement, consider this... Continue reading

Posted Nov 6, 2018 at New York Estate Planning & Elder Law

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Planning Provides Protection and Support for Your Family / New York, NY & Greenwich, CT

The emotional support should be enough to get you started. Organizing your finances and creating an estate plan can be very simple. However, it is often avoided by many people, despite the peace of mind to you and your loved ones, according to The Brownsville Herald in “Additional Financial Protection... Continue reading

Posted Nov 5, 2018 at New York Estate Planning & Elder Law

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Estate Planning for Special Needs / New York, NY & Greenwich, CT

Estate planning is crucial for parents with children with special needs. Parents want to give support to their children to develop through the years and continue after the parents are gone. Parents with children with special needs have an even bigger challenge, according to the Austin American Statesman in “How... Continue reading

Posted Oct 26, 2018 at New York Estate Planning & Elder Law

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Taking Care of Your Children in Your Later Years / New York, NY & Greenwich, CT

How do you help you and your family in the next phase of life? You’ve taken care of your children from their infancy through their college years. What more should you do for them? While you are planning for your later years, you can also make things easier for them,... Continue reading

Posted Oct 25, 2018 at New York Estate Planning & Elder Law

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What Should Be on Digital Files and How Long Should they be Saved? / Greenwich, CT & White Plains, NY

Digital Files could remain forever, unless action is taken. The digital world has created many new issues which have an impact on almost everyone in today’s world. Unlike your other assets, digital isn’t a tangible item and could exist forever, according to the Press-Republican in “The great digital beyond.” Digital... Continue reading

Posted Oct 24, 2018 at New York Estate Planning & Elder Law

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The Value of Your Legacy / New York, NY & Greenwich, CT

Continue to support your family and reduce some stress. A legacy is the culmination of our lives stored in the hearts and memories of those we knew and loved. Much of your legacy is how you finish your final years and the support you give your family, according to The... Continue reading

Posted Oct 23, 2018 at New York Estate Planning & Elder Law

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HSA Accounts are a Fine Retirement Option / White Plains, NY & New York, NY

Many Americans don’t know about them or fail to use them, despite the advantages. Even though health saving accounts (HSA) are an excellent retirement tool, many people still don’t know about them or take advantage of them, according to CBS Moneywatch in “Many savers missing out on the HSA’s benefits... Continue reading

Posted Oct 22, 2018 at New York Estate Planning & Elder Law

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