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Grimaldi & Yeung
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An estate plan is the perfect solution to making sure that your assets are passed on to your children from a prior marriage—if you make sure that is addressed in your estate plan. Here are some interesting statistics: the rate of remarriage has decreased over time for all age groups,... Continue reading
Posted yesterday at Grimaldi & Yeung
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Whitney Hosten, Associate Attorney of Grimaldi & Yeung LLP, presented to the members of AARP during their monthly May meeting. Whitney presented on the topic of 5@55: The 5 Essential Legal Documents You Need by Age 55. The meeting was very well attended and the members benefited greatly from all... Continue reading
Posted May 16, 2019 at Grimaldi & Yeung
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May is Older Americans Month! In honor of this special occasion, Grimaldi & Yeung LLP will be holding a special raffle at our May 30th workshop at Il Centro – where you will have a chance to win an Amazon Kindle Fire! Federation of Italian-American Organizations of Brooklyn, Ltd. and... Continue reading
Posted May 8, 2019 at Grimaldi & Yeung
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May 5th to May 11th is National Small Business Week! This event takes place this week to help boost awareness and sales for small businesses, and we encourage you to shop local! Grimaldi & Yeung LLP appreciates your business and trusting us with your estate and long term planning needs.... Continue reading
Posted May 6, 2019 at Grimaldi & Yeung
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Don’t spend it all at once: no matter how big or small your inheritance is, learn about the tax consequences, before you begin enjoying or investing any funds. Depending on what kind of asset you inherit, you may have no taxes, a whopping tax bill, or something in-between. If you... Continue reading
Posted May 3, 2019 at Grimaldi & Yeung
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May is Older Americans month! This month we celebrate our Elders and show our appreciation for all of the contributions they have made to enrich our communities and our lives! Once again, a BIG thank you!! Continue reading
Posted May 2, 2019 at Grimaldi & Yeung
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If a family member who has 529 accounts dies, are those accounts considered part of their estate? Let’s start by defining a 529 plan. A 529 College Savings Plan is a special type of investment account created pursuant to Section 529 of the Internal Revenue Code and state law. At... Continue reading
Posted Apr 29, 2019 at Grimaldi & Yeung
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Documents are at the heart of your estate plan, but they have to be created with your unique situation in mind. Not having them, or not having the right ones, could put you and your children at risk, before and after your demise. Everyone over the age of 18 should... Continue reading
Posted Apr 19, 2019 at Grimaldi & Yeung
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Judith D. Grimaldi, partner of Grimaldi & Yeung LLP, has been an Ambassador of The Guild for Exceptional Children, Inc. since 2016. The Guild for Exceptional Children, Inc. (GEC) is a non-profit organization located in Brooklyn, NY that provides assistance to children, adults, and seniors with developmental and intellectual disabilities.... Continue reading
Posted Apr 16, 2019 at Grimaldi & Yeung
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Strike a balance between enjoying yourself and keeping an eye on your retirement budget. You may need your retirement funds to last for a lot longer than you once thought. People who enjoy shopping as a recreational activity may find that it does serious harm to their retirement funds, now... Continue reading
Posted Apr 12, 2019 at Grimaldi & Yeung
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Whitney Hosten, Associate of Grimaldi & Yeung LLP participated on a panel for New York Law School students in conjunction with the National Academy of Elder Law Attorneys (NAELA) Executive Board. The topic of discussion: Careers: Options and Opportunities. Whitney was joined by fellow panelists, Peter Strauss, Esq., Elizabeth Valentin,... Continue reading
Posted Apr 11, 2019 at Grimaldi & Yeung
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Grimaldi & Yeung LLP invites you to the Senior Tech Fair on May 7, 2019! As the leading sponsor, Grimaldi & Yeung LLP asks if you would kindly spread the word of this exciting event, chock-full of information and resources!! Continue reading
Posted Apr 9, 2019 at Grimaldi & Yeung
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Grimaldi & Yeung LLP partner, Judith D. Grimaldi, was honored by her colleagues at the recent New York State Bar Association's Elder Law and Special Needs Section meeting held on April 5, 2019 for her service and leadership as Section Chair 2018 - 2019. Pictured is Judith Grimaldi with the... Continue reading
Posted Apr 8, 2019 at Grimaldi & Yeung
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Back in the day, U.S. Savings Bonds were a great way to celebrate milestones, like the birth of a child or a wedding. If you still have any savings bonds sitting in a file or buried deep in the back of your safe deposit box, it may be time to... Continue reading
Posted Mar 29, 2019 at Grimaldi & Yeung
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With more than 5.7 million Americans living with Alzheimer’s disease, you’d think we would know that Alzheimer’s and other forms of dementia lead to far more than just memory loss. The typical picture of an Alzheimer’s patient, or someone suffering from any form of dementia, is of an older, fragile... Continue reading
Posted Mar 22, 2019 at Grimaldi & Yeung
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In honor of social work month, Grimaldi & Yeung LLP invites you to a complimentary breakfast workshop hosted by Norwegian Christian Home (refreshments served): DATE: Thursday, March 28, 2019 TIME: 8:30 AM to 10:30 AM LOCATION: Norwegian Christian Home 1250 67th Street Brooklyn, NY 11219 The workshop, presented by Judith... Continue reading
Posted Mar 20, 2019 at Grimaldi & Yeung
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When it comes to distributing your assets, investment accounts are easily divided. However, tangible assets, especially those with sentimental value, can become emotional lightning rods for families. Boomers are today confronting their own mortality, and that includes preparing to transfer their wealth to children and grandchildren. According to an article... Continue reading
Posted Mar 15, 2019 at Grimaldi & Yeung
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Grimaldi & Yeung LLP would like to take this opportunity to offer you our thanks as we join together to celebrate Social Work Month this March! You have touched the lives of many of our clients, neighbors and fellow New Yorkers. The dedication with which you serve makes our future... Continue reading
Posted Mar 7, 2019 at Grimaldi & Yeung
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Despite gains in many areas, married women still choose traditional roles, when it comes to finances. When divorce is in the picture, that creates big problems, for the present and the future. The upheaval presented by divorce and the probability that the woman will be the surviving spouse is difficult... Continue reading
Posted Mar 1, 2019 at Grimaldi & Yeung
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The Federation of Italian-American Organizations of Brooklyn, Ltd. and Grimaldi & Yeung LLP announce a complimentary monthly legal education series focusing on “Getting your Legal House in Order as You Plan Your Retirement” Presented by: Judith D. Grimaldi, Esq. and Joanne Seminara, Esq. Partners of Grimaldi & Yeung LLP and... Continue reading
Posted Feb 21, 2019 at Grimaldi & Yeung
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The family caregiver is often overlooked, because by their nature they are giving souls. However, you can give a thoughtful gift to show your appreciation. You’re just now catching your breathe—so much rushing about for the holidays! However, one gift that you would never overlook would be that for the... Continue reading
Posted Feb 14, 2019 at Grimaldi & Yeung
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An Alzheimer’s Patient Cannot Qualify for Medicaid. Untrue. The key in applying for Medicaid benefits for Home Care is the need for medically necessary assistance with the activities of daily living called ADL’s. If the Medicaid applicant needs help with such tasks as bathing, dressing and toileting, then home care... Continue reading
Posted Jan 24, 2019 at Grimaldi & Yeung
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Many parents are generous to their children and grandchildren and the holidays may have resulted in an extra big gift this year. Don’t worry about the taxes. Usually the giver pays them, but it’s not likely that your parents owe anything to Uncle Sam. If you are lucky enough to... Continue reading
Posted Jan 15, 2019 at Grimaldi & Yeung
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The last quarter of 2018 has been quite a dizzying ride, with headlines rattling even the most optimistic of us. Let’s take a look at the coming year’s hot topics. It’s that time of year, when New Year’s resolutions and predictions for the coming year are on everyone’s mind. In... Continue reading
Posted Jan 14, 2019 at Grimaldi & Yeung
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Few performers could match Tim Conway for making fellow actors break character and dissolve into giggles, as he did on The Carol Burnett Show in the 1970s. His ad-libs were enough to send everyone on stage and in the audience into uncontrollable laughter. However, as funny as Conway was on... Continue reading
Posted Jan 11, 2019 at Grimaldi & Yeung