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Grimaldi & Yeung
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The Simple Math Behind Social Security Benefits
“Should I start collecting Social Security retirement benefits as early as possible, or hold off for longer in exchange for plus-size payments?” How much time you need to figure out the best time to take Social Security benefits can be as much of a puzzle as figuring out the actual... Continue reading
Posted 4 hours ago at Grimaldi & Yeung
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Estate Planning for a Second Marriage and Blended Family
“Second (or third or fourth) marriages often require careful balancing between the needs of the surviving spouse and the needs of the children from a previous marriage.” It takes a certain kind of courage to embark on new marriages after being married previously, even when there are no children from... Continue reading
Posted 2 days ago at Grimaldi & Yeung
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Bay Ridge Center Launches Bay Ridge Heroes Program in November
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Bay Ridge Center is launching this program in November to honor Veterans Day and to empower our veteran community with essential resources and services. Join us for a series of informative meetings. All sessions will be held remotely: Fridays at 3:00 pm To join by Zoom, please click here. November... Continue reading
Posted 5 days ago at Grimaldi & Yeung
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Can I Revoke a Power of Attorney?
“Cindy, a widow in her early 60s, was undergoing physical therapy for an injury to her foot, making it difficult for her to get around. In addition, she was suffering depression brought on by the immobility and pain, resulting in her neglecting to pay bills and taking care of other... Continue reading
Posted 7 days ago at Grimaldi & Yeung
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How to Choose a Trustee
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“Only you know the strengths and weaknesses of your family members, putting you in the best position to decide if your spouse or your child can appreciate a trustee’s responsibilities.” To protect all that you have worked for and take care of the most important people in your life, you... Continue reading
Posted Oct 19, 2020 at Grimaldi & Yeung
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You Need More than a Will for Estate Planning
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“Regardless of the pandemic, experts say it’s important to plan for when you’re not here—that is, give thought to what would happen to your bank accounts, your home and your belongings, as well as, perhaps, your dependents.” As the coronavirus continues to sweep across through the U.S. and the death... Continue reading
Posted Oct 16, 2020 at Grimaldi & Yeung
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Planning for Nursing Home Expenses
“A revocable trust is great for many reasons, but it does NOT protect assets from nursing home expenses.” The question raised in the article “Fact or Fiction: I Can Protect My Assets from a Nursing Home with a Revocable Trust” from New Hampshire Business Review is frequency asked, and the... Continue reading
Posted Oct 14, 2020 at Grimaldi & Yeung
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Virtual CaringKind Walk
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Grimaldi and Yeung LLP participated in this year’s Virtual CaringKind Walk. Here is partner, Pauline Yeung-Ha and her family walking in support of Alzheimer’s and dementia caregiving! It’s not too late to donate – our team’s fundraising page will remain active through November 30th. You can click HERE to still... Continue reading
Posted Oct 13, 2020 at Grimaldi & Yeung
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Judith Grimaldi to present at CaringKind's Legal & Financial Seminar on October 13th at 6 PM!
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Please join our very own Judith Grimaldi on Tuesday October 13th at 6 PM where she will be a featured presenter at the Legal & Financial Seminar presented by CaringKind in Partnership with Heights and Hills. See the flyer below for more information on how to register and attend. We... Continue reading
Posted Oct 9, 2020 at Grimaldi & Yeung
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What Happens When Your Disabled or Autistic Child Turns 18?
For parents of disabled or autistic children, the coming of an 18th birthday is the time when hard decisions need to be made. In NY, age 18 is the age in which an individual is legally able to act on their own. What should you if your child does not... Continue reading
Posted Oct 7, 2020 at Grimaldi & Yeung
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk!
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk on Sunday, October 11, 2020 to support Care, Research and Advocacy! On December 1, 2015, the New York City Chapter of the Alzheimer's Association separated from the National Alzheimer's Association, to return to their roots as a... Continue reading
Posted Oct 5, 2020 at Grimaldi & Yeung
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Planning for Nursing Home Expenses
“A revocable trust is great for many reasons, but it does NOT protect assets from nursing home expenses.” The question raised in the article “Fact or Fiction: I Can Protect My Assets from a Nursing Home with a Revocable Trust” from New Hampshire Business Review is frequency asked, and the... Continue reading
Posted Oct 2, 2020 at Grimaldi & Yeung
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Gifting Can Help Estate Plans and Heirs Reach Goals
Gifting, Estate Planning Attorney, Exemptions, Applicable Exclusion Amount, Tax, Legislation, Lifetime Gifts Continue reading
Posted Sep 30, 2020 at Grimaldi & Yeung
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Election Season is Here: Vote for Your Favorite Brooklyn Businesses!
Election Season is here - Please see the below announcement from Best of Brooklyn: Vote for Your Favorite Brooklyn Businesses Up and Down the Ballot! It's election season, so its time to cast your ballot and support your favorite local businesses! Dime Best of Brooklyn voting is open through November... Continue reading
Posted Sep 28, 2020 at Grimaldi & Yeung
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Medicaire Open Enrollment Reminder
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A reminder that Medicare open enrollment begin in October. Please see the announcement from Medicare.gov: Medicare Open Enrollment begins October 15! This year, Medicare plans have historically low premiums — dropping an average of 34% over the last 3 years, and in some states up to 60%! Starting October 1,... Continue reading
Posted Sep 28, 2020 at Grimaldi & Yeung
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Are Trusts The Answer to All Estate Planning Needs?
“We may think of a spoiled heiress to a large fortune, whose parents were savvy enough to prevent her from having full access to her funds. On the other hand, we could imagine a loved one with special needs, whose needs will be provided for with trust-protected money.” Trusts serve... Continue reading
Posted Sep 25, 2020 at Grimaldi & Yeung
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk!
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk on Sunday, October 11, 2020 to support Care, Research and Advocacy! On December 1, 2015, the New York City Chapter of the Alzheimer's Association separated from the National Alzheimer's Association, to return to their roots as a... Continue reading
Posted Sep 24, 2020 at Grimaldi & Yeung
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Care Connection Webinar: Estate Planning and Medicaid Updates – New Home Care Rules October 8 @ 1:00 pm - 2:00 pm EDT
Please join our firm's very own Judith Grimaldi and Young Mee Kim Jun at The Alzheimer's Foundation of America's Live Webinar where they will be guest speakers. This webinar will provide an update on home care as it impacts caregivers who may need home care services from Medicaid. The webinar... Continue reading
Posted Sep 23, 2020 at Grimaldi & Yeung
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Gifting Can Help Estate Plans and Heirs Reach Goals
“Despite many attempts at repeal over the years, the modern U.S. Estate Tax has been in place since September 8, 1916. Each U.S. citizen and resident alien is entitled to a lifetime exemption from the federal Gift/Estate Tax called the Applicable Exclusion Amount.” The applicable exclusion amount is combined for... Continue reading
Posted Sep 21, 2020 at Grimaldi & Yeung
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Estate Planning Different for Business Owners and Top-Level Executives
“Having an estate plan can ensure that fiduciaries are identified to oversee and distribute your assets in the way you would have wanted. As a business owner, your ownership assets in your estate may require a more sophisticated level of planning.” Do you need an estate plan? If you have... Continue reading
Posted Sep 16, 2020 at Grimaldi & Yeung
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk!
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk on Sunday, October 11, 2020 to support Care, Research and Advocacy! On December 1, 2015, the New York City Chapter of the Alzheimer's Association separated from the National Alzheimer's Association, to return to their roots as a... Continue reading
Posted Sep 15, 2020 at Grimaldi & Yeung
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A Non-Medical Check Up – For Your Estate Plan
“For example, did you name someone as an heir who is no longer in favor with you or—worse yet—has died? Who should get what they would have gotten? Are there now new people in your life—be they family members or not—whom you might wish to share in what you may... Continue reading
Posted Sep 14, 2020 at Grimaldi & Yeung
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Combining Households during Coronavirus
“If family members are anxious about each other, sometimes it seems it might be easier if they simply joined households. This is not just due to COVID-19.” Not that long ago, multigenerational living was how most people lived. Since people are living longer, it may become the norm again. In... Continue reading
Posted Sep 11, 2020 at Grimaldi & Yeung
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BAY RIDGE CENTER & BAY RIDGE CONNECTS: Announcements & Programs 9/10/2020 - 9/11/2020
THURSDAY, SEPTEMBER 10 TECH: GET SMART WITH YOUR SMARTPHONE with David Dring 11:00 am - 12:00 pm Link to Zoom at the time of your class: https://zoom.us/my/forthamilton To call in with your telephone: 646-558-8656, Meeting ID: 323 408 8507 Feel more confident in using your smartphone. Join tech expert David... Continue reading
Posted Sep 10, 2020 at Grimaldi & Yeung
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk!
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Grimaldi & Yeung LLP will participate in this year’s Virtual CaringKind Alzheimer’s Walk on Sunday, October 11, 2020 to support Care, Research and Advocacy! On December 1, 2015, the New York City Chapter of the Alzheimer's Association separated from the National Alzheimer's Association, to return to their roots as a... Continue reading
Posted Sep 9, 2020 at Grimaldi & Yeung
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