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Grimaldi & Yeung

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Another Tax-Sheltered Employee Retirement Plan: The 403(b)

There are similarities and differences between the 403(b) and the 401(k) plans, but both offer a good path to retirement savings. For those who work in a non-profit organization, like a school, social service agency, college, hospital system or a museum, the 403(b) plan is the retirement plan offered by... Continue reading

Posted 4 days ago at Grimaldi & Yeung

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Using a Trust to Control Heirs from the Grave

More than one person has said they don’t want their kids to be spoiled by a large inheritance. However, there is a way to leave money to heirs in such a way, that they have to attain certain life goals such as graduating from college or avoiding drugs or alcohol,... Continue reading

Posted Jul 12, 2019 at Grimaldi & Yeung

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Are There Still Strategies For Claiming Social Security Benefits?

Some strategies are no longer available, but there are still ways to maximize benefits. The trick is knowing what to do, and when, so you don’t miss out. Make the wrong move, and you could put a strain on your retirement finances. How can you get the most out of... Continue reading

Posted Jul 5, 2019 at Grimaldi & Yeung

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Bay Ridge Neighborhood NORC Summer Stroll 2019!

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Posted Jul 3, 2019 at Grimaldi & Yeung

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Grimaldi & Yeung LLP Nominated Dime's Best in Brooklyn 2020!

GOOD NEWS! Grimaldi & Yeung LLP has once again been nominated BEST IN BROOKLYN 2020 for Best Law Firm and Best Lawyers!! We need your help to make the final vote! Click HERE and scroll down to click on Law Firm/Lawyer and click on Grimaldi & Yeung LLP. We thank... Continue reading

Posted Jun 27, 2019 at Grimaldi & Yeung

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2019 Caringkind Alzheimer's Walk!

Grimaldi & Yeung LLP will once again participate in this year’s CaringKind Alzheimer’s Walk. Please join us on Sunday, September 22, 2019 to support Care, Research and Advocacy! For more than 30 years, CaringKind, The Heart of Alzheimer's Caregiving has provided programs and services, free of charge, to help individuals... Continue reading

Posted Jun 27, 2019 at Grimaldi & Yeung

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Judith D. Grimaldi Published in Calvary Hospital Foresight - Spring, 2019 Newsletter

Judith D. Grimaldi, partner of Grimaldi & Yeung LLP has written an article featured in Calvary Hospital's Spring 2019 Foresight Newsletter. The article is entitled: What is a Last Will and Testament and Why Do You Need One? Please see below for full article: Calvary Hospital Foresight, Spring 2019 Continue reading

Posted Jun 25, 2019 at Grimaldi & Yeung

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Pauline Yeung-Ha Presented for Chinatown Rotary Club of New York

On Saturday June 22nd, Pauline Yeung-Ha, partner of Grimaldi & Yeung LLP, was once again invited by the Chinatown Rotary Club of New York to present on Legal and Financial Planning: “Getting Your Legal House in Order”. The event was very well attended and the attendees benefited greatly from all... Continue reading

Posted Jun 25, 2019 at Grimaldi & Yeung

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REMINDER! NOT TOO LATE TO RSVP! Grimaldi & Yeung...

REMINDER! NOT TOO LATE TO RSVP! Grimaldi & Yeung LLP and the Federation of Italian-American Organizations of Brooklyn, Ltd. invite you to the following complimentary workshop: Next & Final workshop in the series: "Medicaid Planning and Asset Protection Trusts" Thursday, June 27, 2019 at 7:00 PM (see below for more... Continue reading

Posted Jun 24, 2019 at Grimaldi & Yeung

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I’m Too Young to Need a Will

When most people in their 50s don’t have a will, it’s no surprise that people in their 20s and 30s don’t think they need a will. However, they do, especially if they have small children. Most of us live for a long time, before we come in contact with the... Continue reading

Posted Jun 21, 2019 at Grimaldi & Yeung

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Joanne Seminara on Pix 11 News Close-up with Marvin Scott

Joanne Seminara, partner of Grimaldi & Yeung LLP appearing on PIX11 News Close-up with Marvin Scott on Sunday, June 16, 2019 - speaking on the topic of 5@55: The 5 Essential Legal Documents You Need by Age 55. Continue reading

Posted Jun 19, 2019 at Grimaldi & Yeung

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Charitable Giving via IRAs Took a Dramatic Jump in 2018

Americans are a generous people, and 2018 showed clear proof of this. Distributions from IRAs increased, and using the Qualified Charitable Distribution (QCD) was at the heart of much of the giving. Giving from an IRA, also known as an IRA charitable rollover gift or QCD, took a leap of... Continue reading

Posted Jun 14, 2019 at Grimaldi & Yeung

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Pauline Yeung-Ha - Inducted as Trustee of Brooklyn Bar Association

Pauline Yeung-Ha, partner of Grimaldi & Yeung LLP, was once again inducted as Trustee on the Board of Directors of the Brooklyn Bar Association on June 12, 2019 for another 4 years. Pauline has been invited to serve as Trustee of the Brooklyn Bar Association since 2015. Here are some... Continue reading

Posted Jun 13, 2019 at Grimaldi & Yeung

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Joanne Seminara on Pix 11 News Close-Up

Grimaldi & Yeung LLP is proud to announce that our partner, Joanne Seminara, will be featured on Pix 11 News Close-Up with Marvin Scott, which will air this Sunday, June 16th at 6:00m and starting at 11:00am, will be streamed online here. Ms. Seminara will be speaking on the topic... Continue reading

Posted Jun 13, 2019 at Grimaldi & Yeung

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Fontbonne Hall Academy Inaugural Principal’s Dinner

As an alum and dedicated supporter of Fontbonne Hall Academy in Bay Ridge, Brooklyn, Judith D. Grimaldi is proud to announce their first annual Inaugural Principal's dinner on Wednesday, June 12th 2019 at The beautiful Water Club in New York! If you are interested in attending or supporting this event,... Continue reading

Posted Jun 6, 2019 at Grimaldi & Yeung

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Il Centro Workshop Series

Judith D. Grimaldi presented in the most recent of our monthly legal education series which was entitled, "Should You Transfer Your House (and other assets) To Protect Them?" on Thursday, May 30th. The event was very well attended and the attendees benefited greatly from all of the information they received.... Continue reading

Posted Jun 3, 2019 at Grimaldi & Yeung

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Business Owners and Profession of Service Organizations: You Need a Succession Plan and Time to Create It

Whether your prize assets are dairy cows, acres of cropland or manufacturing, a business succession plan takes a lot of time to map out. Business plans are often by-products of good succession plans. Planning to hand over a business takes more than one meeting with one professional. It can take... Continue reading

Posted May 31, 2019 at Grimaldi & Yeung

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Blending Families? Be Mindful of Your Estate Plan

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 May 24, 2019 at Grimaldi & Yeung

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AARP Presentation

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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Special Raffle In Honor of Older Americans Month!

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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National Small Business Week!

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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What You Need to Know About Inheritances and Taxes

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!

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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How is a 529 Plan Treated, If It’s Inherited?

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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Protect Yourself and Your Family With an Estate Plan

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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