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Potential Decrease in Federal Gift and Estate Tax Exemption, Did it Pass and Does it Impact You?

Potential Decrease in Federal Gift and Estate Tax Exemption, Did it Pass and Does it Impact You?

A hot topic among our clients is the proposed amendment to the Federal Lifetime Gift & Estate Tax Exclusion and how it may affect their

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Why You Should look at LTC Insurance

Why You Should look at LTC Insurance

The bottom line is that LTC (long term care) insurance has come a long way. There are new types of LTC insurance and even a

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Considerations For Trust Type

Considerations For Trust Type

Trusts are a major tool in estate planning. Trusts can be used for disability planning, probate avoidance, asset protection, and/or tax planning. Given the high

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Comparing Life Care Planning to Traditional Elder Law

Comparing Life Care Planning to Traditional Elder Law

This year, we are getting the word out there about the Life Care Planning we offer that involves a licensed social worker to act as

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The Bellomo Name

The Bellomo Name

Growing up Italian is something I am very proud of. I love my family with all of my heart. The last name Bellomo means the

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My LTC Insurance is getting very expensive; What should I do?

My LTC Insurance is getting very expensive; What should I do?

If I had a quarter for every time, I was asked this question I would have a lot of quarters for sure. Many LTC (long

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CARING FOR LOVED ONES

CARING FOR LOVED ONES

More and more, as our population ages, many of us are taking care of aging spouses or parents. According to the Mayo Clinic, 33% of

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Caregiver Agreements and Considerations.

Caregiver Agreements and Considerations.

Caregiver agreements are often used in the Medicaid context so that a family member can be paid for their services to a loved one and

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Now is a Good Time to Review Your Estate Plan.

Now is a Good Time to Review Your Estate Plan.

It has certainly been a strange year and it feels as though we are finally heading out of it and things are “getting back to

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When are My Powers of Attorney Active?

When are My Powers of Attorney Active?

Powers of attorney are often drafted differently by different professionals. In our office, we draft our powers of attorney to be effective immediately so that

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What is the difference between a living will and a healthcare power of attorney?

What is the difference between a living will and a healthcare power of attorney?

This is the question that I receive at least once a week in my estate planning and elder law practice. Taken together, a Living Will and

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Why to use Bellomo & Associates for Medicaid Instead of Doing it Yourself

Why to use Bellomo & Associates for Medicaid Instead of Doing it Yourself

When it comes to filing an application for Medicaid, the process can be quite daunting. Hiring a professional at Bellomo & Associates can relieve the

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