On March 4, we met with the Director and staff of the Stony Brook Center of Excellence for Alzheimer’s Disease to discuss the Center’s services and available care options. During our visit, we also toured the facilities, spoke with members
For the past seven years, Mr. Okrent has served as the coordinator and opening presenter for the Suffolk County Bar Association’s Annual Elder Law and Estate Planning Update, a full‑day program attended by attorneys, paralegals, and members of the judiciary. He
As we previously reported, our firm’s Managing Attorney, David R. Okrent, Esq., CPA, in 2024 was appointed by the Speaker of the New York State Assembly, confirmd by Governor Hochul of New York State, to the New York State Coordinating
New York State Legislature Passes the “Medical Aid in Dying” Act in June 2025, now waiting for the New York Governor to make it the law. In June 2025, the New York State legislature passed the “Medical Aid in Dying”
Click here to listen to the recording. The Stony Brook University Foundation invited David R. Okrent, Esq., CPA, to be the featured speaker for its March 2025 webinar on “Elder Law and Estate Planning.” Invites were limited to its Alumni and Friends.
Update: On April 9, 2025, parties to a federal lawsuit against New York State’s Department of Health filed a joint proposed preliminary injunction, approved by the judge on April 10, 2025, extending the date for transition to May 15, 2025
On January 5, 2025, President Biden signed the Social Security Fairness Act, H.R. 82, repealing the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) This Act was passed by a large bipartisan majority in both the House and Senate.
In April of 2024, the New York Executive and the New York Legislature released and enacted Article VII budget language bills changing, in addition to many other changes, the Consumer Directed Personal Assistance Program (“CDPAP/CDPAS”) under the New York State
We are happy to announce that the Firm’s Managing Attorney, David R. Okrent, Esq., CPA, has been appointed to the New York State Coordinating Council for Services Related to Alzheimer’s Disease and Other Dementias by New York State Governor Kathy
The NY Governor’s 2024-2025 budget contained a new section of the Real Property Law in New York, Section 424 authorizing Transfer-On-Death Deed(s) for New York real property (See Governor’s budget, Art. VII, Part O, sec. 12). This new section creates
On Friday, April 19, 2024, and Saturday, April 20, 2024, the New York Executive and the New York Legislature released and enacted the remaining Article VII budget language bills. Many issues that were on the table did not make it
The Internal Revenue Service announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. Revenue Procedure 2023-34 [click for actual ruling] provides detailed information about these
The purpose of this General Information System (GIS) message is to inform local departments of social services (LDSS) of updates to the provisions of GIS 23 MA/03 (“Unwind of Medicaid Continuous Coverage Requirement Related to the COVID-19 Public Health Emergency
As advised in Administrative Directive 06 OMM/ADM-5, “Deficit Reduction Act of 2005 – LongTerm Care Medicaid Eligibility Changes”, the life expectancy table issued by SSA is required to be used in evaluating whether an annuity purchased by or on behalf
Do assets received by a beneficiary of a “Grantor trust” on the death of the Grantor receive a “step up in basis”? On January 9, 2023 IRS issued Revenue Ruling 2023-2; 2023-16 IRB 1, determining that there is no basis
Throughout the pandemic, the federal Public Health Emergency (PHE) designation has provided important consumer protections, bolstering the State’s efforts to ensure access to health coverage and care for New Yorkers. During this unprecedented crisis, NY State of Health and Local
