GDGC News and Events June 2017

GDGC Managing Partner, Jennifer Cona, Moderating ABA Program on June 20, 2017 GDGC Managing Partner, Jennifer Cona, is moderating an American Bar Association (ABA) webinar on "The Life Insurance Policy Crisis: The Advisors’ and Trustees’ Guide to Managing Risks and Avoiding a Client Crisis." Tuesday, June 20, 2017 1:00 - 2:30pm 1.50 CLEs for Attorneys For … Continue reading GDGC News and Events June 2017

Managed Long Term Care at Home: Proactive Action Required to Expedite Benefits

Managed Long Term Care at Home:  Proactive Action Required to Expedite Benefits There are two components to a Medicaid Home Care application: the financial eligibility review and the medical assessment to determine the appropriate number of hours of home health aide services. Recent events have led to a dramatic back-log of medical assessments, causing applicants … Continue reading Managed Long Term Care at Home: Proactive Action Required to Expedite Benefits

Estate Planning Alert: New IRS Proposed Regulations Target Gift Valuation Discounts

For many years the IRS has had in its crosshairs the valuation discount techniques used to reduce the gift tax value of transfers of interests in closely held businesses to family members. New regulations on this issue have been a high priority for the IRS and on August 2, 2016, the IRS released proposed regulations … Continue reading Estate Planning Alert: New IRS Proposed Regulations Target Gift Valuation Discounts

Legal Alert-Spousal Refusal Update

Spousal Refusal Update: The Human Resources Administration, the agency which processes Medicaid applications in New York City and the boroughs, is currently sending inquiry letters to community spouses who signed a spousal refusal in connection with their spouse's Medicaid application. These letters request information regarding resources and income. What you need to know: The Law: … Continue reading Legal Alert-Spousal Refusal Update

Estate Planning Alert: New IRS Proposed Regulations Target Gift Valuation Discounts

For many years the IRS has had in its crosshairs the valuation discount techniques used to reduce the gift tax value of transfers of interests in closely held businesses to family members. New regulations on this issue have been a high priority for the IRS and on August 2, 2016, the IRS released proposed regulations … Continue reading Estate Planning Alert: New IRS Proposed Regulations Target Gift Valuation Discounts