Click here to watch Dave Zumpano on WKTV NewsTalk. Dave Zumpano joins us from the Estate Planning Law Center. Tonight’s topics included IRA’s and when they are protected and when they are at risk. Zumpano joins us on the Live at Five News hour twice each month to take Estate Planning questions over the phone. He also sits in on News Talk on NEWS Channel 2 at Noon.
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Click here to watch Dave Zumpano on WKTV NewsTalk. Dave Zumpano, from the Estate Planning Law Center, joins us tonight on the Live at Five Newshour. This segment touches upon the different roles lawyers, financial advisors and accountants play in successful estate planning. Other frequently asked questions include nursing home concerns, the difference between a will and a trust and also naming an executor to your estate.
Continue Reading... →Each year the government modifies the amounts allowed in determining eligibility for federal or state benefits and the tax rates. Despite the confusion of numbers, I will attempt to outline the new numbers in place effective January 1, 2015. Medicaid Of notable concern to most individuals is the ability to qualify for Medicaid should the need for long-term care arise. Currently under the Medicaid laws in New York, an individual is allowed to have assets of up to $14,850.00 and a spouse living in the community is entitled to have assets up to $119,220.00 and still be considered eligible for Medicaid. In addition, the individual monthly income allowance is $50.00 for an individual in a long-term care facility and all remaining income would be required to pay for the cost of care. If an individual residing in a nursing home has a spouse in the community, then the spouse in
Continue Reading... →Dave & Christine Zumpano Family Fund supports American Heart Association, Go Red for Women Dave & Christine Zumpano Family Fund supports American Heart Association, Go Red for Women The Dave & Christine Zumpano Family Fund are proud to support the American Heart Association’s Go Red for Women event as this year’s Heart Ambassador. “My wife and I are honored and appreciative to be able to give back to such a wonderful organization and cause” said Dave Zumpano, founder and attorney of Estate Planning Law Center in New Hartford. The Dave & Christine Zumpano Family Fund are proud to support the American Heart Association’s Go Red for Women event as this year’s Heart Ambassador. “My wife and I are honored and appreciative to be able to give back to such a wonderful organization and cause” said Dave Zumpano, founder and attorney of Estate Planning Law Center in New Hartford. Zumpano also
Continue Reading... →Is Your Company protected from Lawsuits, Long term Care Costs and other Predators? The Estate Planning Law Center, David J. Zumpano CPA/ESQ is proud to have joined the Rome Chamber of Commerce in April and they will host their first Business Before Hours at Jervis Public Library in Rome on May 8th. Most business owners don’t take the time to slow down and think about their future. Most think they are all set and protected but are they built to last? Can the business continue without the owner, whether it is retirement, unexpected health issues or even death! This one hour workshop is open to all business owners, chamber member or not, and the following will be discussed. In this one hour discussion business owners will discover: The shortcomings of protection with LLC’s and Corporations How using trusts with your business can enhance your privacy and will learn about asset
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