Uncategorized Archives • Tully law group

Thinking About Drafting a Will? Why Wait?

A Will is a legal document that specifies the designation of assets after an individual passes away and, among other (more…)

Cremation for Catholics?

For Roman Catholics, the Church, for the last 2,000 years, only permitted individuals to be buried with the hope of (more…)

Medicare Eligibility and Enrollment

Everyone becomes eligible for Medicare when they turn 65, but depending on each individual’s specific circumstances, how and when to (more…)

How to Protect Yourself from Financial Abuse

Elder financial abuse is becoming an epidemic. True Link, a financial services firm focused on seniors, estimates that nearly one (more…)

Long Island Estate Planning: Choosing an IRA Contingent Beneficiary

Have you named a contingent beneficiary for your IRA or other retirement account? An article on WealthManagement.com highlights the importance (more…)

How Electronic Advance Directives Compare to Print Versions

Electronic versions of your health care Advance Directives sounds like a more reliable way to store your documents, right? Unfortunately (more…)

How to Protect Yourself from IRS Scams: Part II

In a recent blog post, we warned readers about the IRS phone scam and provided tips to prevent yourself from (more…)

Adult Protective Services Keep Long Island Elders Safe

According to the National Center on Elder Abuse, reliable studies suggest that between 1 and 2 million Americans age 65 (more…)

2016 Estate and Gift Tax

For 2016 the estate and gift tax exemption has increased to $5.45 million per individual and $10.9 million for married (more…)

How to Protect Yourself from IRS Scams

The Attorney General has issued a warning for the latest IRS phone scam. Scam artists are posing as representatives from (more…)

Thinking About Drafting a Will? Why Wait?

How To Plan For Aging 2025