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Tax Treatment of Medicaid Asset Protection Trust and What Your Accountant Needs to Know

Tax Treatment of Medicaid Asset Protection Trust and What Your Accountant Needs to Know

The Medicaid Asset Protection Trust (“MAPT”) is a common trust used in New York which begins the process of protecting assets from long term care expenses (such as nursing home and home care expenses), avoiding probate, all while maintaining all relevant tax benefits such as the stepped-up […]

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Congratulations to our Woman of the Year

Congratulations to our Woman of the Year

We’d like to take a moment to congratulate Ida for receiving the Woman of the Year Award from the Associazione Culturale Italiana di New York. We thank the Association for recognizing all of Ida’s had work and dedication to not only the Italian American Community, but to […]

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Our Second Interview With Sandel TV

Our Second Interview With Sandel TV

Our main goal is to protect the wishes and assets of senior citizens.We ask that you trust us, a family owned business, to help you feel safe and protected with your assets that you worked so hard to get.  Watch our latest installment on Sandel TV. We […]

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Congratulations to Ida!

Congratulations to Ida!

Our very own Ida Como was recently sworn in as the new president of The Columbian Lawyers Association in Queens County. We’d like to congratulate Ida on her newest accomplishment! All of us here at Silvagni & Como know she’s the perfect candidate for the job because of […]

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What is a Guardianship?

What is a Guardianship?

Contrary to popular belief, family members do not have an automatic right to make decisions for an incompetent person. A Guardianship is a court proceeding in which the Court appoints a person to manage the affairs of a person who is incompetent or unable to handle their […]

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Factors impacting trust planning

Factors impacting trust planning

It is well established that living trusts are a good estate planning vehicle. Living Trusts can be used to achieve most of your estate planning goals. Trusts can be used to minimize estate and income taxes, avoid probate, and protect assets from Long Term Care Expenses such […]

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Gifts to Grandchildren

Gifts to Grandchildren

Gifting assets to your grandchildren can do more than help your descendants get a good start in life; it can also reduce the size of your estate and the tax that will be due upon your death. Perhaps the simplest approach to gifting is to give the […]

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What are my closing costs if I sell my home?

What are my closing costs if I sell my home?

Anytime you sell real property, you will incur closing costs. In this article I will try to briefly outline these costs. Closing costs should not be confused with Capital Gains Taxes, which are income taxes payable by a seller based on the seller’s profit and are reportable […]

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Watch Our Interview With Sandel TV for More Information About Us.

Watch Our Interview With Sandel TV for More Information About Us.

Our main goal is to protect the wishes and assets of senior citizens. We ask that you trust us, a family owned business, to help you feel safe and protected with your assets that you worked so hard to get.

Read more

The Perils of Online and “Do It Yourself” Wills

The Perils of Online and “Do It Yourself” Wills

In our digital age, many people are attempting to do their Last Will and Testament online or through a Do It Yourself (DIY) service. Unfortunately, the simple “fill in the blank” approach of online Wills is usually not the best way to protect your family and beneficiaries. […]

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GLENDALE, NY 11385

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Practice Areas

  • ELDER LAW
  • MEDICAID APPLICATIONS: HOME CARE
  • MEDICAID APPLICATIONS: NURSING HOMES
  • ESTATE PLANNING-WILLS AND TRUSTS
  • ESTATE PLANNING-POWERS OF ATTORNEY
  • ESTATE ADMINISTRATION AND PROBATE
  • CONTESTED WILLS AND ESTATE LITIGATION
  • REAL ESTATE
  • ITALIAN

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