Sonya Mittelman

09/03/2022

If you saw a review on this page for a Catherine Albert. I have no business or personal connection to that person

04/02/2020

Pretty sure everyone is seeing those do a will in 10 minutes ads Please do not, it ain't instant soup. If you are really worried they are fine for now, but have a qualified attorney review and if needed redo once this ends

03/30/2020

Congress Waives Required Minimum Distributions

The CARES Act ( the "Act") waives the required minimum distribution rules for certain defined contribution plans and IRAs for calendar year 2020. This provision provides relief to individuals otherwise required to withdraw funds from such retirement accounts.
This also includes individuals who turned 70 1/2 in 2019 but elected to defer their initial distribution to April 1, 2020. If an individual has taken their RMD, they can redeposit it if sixty days have not elapsed since the date of the distribution.

Hardship IRA/401(k) Withdrawals
The Act will allow coronavirus related withdrawals from their 401(k) and IRA accounts up to $100,000 during 2020 and avoid the normal 10% penalty for those not of the required minimum age of 59.5.
Reasons for Coronavirus related withdrawals include
(1) An account owner diagnosed with COVID-19, or
(2) A spouse or dependent is diagnosed with COVID-19, oe
(3) An individual who experiences adverse financial consequences because of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to the coronavirus, or
(4) closing or reducing hours of a business owned or operated by the individual due to coronavirus, or
(5) or other factors as determined by the Treasury Secretary.
You are still required to pay income taxes but don't have to pay the full amount in one year. You can spread that tax due over three years. Another option is to redeposit the withdrawn amounts back within three years.

Treatment of Charitable Deductions.
Generally, taxpayers must itemize their deductions to take advantage of charitable deductions. This itemized deduction requirement is eliminated for charitable deductions of up to $300 for most contributions for the 2020 tax year. Note that not all charitable deductions are eligible for this treatment. Specifically, charitable contributions made to a private foundation or donor-advised fund, are not eligible for the above-the-line charitable deduction.

Read more here: https://bit.ly/2Ux2DwV

01/31/2020

This is why you are extra careful who you pick,its a respondabilty not an honor

The executor, her niece, described turmoil within the family in announcing her intention to step down.

12/30/2019

The 2014 Ice Bucket Challenge raised millions of dollars for ALS, a fatal neurodegenerative disease. While the social media wave gave new life to ALS researc...

12/20/2019

Yes please retain a qualified elder law attorney before you start, His/her fee may sound " high" but peney wise = pound foolish

If you’re relying on family and friends for Medicaid advice, you’re probably getting a lot of misinformation. Read six of the most common Medicaid myths to see how they can affect your or a loved one's care.

12/17/2019

These life changes may mean it's time to update your will

12/16/2019

This canbe the bset of both worlds, wewant family but noone canafford to give up his/her pay,

We make the application & payment process easy!

12/05/2019

Making sure you have the right estate planning documents is one of the simplest ways to have a positive impact on your family's future. Proper planning ensures that your wishes will be followed after you are gone.

11/26/2019

about time, not a comment on his campaign, but viewing long term care as a public issue is long overdue

Democratic presidential hopeful Pete Buttigieg proposes an ambitious long-term care reform plan, including public catastrophic insurance for those over 65.