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June 2007
 Greetings!
 
We have sent you this e-newsletter to keep you updated on the very latest in elder news headlines and provide you with some important information on elder law. Littman Krooks LLP is a firm dedicated to serving the needs of seniors and those individuals with special needs. Our attorneys specialize in elder law, estate planning, estate administration, Medicaid planning, special needs planning, special education advocacy and guardianship.
 
estate planning
 
Common Estate Planning Errors 
 
It is essential for individuals to address their estate planning sooner rather than later.  However, it is equally important to make sure that planning is done correctly.  More  
 
 
family 
Consider Putting Gifts to Grandchildren in a Trust
 
Gifting assets to your grandchildren isn't just a nice thing to do; it can reduce the size of your estate and the tax that will be due upon your death.  Grandparents can give their grandchildren up to $12,000 a year (in 2007) without having to report the gifts, and putting the money into a trust has some major advantages. More
In This Issue
Common Estate Planning Errors
Consider Putting Gifts to Grandchildren in a Trust
Receiving an Inheritance While on Medicaid
Receiving an Inheritance While on Medicaid
 
For most people, receiving an inheritance is something good, but for a nursing home resident on Medicaid, an inheritance may not be such welcome news. More  
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Interested in having an Attorney from Littman Krooks LLP speak to your group?  Please contact Nicole Garcia at 914-684-2100 or email us at info@littmankrooks.com.