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November 2007
 Greetings!
 
We have sent you this e-newsletter to keep you updated on the very latest in elder law news headlines and provide you with some important information on elder law. Littman Krooks LLP is a law 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. 
 
Bernard A. Krooks has been quoted in the November 12, 2007 issue of Forbes magazine.  The article is titled The Second Match and discusses issues relating to second marriages.
 
As always, your comments and questions are important to us. You may send them to info@littmankrooks.com.
Medicare
 
New Medicare Premium, Deductible, and Coinsurance Charges for 2008
 
The Centers for Medicare and Medicaid Services (CMS) has announced the new Medicare premiums, deductibles, and coinsurances. The standard Medicare Part B premium is increasing by 3.1 percent to $96.40 a month, the smallest increase since 2001. Click here to read more
charitable gifts
 
Charitable Gift Annuities: Making Your Generosity Pay
 
Would you like to make a gift to your favorite charitable organization and receive not only a sizeable tax deduction but fixed annual payments, a portion of which will be tax free, for life as well? You can, through a charitable gift annuity. Click here to read more
property tax 
Not Paying Property Taxes Can Lead to Loss of Home
 
Even if you have paid off your mortgage, you still have to keep on top of property taxes. As property taxes rise, this can be difficult, but falling behind on payments can have serious consequences. In addition to racking up penalties and fines, missing a property tax payment can cause you to lose your home. Click Here To Read More
In This Issue
New Medicare Premium, Deductible, and Coinsurance Charges for 2008
Charitable Gift Annuities: Making Your Generosity Pay
Not Paying Property Taxes Can Lead To Loss of Home
Social Security Benefits To Rise 3 Percent
 
social security
 
Social Security Benefits to Rise 2.3 Percent
 
The nation's roughly 54 million elderly and disabled Social Security recipients will get a 2.3 percent cost of living increase in payments in 2008. This is expected to raise the average monthly payment for the typical beneficiary by $24. The 2008 increase is down from the 3.3 percent bump recipients received in 2007. Click Here To Read 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.