INSIGHTS
News & Client Information
Stay informed with the latest news and valuable insights from Morello Law Group, P.C., providing clients with essential updates and expert guidance on legal matters, financial planning, and more.
Ten Things to Consider when Hiring a Construction Contractor
Hiring the wrong construction contractor can become a disaster on several levels. However, even hiring the right contractor under the wrong terms can likewise become a major problem. Over the last 27 years of representing both contractors and homeowners in disputes, I have found that following basic rules when engaging a construction professional can eliminate most if not all problems.
2017 Estate, Gift and GST Tax Exemptions
Pursuant to IRS Revenue Procedure 2016-55, the 2017 Estate, Gift and GST Tax
exemptions are as follows:
Tax Planning: Update for Business Owners
We just completed a long, tumultuous presidential election, and the only thing that remains certain still is death and taxes. To a great extent, we do not know if and how a Trump presidency will affect the federal tax system. President-elect Trump campaigned on the promise of lowering the top corporate tax rate from 35%, to 15%. He also promoted the idea of allowing owners of small businesses the option to elect a flat tax of 15% on pass-through income.
Medicaid: An Overview of Benefits Planning
As an experienced estate planning and elder law attorney, I regularly assist clients who are preparing to incur the significant costs associated with receiving adequate medical care for our senior citizens. Further, I regularly witness the great concern that my senior...
Basic Trust Designs and Provisions
Revocable Living Trust Agreements (“Trusts”) offer many additional op- tions and benefits in comparison to other methods of wealth transfer at death... Read more View Original Source
Methods of Transferring and Owning Real Estate
Real estate is often one of the most valuable assets owned by individuals or businesses. As such, it is important to be familiar with various forms of ownership to determine how best to protect against lawsuits and nursing home costs,transfer the property most...
Challenges business owners contend with when transitioning the business to the next generation
The first step for business owners is to develop a comprehensive estate plan. A comprehensive estate plan includes a Last Will and Testament, Revocable Living Trust, Durable Power of Attorney (for financial affairs) and Patient Advocate Designation (for medical...
MEDICAID An overview of benefits planning
As an experienced estate planning and elder law attorney, I regularly assist clients who are preparing to incur the significant costs associated with receiving adequate medical care for our senior citizens. Further, I regularly witness the great concern that my senior...
Men of Distinction
Dedicated to his faith, family, and profession, the D Profile recognizes George Fekaris, Partner of Morello Law Group, P.C. as one of our 2015 Men of Distinction. Read the full article
Asset Protection Protecting your money, now and in the future
Asset protection (a fancy way of saying methods to protect your money and assets) is something that is on everyone’s minds. I constantly find that people want to know how they can protect their money from future creditor claims. They also want to know how they can...