For the seventh consecutive year, I am thankful to have been selected by my peers for inclusion in The Best Lawyers in America© 2021 in the practice area of Elder Law. Also, the Law Office of Stephen J. Silverberg, PC, has been recognized by Best Lawyers® as a Best Law Firm since 2015. First published […]
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Stephen J. Silverberg Named to Executive Committee, Estate Planning Council of Nassau County
I am pleased to share that I have been named as a member of the Executive Committee of the Estate Planning Council of Nassau County. I encourage others in the estate planning world – attorneys, accountants, financial advisors, and trust officers – to get involved with the Estate Planning Council. We elevate the work we […]
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Today is the 55th Anniversary of Medicaid and Medicare
On July 30, 1965, President Lyndon B. Johnson signed into law legislation that established the Medicare and Medicaid programs. For 55 years, these two programs have protected the health and well-being of millions of American families, saving lives, and improving the economic security of our nation. It was controversial at the time, but it wasn’t a new […]
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How Do the New Rules for Community Medicaid for Home Care Work?
While October 1, 2020 may feel like it’s a long way off, it will be here before you know it. October 1 is the date when a host of new rules go into effect regarding Medicaid home care and all community based long term care services. It is essential to plan now if this is […]
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Get Your Important Documents, Including Advance Directives, Ready Now
There has never been a time in our lives when the need for an estate plan has been more critical. The sheer numbers of people who have died from COVID-19, in our community and worldwide, is something we have never witnessed. And while it may have seemed at first that the elderly were the most […]
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Legislative Update: Paycheck Protection Flexibility Act
The Paycheck Protection Flexibility Act was signed into law on June 5, 2020. The new legislation modifies the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Here are the details: Extension of loan utilization period. Originally, the PPP required borrowers to spend their full loan within eight (8) weeks after the loan originated. This was […]
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We are Open to Serve You, Safely
Our office moved seamlessly to working remotely in March because the firm’s systems were designed to allow attorneys and staff to work in the office, at home, or anywhere. Investing in technology has always been a high value at the firm, and when New York State was “paused,” our clients benefited from our ability to […]
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What Are The Benefits Of Naming A Corporate Fiduciary?
Many individuals who establish trusts choose to name a close friend or relative as trustee. However, there are many situations where naming a corporate fiduciary is a far better alternative. Acting as a trustee requires that the person have a good background in finance and tax. Failing that, the liability of making poor financial decisions […]
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It’s Time To Have “The Conversation” With Your Loved Ones – Today
If you haven’t had “the conversation” with your adult children, it’s time. For adult children, this is the conversation that closes a circle that began when your parents had a conversation with you about an important life event. For aging parents, this is the conversation that you may dread – but you will be giving […]
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A Lesson from World War II
On May 8, 1945 – VE Day, The Wall Street Journal published a letter to the editor from Charles B. De Chesne, of San Antonio, Texas. This letter shows how history repeats itself. Two excerpts stand out: “The frenzy of an all-powerful Executive run amok, the Utopian nightmare of a super-planner, the bloody cavalcade of […]
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