Rich New Yorkers Face a Nasty Estate Tax Surprise

If you’re a New York multimillionaire, you now have another incentive to stay alive.A change this month in New York’s estate tax, which was billed as tax relief for the wealthy, contains a hidden wrinkle that could leave some multimillionaires with a much bigger surprise Read More …

Careful, Thoughtful Drafting Essential In Estate Planning

On April 5, 2004, Ms. Ann Dunn Aldrich wrote her Will on an “E–Z Legal Form.” In Article III, entitled “Bequests,” just after the form’s pre-printed language “direct[ing] that after payment of all my just debts, my property be bequeathed in the manner following,” she Read More …

Medicare Seniors Like ObamaCare’s Team Approach

As the U.S. health care system moves away from fee-for-service medicine to more accountable care that uses a team of health professionals, seniors covered by Medicare say they are okay with these new models that include nurses, social workers and other allied health professionals in the Read More …

A Few Special Needs Trust Planning Tips: Planning for Children with Disabilities

Caring for a child with Special Needs can be a challenging responsibility. There are many steps that you must take in order to guarantee the well being of your child in the long run. By planning a long-term financial strategy, you can provide for your Read More …

State’s Medicaid program paid cheating dentists for questionable billings: report

A new federal report will be released Wednesday showing that shady dentists and orthodontists billed the state’s Medicaid program for questionable procedures on children. One dentist claimed to have provided one child 42 tooth fillings in a single visit. The state’s Medicaid program paid through Read More …

Surgeon bills Medicare $85M for ‘procedures he never performed’

He’s the Bernie Madoff of bariatric surgery. A fat-cat Long Island Gold Coast surgeon billed Medicare for $85 million for procedures he never performed — even claiming to have operated on two patients who had already died, according to a Brooklyn Federal Court complaint unsealed Read More …

Special Needs Trust and Planning for Children with Disabilities

If an individual with special needs depends on you for financial resources, your estate plan should address how that support will continue when you are no longer around. Proper planning helps to ensure that your child with special needs receives financial assistance in the future Read More …

Bronx pharmacy owners, druggist busted in $10 million AIDS Medicaid scam

The first of two suspects was arrested at the 184th Street Pharmacy. The Bronx pharmacist committed Medicaid fraud by doling out AIDS medication and buying prescriptions back The owners of the 184th St. Pharmacy and its druggist allegedly bought HIV medication back from AIDS patients Read More …