On March 18, 2020, the New York Appellate Division, Second Department affirmed the decision upholding the proposed guardian selected by Korsinsky and Klein, LLP in a highly contested guardianship proceeding brought on behalf of its client. In addition, the appellate court affirmed the decision by the lower court that revoked the health care proxy and power of attorney of a sibling. » Read More
The Treasury and Internal Revenue Service announced on March 18 that taxpayers can delay paying their income taxes for up to 90 days, which includes income taxes up to $1 million.
Korsinsky and Klein, LLP is monitoring these changes closely and understand the confusion that clients may have regarding the new tax filing procedures. » Read More
On March 5, 2020, the New York State Department of Health issued and posted GIS 20 MA-03: “Clarification of GIS 19 MA/04, “Clarification of Policy for Treatment of Income Placed in Medicaid Exception Trusts” with an effective date of March 3, 2020. The GIS states:
“The purpose of this General Information System (GIS) message is to inform local departments of social services (LDSS) of a clarification to GIS 19 MA/04, » Read More
New York now has numerous confirmed cases of coronavirus (COVID-19), a highly contagious respiratory infection that has been spreading worldwide. While experts say the risk of infection is relatively low, there are some populations that may be more vulnerable, including seniors and people with pre-existing conditions. As officials work toward a solution to this threat, adults should take this opportunity to ensure that their estate plans are up-to-date and include advance directives. » Read More