Sometimes seniors find themselves owing past-due federal taxes they cannot afford to pay. Although notices from the IRS can be especially frightening, there are solutions. If the sum owed is less than $50,000, the IRS will accept monthly payments over five years. For example, if $6,000 is owed to the IRS, monthly payments of around…
Owe Back Taxes? The IRS May Grant You Uncollectible Status Read More »
Here at Rheinhardt & Bray we take pride in protecting not only senior citizens, but our community. This month our president, Jeffrey Rheinhardt, purchased four Knox Box Rapid Entry Systems and donated them to the Ilion Fire Department. As a local resident of Ilion, Jeff says he believes that it can provide the seniors in
Jeff Rheinhardt Donates Four Knox Boxes to Ilion Fire Department Read More »
Trusts 101 Seminar – July 29th 8:30am-4:40pm When assessing complex information, it often helps to break items into basic building blocks. The same approach can be successful when dealing with asset protection. Be prepared for specific challenges associated with various types of trusts by understanding their unique characteristics. Our intensive full-day primer will provide you
Jeff Rheinhardt featured in Upcoming July Trusts Seminar Read More »
Elder law attorneys are lawyers who specialize in helping seniors with a variety of legal issues. The specialty of “elder law” evolved in the 1980s as it became increasingly clear that the complicated legal issues confronting seniors — in particular qualifying for Medicaid coverage of nursing home care — were beyond the expertise of general-practice
What Is An Elder Law Attorney? Read More »
Gifting assets to your grandchildren can do more than help your descendants get a good start in life; it can also reduce the size of your estate and the tax that will be due upon your death. Perhaps the simplest approach to gifting is to give the grandchild an outright gift. You may give each
What Is The Best Way to Give Money to My Grandchildren? Read More »
Ilion, NY (April 2, 2012)- When talking about estate and long-term care planning, a frequent question people ask is “how long should I keep financial records?” Jeff Rheinhardt, attorney with Rheinhardt & Bray, PC, an elder law and estate-planning firm with offices in Ilion and Rome, says it depends. “I hate to sound like a
Tax Season Stirs Up Common Questions On Record Keeping Read More »
Is seems right that they should go together. Unfortunately older Americans and elder law do not go together as often as they should, according to Jeff Rheinhardt of the Ilion elder law firm, Rheinhardt & Bray, PC. So what are the reasons most cited for not seeing a lawyer? One reason is because people are
May is Older Americans Month and also National Elder Law Month Read More »
Christopher R. Bray of Law offices of Rheinhardt & Bray, P.C, has joined the National Academy of Elder Law Attorneys, Inc. ( NAELA). Membership in the academy is open to licensed attorneys who are practicing in the area of Elder Law or who are interested in legal issues pertaining to the elderly. Established in 1987,
Attorney Joins National Academy Read More »
Ilion, NY- For many of us, a time comes when the “writing is on the wall” regarding the need for long-term care. A spouse or parent begins to experience declining health or cognitive impairment. They are able to stay at home, at least for the time being, only because the other spouse or child is
A Critical Time to Plan Read More »
You have decided that an irrevocable trust is an appropriate choice for you for estate and long-term care planning. You have an idea of how much of your estate you want to transfer to your trust but are not sure what assets are the right ones. Although everyone’s circumstances and goals are unique, for most
Funding Your Irrevocable Trust Read More »
