November 2024

Lawyer for Life. Keeping your family healthy, wealthy and wise.
 
 
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In PLR 202441015, the IRS granted a waiver of the 60-day rollover requirement to an IRA owner who was the victim of a fraud scheme. PLR 202441015 can be found by here.

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When we hear the word legacy, many of us think of money left to people and institutions that have come to mean the most to us over the course of our lives. But your legacy is much more than that. It includes your memories, values, wisdom, family history, and more that do not necessarily have monetary value. How can you pass those on to future generations?

You could begin by writing down, or making a recording of yourself sharing, stories about your parents, grandparents, and other relatives. Don’t just talk about where they lived and what they did for a living. Try to convey a sense of who your family members were, what was important to them in life, and the values they held dear.

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For many, an estate plan is created and never looked over again – until it’s necessary to do so. But did you know that you should really look at your estate plan as something that grows and changes with you?

Senior couple reviewing estate plan with their attorney.

Think about what has happened in your life since the last time you looked over your estate plan. Maybe you bought a new home, got married, or welcomed your second child. Each of these events demonstrates exactly why keeping your plan up to date is just as important as creating a well-designed plan in the first place – because life is full of beautiful changes.

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Houda in Ithaca, NY

Houda visited Ithaca, NY for the first time and was awed by the natural beauty of the region. Houda's parents lived in Ithaca in the 1960s and she was excited to visit their old neighborhood. There are more than 150 waterfalls in the Ithaca area and they are stunning! Taughannock Falls, with a drop of 215 feet, is the tallest free-falling waterfall east of the Mississippi. As they say, Ithaca is Gorges!

 

Olivia and Husband caught a fish in Florida.

 

Olivia visited her in-law’s house in Tampa, FL and caught a catfish off of their dock!

 

Yahne Speaking

 

The team hosted a successful open house on the 15th and Yahne raffled off prizes such as, a Whitehouse Christmas ornament, a bottle of wine made by her brother-in-law, and lunch with herself!