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August 2019

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Estate planning may be something you only associate with older adults – those with families that span multiple generations, retirees who have accumulated wealth from work and various retirement and investment plans, or elderly individuals who require assistance through at-home care or nursing homes. But estate planning can be beneficial to young adults as well. The following tools can help an individual plan for many different occasions, no matter what age. If there is an accident that causes incapacitation, most young adults would want their parents’ or spouse’s...

June 15th is World Elder Abuse Awareness Day (WEAAD). An estimated 1 in 10 Americans over the age of 60 have experienced some form of abuse or mistreatment. WEAAD was created in 2006 to promote a better understanding of elder abuse and educate individuals on how to identify, address, and prevent abuse in the future. Elder abuse can take many different forms – physical, verbal, emotional, sexual, financial exploitation, or neglect. There are various warning signs that can help individuals identify when an elderly loved one is...

Photo by Sharon McCutcheon on Unsplash Is it a gift or a loan? Different requirements and issues are raised depending on how this question is answered. If it’s a gift . . . Most gifts do not require paperwork or IRS Forms to be filled out. In fact, presently individuals can gift up to $15,000 per recipient per year without paying any gift taxes, and married couples can combine their gifts and give up to $30,000 per recipient per year. Any amount over that $15,000 means the...

Today, April 16, 2019, our firm, along with other national, state and community organizations, is taking part in a massive effort to highlight the importance of advance healthcare decision-making — an effort that has culminated in the formal designation of April 16th as National Healthcare Decisions Day (NHDD).  We have been supporting our clients’ healthcare wishes for more than ten years by providing comprehensive estate plans that include the healthcare directives that clients need in a medical emergency. These documents can...

The Law Office of Matthew A. Ferri would like to congratulate Nash on achieving his therapy certification. As a therapy dog Nash will be able to visit hospitals, nursing homes, schools, and other facilities to help people take the time to “paws awhile for love.” We are excited for him to meet our clients and friends. Here he is resting after the test! ...

After we now have passed Chinese New Year, it’s a great time to check in with yourself on how you are doing with your New Year’s resolutions. You would not be alone if you haven’t stuck with them as much as you would have liked to – studies have shown most individuals don’t keep their resolutions for the entire year, and some don’t make it past the beginning of February.  But before you say, “well there’s always next year” you can...