Why Does Business Succession Planning Matter for Company Owners? Business succession planning refers to a conversation and set of strategies around the financial and logistical decisions about who will take over your company at the time you pass away, suffer a disability, or retire. No matter how your exit from the company comes about, it’s …
Are Your Retirement Plans SECURE Friendly? Did you previously sit down with an attorney to discuss your retirement plans and the most effective strategies for passing these on to your loved ones? Given updates in new federal laws known as the SECURE Act (Setting Every Community Up for Retirement Enhancement Act), that could significantly impact …
Roth IRAs Are Surprisingly Flexible Retirement Planning Tools Many investors wonder whether they should put retirement savings into a traditional IRA or a Roth IRA. The following facts about Roth IRAs may surprise you and influence your decision. Can Roth IRA Contributions be Used in an Emergency? The goal of an IRA, of course, is …
For many estate planning clients, their retirement account represents the majority of their wealth. Typically these accounts are held in “tax qualified plans” such as a 401(k), or an IRA. Because they are not subject to income tax until withdrawn — typically at age 70 1/2 — they provide the ability to accumulate large amounts of wealth during one’s lifetime. In addition, …
Generally, if you are domiciled in the United States (US) at death, your estate is subject to US estate taxes. The determination of domicile is subjective. If you are a permanent resident, however, and have a green card, you will undoubtedly be considered domiciled in the US. But does that mean that you are treated the same as a …
Many people still believe that Medicare will cover all of their healthcare needs after the age of 65. Although Medicare covers much of one’s general health care, if you need to move into a nursing home, only a portion of the first ninety days of your stay will be covered. So how do you pay …
Cliff takes the time to get to know the client and their situation so that he can apply his extensive expertise and help each person with their individual needs. You can tell that he cares.
We used Attorney Cohen for the planning of my mother's estate. He was extremely thorough and able assist in all areas of need. We would highly recommend him for estate planning.
Attorney Cohen is well versed in his field and provides prompt, highly personalized "white-glove" service in the areas of wills and trusts, with specific focus on providing necessary legal services for the elderly.
Mr. Cohen provides very friendly, personalized, professional, through and responsive will / trust services at reasonable rates. I strongly recommend Mr Cohen to anyone requiring such services.
I feel very lucky to have found Cliff Cohen as my Attorney. He has helped me understand my late husband's Will and Trust and prepared mine. He also resolved some other family issues. I am always very pleased with his advice and I recommend him to everyone
Mr. Cohen helped my parents with their estate planning. He was very thorough, thoughtful and showed a great deal of patience throughout the entire process. He made my parents feel confident that their financial affairs are now in order. Thanks again Mr Cohen for your amazing...
Cliff Cohen has been my parent's estate planning attorney for many years now. I have only had the pleasure of meeting him the past few meetings as my folks have gotten much older and require more of my care. It is such a relief to know they are in such good hands with Mr. Cohen...
I used Cliff's legal services for writing a Will - something I avoided for years. Cliff made it easy and understandable. He endeavored to understand my needs and wishes. The legal documents Cliff delivered were exactly what I wanted and I felt well taken care of.
So, so grateful to you for helping to take care of my parents and their estate. I'm so glad they found you many years ago and appreciate all you've done and how you're always there whenever we have questions! Thank you a million times over!
Cliff Cohen has provided very valuable insights on estate planning and elder law as my husband and I dealt with family issues and as we now approach retirement. We highly recommend his legal services.
I am extremely pleased to say just how unbelievably wonderful it has been for my wife and I to work with our attorney, Cliff Cohen, on complex subjects involving wills and trusts for our family. Andi and I were expecting to endure hours and hours of stressful “legalese” language...