Important update regarding CTA and BOI Reporting Requirements. (12/5/2024, 5:00pm EST) A federal district court, finding that the CTA is likely unconstitutional, issued an injunction barring FinCEN from enforcing the BOI filing requirements while the case is pending....
Polizzotto & Polizzotto Blog
What happens if an immigrant fails their naturalization tests?
Naturalized citizens have most of the same rights and responsibilities as natural-born citizens. They can help their loved ones immigrate. They can vote in federal elections. They can even run for certain political offices. Those who enter the country with visas or...
Does your insurance protect you against underinsured or uninsured drivers?
Nobody expects to be in a car crash, especially with a driver who does not have enough insurance or any at all. However, it is possible to prepare for these difficult situations with uninsured motorist coverage. What is uninsured motorist coverage? Uninsured motorist...
Navigating the intricacies of the New York estate tax
New York state has some unique and complex laws that people with estates valued in the millions of dollars need to understand so that they can navigate them successfully. New York is one of the minority of states that has its own estate tax. This is levied separately...
Demystifying the 7-Year Rule Myth in Medicaid Qualification
When planning for Medicaid, many individuals encounter myths and misconceptions, particularly concerning the look-back period. A common misunderstanding is the so-called "7-Year Rule," where many believe that Medicaid scrutinizes an applicant's financial transactions...
Who can seek guardianship of a vulnerable adult?
There are many scenarios in which guardianship might be necessary in New York. Perhaps parents who have a child with special needs worry about them aging out of crucial forms of support. Maybe adult children have watched their parent's decline in health in recent...
Biden Administration Opens Parole in Place Program for Undocumented Spouses and Stepchildren of U.S. Citizens
At a glance The Department of Homeland Security is now applications for a new parole in place (PIP) program for certain undocumented spouses and stepchildren of U.S. citizens. Applicants must submit USCIS Form I-131F and supporting documentation online. Paper...
3 types of family-based immigration only available to U.S. citizens
There are many ways to legally travel to the United States. Some people obtain visas related to their work or educational pursuits. Other people come to the United States because of their family relationships. Family-based immigration allows many people an opportunity...
PCDS requirements for residential sellers have changed
Individuals who want to sell a residential property in New York must ensure that they understand their responsibilities. For example, they must disclose specific information before a sale is completed. This enables a buyer to understand the actual condition of a...
How debt can affect probate proceedings in New York
There are many complicated matters that families need to address during probate proceedings in New York. The probate process begins by notifying the courts of someone's passing and empowering a personal representative to administer the estate. That personal...