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Understanding Market Changes:  What Homebuyers Can Expect in Today’s Market As we approach the end of 2022, it feels like we are also closing the chapter on the pandemic crazed real estate market. The intense buyer pool we saw over the last two years has dwindled because of inflation and high interest rates. During this…

5 Things To Know About Social Security Increases What the Upcoming Social Security Increase means for those who Collect. Starting in January, 2023, recipients of Social Security can expect to see an 8.7% increase in benefits. This is one of the largest increases since 1982. This increase comes as part of the cost-of-living increase and…

2021 ULSTER COUNTY SENIOR RESOURCE GUIDE The law firm of J&G, LLP introduces the ultimate Senior Resource Guide for active aging adults, caregivers, and their families who reside in Ulster County, New York. “We’ve crafted this guide to help active aging adults along with their families and their caregivers to identify and offer contact information…

2021 ORANGE AND SULLIVAN COUNTY SENIOR RESOURCE GUIDE Orange and Sullivan County Senior Resource Guide Now Available The law firm of J&G, LLP Introduces the ultimate Senior Resource Guide for active aging adults, caregivers, and their families who reside in Orange or Sullivan County, New York. “We’ve crafted this guide to help active aging adults…

IMPORTANT STEPS TO TAKE ONCE YOUR DIVORCE IS FINAL It is easy to feel stuck in limbo during a divorce, with various legal and practical limitations on how you can move forward in life. Once the divorce papers are signed by the Judge, however, there are a flurry of important tasks that need to be…

WHAT TO EXPECT WHEN EXPECTING A DIVORCE Separations take many forms. You may know that your marriage is in trouble, but are blindsided when served with divorce papers. Even if you are anticipating a divorce, not knowing what happens next can worsen what is already an emotional situation. Here are some brief answers to common…

DIVORCE BEFORE OR DURING RETIREMENT The rate of divorce among those over the age of 55 is increasing dramatically, having doubled since 1990. While the number of those getting re-married later in life is increasing, those in second marriages are also 2½ times more likely to get divorced. While all divorces bring their own challenges,…

How the New Tax Law May Affect Seniors For the 2018 income tax year, the fairly new Tax Cuts and Jobs Act (“Tax Act”) provides some important changes that will save seniors (or their accountants) money and aggravation while completing their 2018 income tax return. New Tax Brackets. To begin, the Tax Act keeps the…

Social Security Update Wage earners pay a percentage of their wages into the Social Security system. Those payments become part of the fund that is used to pay for people who have already retired, are disabled, or are survivors or dependents of workers who have died. Any unused portion of such payments become part of…

Things to Think About Before Retiring By Mark A. Krohn, Tax Attorney & CPA, J&G LLP Retirement is a major event in one’s life, and it should be a time you look forward to. But around half of all Americans aren’t looking forward to leaving the workforce forever — and money is a big reason…

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