Sitting down with a probate or trust lawyer to draw up a Last Will or a revocable living trust is the wise course of action when you are thinking about the future, even if your situation is relatively straightforward. If you assume that you can handle things on your own using very simple solutions you … [Read More]
Consumer Reports Advises Against DIY Estate Planning
Can you simply draw up your last will with the assistance of some type of do-it-yourself download or fill-in-the-blanks worksheet? The answer is that you can do it if you want to but the result may not be a very positive one. This is not just the opinion of a particular estate planning attorney. Most … [Read More]
Is Confidentiality Important to You?
Many individuals would like to keep their final affairs confidential for one reason or another. If you were to utilize a last Will to express your wishes and arrange for the transfer of your assets confidentiality would not be assured. This is because your estate must pass through the legal process of probate if you … [Read More]
There Is One Will You Definitely Need
Do you really need to execute a last Will? This may come as a surprise given the fact that it is coming from an estate planning attorney’s office but the answer is no. You do however need some type of vehicle of asset transfer. A last Will can serve this purpose, but you have alternatives … [Read More]
Sound Inheritance Planning Requires Attention To Detail
There is more to sound inheritance planning than simply designating certain percentages of liquid assets to be directed to your respective heirs. If you are like most people you have accumulated various personal possessions over the years, and some of these could have very significant meaning to your various family members. It is not uncommon … [Read More]
Estate Planning: Expertise Is Key
There are those who fall for the gimmicks floated by the Internet marketers with regard to do-it-yourself legal documents. This enters into the realm of estate planning, but if you truly want to be optimally prepared you are going to need professional guidance. Any time you are involved in a significant financial transaction you are … [Read More]
ILIT Three Year Rule
The Federal estate tax is something to be aware of when you are planning ahead for the inevitable. There is an exemption, but once you exceed it you are looking at an extraordinary rate of taxation. As of this writing the exclusion is $5.12 million and the maximum rate is 35%. Next year the rate … [Read More]
Pre-Nup: Cold, Or Merely Practical?
As we all know a significant percentage of marriages end in divorce these days and when you change your marital status you will invariably have to take care of some details. First of all, it is extremely likely that you are going to want to update your estate plan after you get divorced. Statistics indicate … [Read More]
When Does a Power of Attorney in Connecticut Terminate?
When Does a Power of Attorney Terminate? from [Read More]
Top Dog Breeds For Seniors
You don’t have to tell dog lovers just how valuable pet ownership can be. “Man’s best friend” has certainly earned this prestigious title, and though you may not immediately associate dog ownership with senior citizens the two can indeed make a perfect match. Owning a dog can directly improve specific areas of life that are … [Read More]
( By appointment only )