COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. Not only has COVID-19 been challenging healthcare systems, but the social distancing required to combat the virus has also rocked financial markets. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more. … [Read more...] about Shrunken Asset Values Open Estate Planning Opportunities
During the creation of your estate plan, you will be required to make numerous decisions. Some of those decisions will seem relatively unimportant; however, others will have a direct impact on the success – or failure – of your overall estate plan. Among the more important decisions you will make are those that involve choosing a fiduciary. A Westport estate planning attorney at Nirenstein, Horowitz & Associates, P.C. explains the importance of choosing your fiduciaries carefully when … [Read more...] about Choosing Your Fiduciaries
The men and women who served the country in the United States Armed Forces, as well as their surviving dependents, are owed a debt of gratitude that can never truly be repaid. Although there is no way to truly repay veterans and their dependents for the sacrifices they have made, the government does try to acknowledge that sacrifice by providing a number of veterans benefits. Though you may already know about many of the benefits to which you are entitled, a Hartford veterans aid planning … [Read more...] about Are You Getting All the Benefits You Deserve as a Veteran?
An irrevocable trust can be one of your most important estate planning tools. There are many reasons why you may wish to create an irrevocable trust but there are also downsides that you should be aware of to this type of trust in addition to the advantages. If you are thinking of creating an irrevocable trust, you should talk with Nirenstein, Horowitz & Associates about what is involved in the process and how you can ensure that your trust document is legally valid and will provide the … [Read more...] about Why Do You Need an Irrevocable Trust?
When you get older, it becomes increasingly important to protect assets from nursing home care. Taking steps to secure your wealth is essential because you need to ensure that your money and property is not lost if you require care in a nursing home setting. As the Wall Street Journal explains, more than 70 percent of people who've lived to age 65 are going to end up needing to move into a nursing home at some point in time, so it becomes essential to ensure that you have planned for how the … [Read more...] about How Can I Protect My Assets From Nursing Home Care?
Medicaid attorneys can provide you with invaluable assistance in taking steps to get your healthcare costs covered as a senior. You need to ensure that you have a solid plan for affording healthcare because it can be very expensive to get the care you need as you age. In fact, Employee Benefit Research Institute (EBRI) estimated that a senior couple with a Medigap policy who is in the 90th percentile for prescription drug use will need around $370,000 to afford the costs of healthcare during … [Read more...] about What Can Medicaid Attorneys Do To Help You Cover Healthcare Costs as a Senior?
Westport estate planning lawyers at Nirenstein, Horowitz & Associates can provide personalized help to people of all ages and with all family situations in making certain that their loved ones are cared for. While everyone needs to have a plan in place in case they become incapacitated or in case they pass away, it is especially important for parents who have underaged children to put solid plans in place. Westport estate planning lawyers at Nirenstein, Horowitz & Associates can … [Read more...] about Why Parents Need Help from Westport Estate Planning Lawyers
Glastonbury estate planning attorneys at Nirenstein, Horowitz & Associates can provide personalized help with the process of making an estate plan. Many people find that the estate planning process is more complicated than they expected and that there are many more tools they can use than they were initially aware of to provide protection for themselves, their assets, and their families. This is why it is so important to work with a professional to get estate planning … [Read more...] about Glastonbury Estate Planning Attorneys Explain Common Types of Estate Planning Tools
Hartford trust lawyers can provide you with invaluable help with the trust creation process. Many people are not aware of the benefits of a trust and do not know when they should make one, so it is a good idea to talk with an attorney about whether a trust should be a part of a comprehensive estate plan that you create. At Nirenstein, Horowitz & Associates, our Hartford trust lawyers can provide you with insight into whether a trust is right for you. We can help you to select the best … [Read more...] about You Should Talk With Hartford Trust Lawyers in These Situations
A Medicaid attorney can provide you with help getting coverage for your care through means-tested Medicaid benefits. It becomes very important for people who are getting older to make a plan to get nursing home care covered, and often this plan involves making sure to be able to qualify for Medicaid. Qualifying for Medicaid in order to pay for a nursing home is often the only option to get this care paid for, other than paying out of pocket, because Medicare and most private insurers only … [Read more...] about New Budget Fails to Restore Medicaid Cuts in Connecticut