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 for surviving family members to engage in acrimonious interactions regarding property that has not been specifically earmarked for any one person. This is not always about the money; it is often because of the emotional attachment that a certain individual may have to a particular family heirloom.
Truly effective inheritance planning will involve taking matters such as the above into consideration. This can actually be a labor of love as you evaluate the things that you will be leaving behind and ask yourself who would appreciate each of them the most. There are even those who will take the time to explain their decisions in writing in an effort to share some heartfelt final messages.
With so many different factors to consider it is easy to overlook something when you are making plans for the inevitable. This is one of the reasons why serious minded individuals are always going to want to engage the services of a professional who will make sure that nothing is left undone.
Should you be interested in tapping into this type of expertise, take action right now to set up an appointment to speak with a good Hartford estate planning lawyer. Your attorney will gain an understanding of your unique situation and provide you with a personalized plan that is tailor-made to suit your needs.
Mr. Horowitz was awarded his Juris Doctor degree with honors from the University of Connecticut School of Law. While attending law school, Mr. Horowitz received the American Jurisprudence Award in Legal Ethics and the Nathan Burkan Award.
After graduation from law school, Mr. Horowitz continued his legal education at New York University School of Law where he received a Post Doctorate Law Degree in Taxation. He has also recently received a national achievement award.
Mr. Horowitz is admitted to practice before all the state courts in the State of Connecticut and the United States District Court.
Mr. Horowitz was selected for Super Lawyers in 2021.
- Can I Leave an Inheritance With Strings Attached? - February 2, 2023
- Are These Items Missing From Your Estate Plan? - January 17, 2023
- Advance Property Liquidation Can Streamline the Estate Administration Process - January 3, 2023
