Estate Planning | Making a Difference One Family at a Time

Medicaid and Medicare: What’s the Difference?

obtain eligibility. This is the most profound difference between the two programs from an elder law perspective. Qualifying for Medicaid Coverage Since Medicaid is only available to people who can prove that they are financially needy, there is a limit on countable assets. This limit is $2000 for an individual, but your personal effects and … [Read More]

Connecticut Probate: Is There Any Way Around It?

Joint tenancy is another way of describing co-ownership of property. If you were to add a joint tenant to property that you own, the joint tenant would own half of the property. After you pass away, the joint tenant would inherit the entirety of the property outside of the probate process. The probate avoidance angle … [Read More]

Five Trusts That Can Save You Money

estate planning attorney when you are devising your legacy plan. Taxation can be a major consideration for people who have been financially successful, and there are wealth preservation trusts that can be used to ease your tax burden if you are exposed to estate taxes. The first death tax that everyone in the country has … [Read More]

Hartford Golden Ager Newsletter Will Keep You Up To Date

Golden Ager Newsletter. This newsletter is produced by the town of East Hartford, and it is a great resource to tap into if you are a local senior citizen. The Top of the List There are a number of different elder law issues that are on the table at the present time, but without question, … [Read More]

Hartford Nursing Homes: Understanding Costs

long-term care around the United States. They have compiled statistics for every state, and they also have numbers for specific metropolitan areas. We practice law in Hartford, Connecticut. According to the study, in 2015, the average annual charge for a private room in a Hartford area nursing home was $160,600. If you are willing to … [Read More]

Can an Inheritance Disrupt Medicaid Eligibility?

special needs trust with your own funds if you want to leave an inheritance to a person with special needs. The same situation would exist regarding the ability of the trustee to make the beneficiary more comfortable with assets that are contained within the trust. However, any remainder that may exist after the beneficiary’s death … [Read More]

Four Colossal Myths About Estate Taxes

legacy for your loved ones to draw from after you are gone. This is a rewarding position to find yourself in as a senior citizen, but you do have to be aware of the potential impact of estate taxes. There are some misconceptions that people often harbor about taxes, and in this blog post, we … [Read More]