Elder law attorneys are becoming increasingly concerned about the high cost of long-term care. If you wanted to spend a year in a private room in a nursing home in Connecticut it would set you back over $100,000 on average. And of course, people sometimes stay longer than a year. Assisted living communities are also … [Read More]
Problems With Joint Accounts
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]
Medicaid Planning FAQs: Should I Give My Child My Home?
Hartford CT Medicaid Planning. [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]
Connecticut Elder Law Resources
The elder law community focuses on legal issues that are of interest to people who have reached an advanced age. Without question, the best way to prepare for the eventualities of aging is to sit down and discuss everything with a licensed Connecticut elder law attorney. You are entering uncharted waters when you start to get … [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]
Where Is My Social Security Statement?
You have to be apprised of your anticipated future income if you want to plan ahead for retirement intelligently. Different people have different capabilities, but the fact is that Social Security is going to be very important to the majority of individuals who are making retirement plans. And even if you are not going to … [Read More]
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