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]
What Is a First Party Special Needs Trust?
Hartford CT Special Needs Planning. [Read More]
Complimentary Report: What is a Power of Attorney in Connecticut?
There are different types of powers of attorney, and one of them is the general power of attorney. If you grant someone a general power of attorney, you are giving this individual the ability to act on your behalf in a comprehensive manner. The agent can do virtually anything that you can do for yourself. … [Read More]
Veterans Special Pension Look-Back Period Proposed
The Medicare program does not pay for long-term care, and given the fact that it is extraordinarily expensive this is a challenge for many senior citizens. However, Medicaid will pay for a stay in an assisted living community or a nursing home if you can qualify. There is an upper financial resource limit of $2000 … [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]
Complimentary Report: What Is Connecticut Grantor Retained Annuity?
Click here to read the whole article or download the PDF. [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]
Living Trusts: A Brief Look At The Advantages
When you engage the services of a good Hartford estate planning lawyer your attorney is going to fill you in on all of your options and make recommendations based on your unique situation. When you hear all the details you may find that you would benefit from the creation of a living trust as a … [Read More]
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