It’s important to have a plan. If you don’t have a plan, your state law dictates who gets your property and makes decisions for you. Read on to learn more about the prevalence of unexpected deaths and an example of what can happen without planning. Planning for the Unexpected … [Read more...]
Many Reasons to Plan
Each of us will die eventually. This article looks at how planning can make our passing easier for our loved ones. Specifically, this article looks at how planning can maintain privacy for your loved ones. Many Reasons to Plan … [Read more...]
Planning is Critical
It’s important to have a plan. If you don’t have a plan, your state law dictates who gets your property and makes decisions for you. Read on to learn more about a heart-breaking story of someone who didn’t plan and the consequences. Planning is Critical … [Read more...]
Trusts for Privacy
Trusts have many uses. Perhaps the most important is that they can provide privacy at death. Garry Shandling is thought to have used a trust to provide privacy for those he left behind. Trusts for Privacy … [Read more...]
Basics of Estate Planning: Privacy and Estate Planning
Privacy is important, especially in today’s world. Learn how estate planning can enhance or reduce your privacy. Read on to find out more. Basics of Estate Planning: Privacy and Estate Planning … [Read more...]
Download Our Report on Trust Administration
Trust administration is something to take into account when you are making preparations for the future. Creating a revocable living trust can indeed be a very useful alternative to a last will as a vehicle of asset transfer. One of the major advantages is the fact that these trusts enable asset distributions outside of the process of probate. When you use a last will to state your wishes the estate must be probated, and this can take a considerable amount of time. In addition, there are … [Read more...]
Probate in Connecticut: Can It Be Avoided?
Everyone has heard of the estate planning document called a last will. If you maintain personal ownership of your property and arrange for its transfer after your passing through the terms of a will, probate will be a factor. The process of probate in Connecticut is something to be aware of when you are planning your estate. Click here to read the whole article or download the PDF. … [Read more...]
Discuss Probate With Executor
You must be aware of the process of probate when you are planning your estate and take steps to prepare for it intelligently. If you think about it logically the typical individual who passes away may have taxes, debts and other types of financial relationships that are still outstanding. Because of this the powers that be must provide a forum within which these matters can be resolved before the heirs to the estate receive their inheritances. This is what the probate process is all about. You … [Read more...]
Simplified Probate Possible for Smaller Estates
There are a number of different reasons why experts advise people to think twice before they try to use DIY downloads to create estate planning documents like last wills. One of them is the fact that an estate must be probated in a particular jurisdiction after someone dies. During this process the local probate court supervises the administration of the estate. Every state is unique, and they have different probate statutes. As a result, if you live here in the greater Hartford area your last … [Read more...]
Probate & Trust Administration
Estate planning involves the execution of legally binding documents as we all know. However, there is also a human factor to take into consideration. When you pass away the documents that you executed are not going to do a thing until someone sets the wheels into motion. If you use a last will to state your final wishes the executor will be charged with the hands-on tasks involved in administering the estate. People who use trusts must consider the matter of trust administration. Someone must … [Read more...]
