Your estate plan offers you a unique opportunity to protect and provide for your loved ones, manage and protect your material wealth, and ensure that your own wishes are honored as you age. Giving everything your estate plan can do for you, your choice of attorney takes on a heightened importance. The estate planning attorneys at Nirenstein, Horowitz & Associates, P.C. realize the important choice you make when you select an estate planning attorney and we would be honored to be chosen to help you create, or update, your Darien, Connecticut estate plan.
The Town of Darien, Connecticut can be found in the southwest corner of the state, about 40 miles north east of New York City. The town covers almost 15 square miles and was home to 20,732 as of the 2010 Census.
As was the case in neighboring towns and cities, European colonists began clearing land in Darien around 1650. It wasn’t until 1737, however, that the area became known as Middlesex Parish and was incorporated as the Town of Darien in 1820. The town’s name has an interesting history. According to local lore, residents of the town could not agree on a name when the town was incorporated, with many families lobbying for the town to be named after them. It wasn’t until a sailor who had to Isthmus of Darien, then part of the Spanish Empire, suggested the name Darien that the townspeople agreed on a name.
Following the Civil War, the advent meant that Darien became a popular location for wealthy New Yorkers to build summer homes away from the rapidly growing Big Apple. The influx of new residents led to significant growth in the small farming community. Throughout the 20th century and into the 21st century Darien continued to attract affluent residents. In 2018, data from the American Community Survey revealed that Darien was the wealthiest municipality in the United States. In 2010, Darien was listed at #2 on CNN Money’s list of “top-earning towns” in the United States, while Bloomberg’s 2019 “America’s 100 Richest Places” ranked Darien in the top 10.
Darien remains a bedroom community to nearby New York City with many residents making the daily commute to Manhattan. Residents and visitors alike enjoy the town’s eleven parks, two public beaches, three country clubs, and Noroton Yacht Club.
Nirenstein, Horowitz & Associates, P.C. in the Darien, Connecticut Community
Estate planning involves much more than just deciding what will happen to your assets when you are gone. A well thought out estate plan should also protect those assets and help them grow while you are alive as well ensure that they continue to provide for your loved ones when you are gone. At Nirenstein, Horowitz & Associates, P.C. we are dedicated to creating lifelong relationships with our Darien, Connecticut clients so that we can help you create a plan that accomplishes all your goals.
Creating an initial estate plan when you are young is important; however, the ultimate success of that plan often depends on reviewing and revising that plan in the years to come. That is one of the many reasons why we place such an emphasis on creating lifelong relationship with out clients. Initially, your estate plan may rely entirely on a Last Will and Testament to distribute your estate assets because your primary goal is to avoid leaving behind an intestate estate. As you build up your assets, and add to your family, that initial estate plan will also need to be updated to account for your expanding goals and needs. If you marry, you may need to change both beneficiary and fiduciary designations within your plan. Becoming a parent may prompt you to create a trust to protect the inheritance you plan to leave behind for your minor child. Incapacity planning and probate avoidance may also become important secondary goals within your estate plan. As you contemplate your retirement years, the need to incorporate Medicaid planning into your comprehensive estate plan will likely become clear as a way to offset the high cost of long-term care without putting your assets at risk. Finally, if you hold strong beliefs about end of life medical care you may wish to execute an advance directive to ensure that those beliefs will be considered and your wishes honored when the time comes.
Our goal at Nirenstein, Horowitz & Associates, P.C. is to be with you throughout your life’s journey and help ensure that the people and things that are important to you are protected at all times.
If you have additional questions or concerns about estate planning, or wish to get started on your plan, contact the experienced Darien, Connecticut estate planning lawyers at Nirenstein, Horowitz & Associates, P.C. by calling (860) 548-1000 to schedule an appointment.