One of the important things to discuss with your Milford estate planning lawyer is the topic of your IRA.  Because estate planning lawyers work so extensively with these plans, they can usually offer insight into how best to utilize them.  For many people, the IRA will be left to their beneficiaries, and if done right,...

In order to ensure proper use of funds, Milford special needs planning lawyers help their clients choose a trustee.  This person is put in charge of the Special Needs Trust, and instead of providing money directly to the beneficiary (the child with special needs), the trustee will usually pay directly from the trust to service...

One of the most common issues that Milford elder law attorneys deal with is how to help clients when it comes to both short-term and long-term care.  Folks are living longer than they ever have before due to advances in both healthcare and technology.  Certainly, this is what people have been hoping would happen for...

New Haven County probate lawyers have a pretty complex job to do, and it can be even more difficult because of the fact that many people don’t really even know what the probate process is.  This isn’t all that surprising, as by the time a person needs probate, it’s because he or she has passed...

Will and estate lawyers in Milford are charged with a number of tasks when it comes to wealth management, retirement planning, and setting up wills and trusts.  For the most part, clients are concerned with their money and other assets, which makes sense.  After all, no one really wants to pay more taxes than are...

It seems that nearly everyone is interested in the lives of the British royal family, and now estate planning lawyers have theirs piqued, too.  In September, Prince Harry—Princess Diana’s youngest son—turned 30.  With his birthday came access to the rest of his inheritance from his late mother.  It’s not his birthday that is of such...

Will and estate lawyers in Milford are becoming intimately aware of their clients’ financial situations, and it’s just a fact of life that many people have considerable debt.  Whether it is the person setting up an estate plan or one who has inherited from it, there are often questions regarding what happens to that debt. …

Milford estate planning lawyers eat, sleep, and breathe estate planning and see pretty much  every kind of situation unfold.  Clearly, individuals who have taken the time to create a solid estate plan nearly always fare better than those who do not.  Still, there are a whole lot of myths and misunderstandings floating around that stop …

Connecticut business attorneys see again and again how folks underappreciate just what they can do to protect their businesses through estate planning.  After spending years building a solid business, it should almost go without saying that you want to protect what you’ve created.  One way is to work with a business planning attorney to create...

The practice of medicine is a profession fraught with liability. It’s not just medical malpractice claims either – employment related issues (wrongful termination, sexual harassment, and discrimination), careless business partners and employees, and contractual obligations (personal guarantees, leases, business agreements, etc.) add to the increased risk assumed by a physician in private

So, you and your Milford estate planning lawyer have put together a great plan for you. Congratulations! You are ahead of the majority of the population already. Keep in mind, however, that even though the hard part is done, there is some maintenance that you and your attorney will want to do from time to...

Generally, we hear about prenuptial agreements when a celebrity split is splashed across the tabloids.  What you don’t usually hear about are the Milford prenup lawyers who are charged with making sure the stars are covered in the case of a high-profile divorce.  We may not have a lot of famous folks here in Milford,...

For those who love their stepchildren as their own, it may come as a surprise that this bond isn’t enough when it comes to estate planning in Connecticut.  Because of the laws of inheritance, stepchildren do not automatically inherit when a stepparent dies. Let’s say you’re creating your estate plan, and you stipulate that your...

As our lives become increasingly digital, more and more of the assets we accumulate are based in technology or created online. Estate attorneys in Milford have the important job of educating their clients on how to handle “digital assets” in the event of a person’s death or incapacity, and then helping the client document such...

In the previous part of this series, we looked at three of the documents that a Milford estate planning lawyer would most recommend for a new, young professional: Beneficiary Designations Financial Power of Attorney Medical Power of Attorney There are two other must-have documents for the young professional, however. Last Will and Testament Beneficiary Deed...

Part I of a two-part piece looking at the most important estate planning documents for young professionals. Milford estate planning for young professionals?  Perhaps nothing about the word “young” makes you think of the need for estate planning.  The truth is, however, that those folks who have recently graduated from school and into the world...

Trusts lawyers in Milford have the important job of helping their clients create a legacy that is compliant with a number of different laws.  For the most part, these laws will vary from state to state.  Some differences are minor, while others can impact the trust significantly.  Someone who already has established a trust in...

A good Milford estate planning attorney is going to help you take a lot of things into consideration when putting together your plan.  Various factors influence your estate planning after all:  finances, children, age…But what about your gender?  Is estate planning for women different than it is for men? Actually, there are some important things...

Many people visiting their will and estate planning lawyers in Milford are unprepared for the news that their income might change drastically with the death of a spouse.  For example, the spouses of veterans are often surprised to find that VA benefits can end when the veteran passes away.  Unfortunately, this is something that sneaks...

As growing numbers of people in Connecticut are realizing that they can have more of a say in how their estates are used after they have departed, the use of incentive trusts has increased as a result.  Parents especially are directing their trusts lawyers to add guidelines and stipulations that need to be met in...

While married couples are most obviously in need of the services of an estate planning lawyer in Milford, unmarried couples may actually need it more.  It’s a pretty well known fact that when a married spouse passes away, the other will likely inherit a considerable portion of the estate, simply by virtue of the legal...

Thanks to a new law passed in Congress last month, disabled individuals will no longer have to choose between saving a small nest-egg for future care expenses or preserving long-term eligibility for low-income benefits such as Medicaid or Supplemental Social Security Insurance (SSI). Under the Achieving a Better Life Experience (ABLE) Act, individuals with disabilities …

Wills and trusts administration is an interesting aspect of estate planning law, and one that has a really important impact on the beneficiaries of an estate.  Generally speaking, a lawyer in Milford who does wills and trusts administration will offer a variety of services. Administration with a Will When the deceased has left behind a...

Who can get married and who can’t is an issue that estate and tax lawyers in Milford are following closely.  Beyond social and religious meaning, marriage brings with it certain rights and benefits.  A person’s marital status affects so many legal aspects of life, all the way through who will inherit property after death. Tax...

The choice about whether or not to hire a Milford elder lawyer is one that is not to be taken lightly.  Unfortunately, it’s a topic that can cause a lot of anxiety both for the senior and for his or her adult children.  There are multiple reasons that it’s an uncomfortable conversation to have.  Of...