Estate Planning Concerns for Young Professionals in Milford – Part II
April 28, 2015
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...
Read blogEstate Planning Concerns for Young Professionals in Milford – Part I
March 25, 2015
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...
Read blogThe Role of Milford Will and Trust Lawyers When You Move to a New State
March 18, 2015
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...
Read blogAn Milford Estate Planning Lawyer’s Advice Specifically for Women
March 12, 2015
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...
Read blogEstate Planning and Loss of Income in Connecticut
March 5, 2015
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...
Read blogConnecticut Wills and Trusts Lawyers See a Rise in Incentive Trusts
February 27, 2015
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...
Read blogEstate Planning for Unmarried Couples in Milford
February 12, 2015
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...
Read blogA Milford Special Needs Attorney’s Take on the ABLE Act and New Savings Opportunities for Disabled Individuals
February 4, 2015
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 …
Read blogMilford Estate Lawyer: Basics of Trust Administration
January 28, 2015
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...
Read blogHow Marital Status Affects Estate and Tax Planning in Milford
January 23, 2015
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...
Read blogAddressing the Need for an Elder Lawyer In Milford with the Senior in Your Life
January 16, 2015
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...
Read blogEstate Planning When You’ve Got Money But No Kids
January 7, 2015
To be fair, a huge part of a Milford estate planning lawyer’s job is to help parents determine how best to take care of their children once they are gone. In the case of minor children, this might revolve around choosing legal guardians, setting up educational trusts, and making sure there is someone to manage...
Read blogShelton Probate Lawyers Don’t Like Surprises
December 30, 2014
Sure, the typical probate lawyer in Shelton might like a surprise birthday party or an unexpected bit of good news, but when it comes to probate, the fewer surprises, the better. One of the main purposes of estate planning, after all, is to detail how an individual would like for things to proceed after his...
Read blogEstate Planning Bucket List for Those in Stratford
December 23, 2014
We’ve pretty much all heard about “bucket lists,” but that term can take on a little bit of a different meaning when you’re a Stratford estate planning lawyer. We deal with the reality every day that life is fleeting, and it’s our goal to help clients to maximize what they are able to leave behind....
Read blogTrumbull Elder Lawyer Weighs in on Conservatorships vs. Powers of Attorney
December 19, 2014
As an elder lawyer in Trumbull with considerable experience, certain questions are asked over and over again. One area that sometimes requires explanation is the difference between conservatorships and powers of attorney. Conservatorships for Elders Conservatorships come into play when an adult experiences some sort of issue that leads to a mental disability. Elder lawyers...
Read blogMilford Trust Lawyer: How to Protect Inherited IRAs From Future Bankruptcy
December 9, 2014
Milford trust lawyers are abuzz following a recent US Supreme Court decision that will have big implications for clients. The fact that these professionals keep up-to-date on legislation and court decisions that affect their clients is one of the most important reasons not only to hire an estate planning lawyer in the first place, but...
Read blogMilford Asset Protection Lawyer: How To Shield Your Wealth From Creditors and Judgments
December 4, 2014
In today’s litigious society, just about everyone needs some level of asset protection planning. Unfortunately, more and more people are using the legal system to deprive others of their life’s work. Whether you’re involved in a car accident, a mistake on the job, a business relationship gone sour, or you simply face unexpected financial difficulties …
Read blogWhat Happens to Your Assets in Connecticut When You Don’t Leave a Will?
December 1, 2014
You may not need a Milford estate planning lawyer to make a will (although that isn’t a wise decision), but what if you have no will at all? No one wants to think about their future demise, but death will be coming for all of us eventually. Without a will, what will become of your...
Read blogRobin Williams, ‘Affluenza’ and Your Milford Estate Plan
November 13, 2014
The death of beloved actor and comedian Robin Williams was a sad event for many, but those most struggling would be his children. Williams had an estate plan that was created in a way that worked to protect them from a multitude of issues—including what has been coined “affluenza.” This term refers to children of...
Read blogMilford Estate Planning: It’s Not About You
November 5, 2014
Of course, any Milford estate planning lawyer’s goal is to satisfy the client; but in the long run, a lot of estate planning is focused on those who are left behind. In creating an estate plan that disperses your assets in the way you want, you are creating a legacy and supporting your family, friends,...
Read blogMilford Trust Lawyer Says, “Plan Now To Avoid Becoming A Burden Later”
October 27, 2014
Milford trust lawyers help all sorts of people deal with the subject no one wants to talk about—what happens after you die. When your loved ones are grieving, it can be hard to devote proper time and energy to the details of your funeral and post-mortem affairs. If you plan some of this in advance,...
Read blogHow to Make Your Prenup in Trumbull Last Longer Than Your Marriage
October 21, 2014
Prenuptial lawyers in Trumbull wish that all marriages would stand the test of time. The sad truth, however, is that the majority of marriages really do end in divorce. While no couple should get married anticipating that this will happen, working out some prenuptial details is the best way to protect you and your spouse...
Read blogStratford Estate Lawyer: How Long Does Your Will Need to Be in Connecticut?
October 16, 2014
Any estate lawyer in Stratford will tell you that every person needs a will. Sure, the wealthy may have more assets to distribute, but pretty much everyone still needs to have their last wishes laid out in a legal document. Even if it is just to keep the peace within your family, a will is...
Read blogPlanning for the Future With a Shelton Special Needs and Guardianship Lawyer
October 7, 2014
Parenting isn’t always easy, and it’s even less so when your child has a disability. We all have dreams of our children reaching full independence, but sometimes, this just isn’t possible. Our children may have needs that go beyond what others require, special needs that demand specific planning in order to make sure that the...
Read blogBut I Don’t Live on a Connecticut Estate!
September 25, 2014
There’s this mistaken notion that estate planning lawyers in Milford often have to confront that the only people who need their services are the very wealthy. After all, the word “estate” conjures up images of mansions nestled among perfectly-manicured gardens alongside a garage filled with priceless automobiles. The average American simply doesn’t have an “estate,”...
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