Trumbull Special Needs Lawyer Offers Practical Tips in Setting Up a Supplemental Needs Trust
April 19, 2013
If you have a family member with special needs, it is important to factor him or her into your estate planning. In fact, there are “special needs trusts” or “supplemental needs trusts” which can be created specifically for this purpose. Working with a special needs lawyer in Trumbull, CT is the best way to make...
Read blogMilford Newlywed Planning for a Better Financial Future – A Few Simple Things to Do
April 17, 2013
Entering the newlywed planning stage here in Milford is incredibly exciting. Sure, there are dresses and tuxedos, cakes and wedding registries, but more importantly, you are starting your life with someone else. And you want that life to be as comfortable and “successful” as possible. That’s why finances should play a part in your newlywed...
Read blogEstate Planning for Single People in Milford
March 1, 2013
Do single people need a will or trust attorney? Yes! Really, “yes” is the only answer that’s really needed, but we’ll go ahead and create a whole blog post to offer some insight as to why estate planning is important for singles and not just for families. One of the most important reasons for a...
Read blogFiguring Taxes and Gifts into Your Milford Estate Planning
February 25, 2013
There are a lot of important reasons to spend time working with an estate planning lawyer in Milford. In addition to making sure your wishes are clearly defined and legally valid, there is also the issue of saving your beneficiaries from paying excessive taxes on what they inherit. In estate planning circles, the story of...
Read blogTrust and Estates Attorney in Milford Answers, “How Much Do You Need to Save for Retirement?”
February 25, 2013
If you’re like 70% of people in the US who have a retirement plan, you still haven’t worked with a professional such as a trust and estates attorney in Milford in order to determine how much money you really need to save. A recent study found that only about 30% of this group has actually …
Read blogA Milford Estate Attorney’s Advice Regarding Your Home
February 25, 2013
It is clear to estate attorneys in Milford that the most valuable asset for many local residents is their homes. First of all, there is no way to put a price on the emotional, historical, and personal value of your home. From house shopping to paying the mortgage every month to having a safe place...
Read blogEstate Planning Trends In Milford Include Travel Trusts
February 25, 2013
Trust lawyers in Milford see how trends come and go in the field, and an interesting new one has been showing up increasingly in the last several years. Those who are creating their wills and trusts are beginning to include their wishes for their survivors to travel more. In order to do so, they are...
Read blogTrust and Estates Attorney in Milford Answers, “How Much Do You Need to Save for Retirement?”
February 25, 2013
If you’re like 70% of people in the US who have a retirement plan, you still haven’t worked with a professional such as a trust and estates attorney in Milford in order to determine how much money you really need to save. A recent study found that only about 30% of this group has actually …
Read blogEstate Planning Trends In Milford Include Travel Trusts
February 25, 2013
Trust lawyers in Milford see how trends come and go in the field, and an interesting new one has been showing up increasingly in the last several years. Those who are creating their wills and trusts are beginning to include their wishes for their survivors to travel more. In order to do so, they are...
Read blogA Milford Estate Attorney’s Advice Regarding Your Home
February 25, 2013
It is clear to estate attorneys in Milford that the most valuable asset for many local residents is their homes. First of all, there is no way to put a price on the emotional, historical, and personal value of your home. From house shopping to paying the mortgage every month to having a safe place...
Read blogRevoking a Will in the Milford Estate Planning Process
December 28, 2012
There are many reasons why clients here in Milford choose to revoke a will. Family circumstances change, financial situations change, even minds get changed. An estate planning or wills and trusts lawyer in Milford can help you determine when it is appropriate to revoke a will, as well as what happens next. There are some …
Read blogThe Role of the Personal Representative in Milford
December 28, 2012
The person whom Milford trust and estates attorneys have long referred to as the “executor” has now been given an alternative name when managing your estate. Now known as the “personal representative”, this person is appointed by either the person doing the estate planning or by the courts when there was no one named in …
Read blogMilford Elder Lawyer Perspective: Legal Concerns for Caregivers
December 28, 2012
Elder lawyers in Milford work not just with our older clients, but also with their caregivers. In many cases, this means adult children who have or will be given power of attorney, not to mention those who just step up to help when something is needed. There are some legal issues which seem to arise...
Read blogFive New Haven Estate Planning Questions and Their Answers
December 28, 2012
Estate planning, with or without a lawyer, can be a little overwhelming. For an estate planning attorney in New Haven, there are plenty of questions which come up again and again. Take a look at the list below, and maybe you’ll get some of yours answered: Do I really need an estate plan if I...
Read blogEstate Planning for Same-Sex Couples in Connecticut
December 28, 2012
It's not unusual for legislation to affect the realm of estate planning. From tax implications to guardianship of children, an estate planning attorney has to keep up with the ever-changing legal landscape. This is certainly true when it comes to estate planning for same-sex couples in Connecticut. The legal aspects of a same-sex relationship often …
Read blogElder Care Law in Milford Offers Important Strategies for Dementia Patients
December 28, 2012
Elder care lawyers in Milford work with families to prepare for any number of situations in the estate planning process. One circumstance which is especially relevant to elder care law is dementia. After all, Alzheimer’s and other forms of dementia are almost exclusively conditions which appear or worsen with age. Along with the emotional strain...
Read blogMilford Estate Planning Attorney Asks: Do You Know How to Manage Your Inheritance?
December 28, 2012
Receiving an inheritance is both an honor and a responsibility, and estate planning attorneys constantly see individuals who are just not ready to take that on appropriately. Unlike items of sentimental value, such as jewelry or family heirlooms, a financial inheritance was likely meant to be used toward your own monetary goals. The temptation to...
Read blogHow Do You Treat Children Fairly When It Comes to Wills and Trusts in Milford?
December 28, 2012
Wills and trusts lawyers in Milford see just about every circumstance which results from a parent’s death. Some siblings handle the will and trust administration gracefully and with dignity, while others turn to squabbling and pettiness. When we work with our clients, they are often very concerned about how to treat their children equally when...
Read blogEstate Planning for Your Small Business in Milford
December 28, 2012
When it’s time to start your estate planning process (that time is right now, by the way), entrepreneurs need to remember to take their small businesses into consideration. Whether you own the entire business outright and work for yourself or you simply own a portion of the entity, you will need to leave instructions for...
Read blogSharing Financial and Legal Information with Your Family in Milford
December 28, 2012
Every family has its own approach when it comes to talking about financial and legal information. Milford will and trust lawyers see everything from very open and transparent situations to those where discussions of money are considered taboo. In reality, families which are at the estate planning phase should be having at least some superficial...
Read blogPlanning for the Future with a 529 Plan | Orange Trusts and Estates
December 28, 2012
If you already have children or are making plans to grow your family, it makes sense to consider a 529 plan. These are plans which are set up before your kids even head out to college, allowing you to put money aside for tuition so it will be there when you need it. There are …
Read blogMilford Estate Planning Attorney Offers Advice on How to Choose a Guardian for Your Child
December 28, 2012
One of the most important jobs of an estate planning attorney in Milford is to help parents choose the right guardian for their children. This is the person (or people) you designate to care for your minor children if you should die before they become adults. Working with an estate attorney to choose a guardian …
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