Trumbull Will and Trust Lawyer: What Property Should Be in a Living Trust?
September 22, 2018
If you are reading our blog, you have probably already decided that you want to create a living trust with a Trumbull will and trust lawyer to avoid probate and put a quick end to the estate administration process. You might also have decided that you want your estate and the decisions you made about...
Read blogMilford Elder Law Attorneys: Determining Legal Competency for Senior Citizens
September 15, 2018
Legal competency concerns can lead to issues for senior citizens, during both life and death. This is especially true for financial affairs and disputed inheritances. Milford Elder law attorneys must be able to determine a senior’s legal competency in both physical and mental areas because of the serious consequences it can have for long-term care...
Read blogNew Haven Elder Law Attorneys: New Elder Abuse Law Offers Protection for Connecticut’s Most Vulnerable Seniors
September 10, 2018
There’s good news for vulnerable seniors in Connecticut and across the country. As part of a larger bipartisan bill on banking reform, the Senior Safe Act became law in the month of May. This legislation is an attempt to stop acts of financial abuse targeted at senior citizens by encouraging banks, credit unions, investment advisors,...
Read blogHelp! I Inherited a Timeshare. Now what?!
August 30, 2018
I know many people who love timeshares. That is, the option to be a part owner of a property which is used for getaways and vacations. Even though a deeded timeshare is an interest in real property, it is usually more of a luxury than an asset. Even if the mortgage is paid, there are...
Read blogTrumbull Estate Planning Lawyer: How to Use Trusts to Protect Your IRA from an Irresponsible Child
August 16, 2018
A lot of parents come into our Trumbull estate planning law firm with mixed feelings about passing on the balance of their retirement accounts to their children when they die someday. On one hand they are proud of the money they have saved over their lifetime in an IRA; on the other hand, they worry...
Read blogNew Haven Probate Lawyer: What Happens If Your Child Dies Before You?
August 8, 2018
The majority of people we see in our New Haven estate planning law firm name their adult children as beneficiaries of their estate plan. In most cases, this works well because children typically outlive their parents. But, what happens when a child dies before the parent? What becomes of the inheritance that a parent plans...
Read blogReasons to Consider a Professional Administrator for Your Child’s Special Needs Trust
July 30, 2018
I’ve written many times about the importance of selecting the right person to serve as trustee for a Special Needs Trust. The trustee will need to make distributions, file tax returns, and carry out numerous other duties that go along with administering a trust. Families often consider a sibling for this important role. There are...
Read blogNew Haven County Probate Lawyer: How to Remove an Executor from an Estate
July 23, 2018
An executor is chosen by a testator to carry out the intentions of the will after the testator has died. It’s fairly easy to replace an executor when the testator is still alive – all the testator has to do is simply name a new executor. However, this becomes far more complicated and difficult once...
Read blogNew Haven Living Will Attorney Helps Clients Plan for an Unexpected Disability
July 14, 2018
Here in New Haven, living will attorneys know full well the ramifications of not planning ahead for an unexpected disability. Even those clients who understand the importance of estate planning tend to overlook what would happen if they should become unable to care for themselves. It’s not the happiest thought, but the reality of not...
Read blogActions Speak Louder than Words: When Will Oral Estate Agreements Be Enforced?
July 3, 2018
As a Milford will lawyer, I advise that it’s always best for a person to write down one’s intentions for their property when they die. However, many people still die intestate (without a will), and their intentions aren’t known. Often, however, these people’s heirs may make a claim that the deceased orally stated what their...
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