A previous post looked at some of the most common business entities that a Milford business planning lawyer will recommend for clients. From the simplicity of a sole proprietorship to the complexity of an S corporation, that piece shared some advantages and disadvantages of each entity when it comes to implementation, accountability, and taxation. With...

Many grandparents wish to leave a legacy behind for their grandchildren; however, they may run into some issues if those children are underage. A Milford Wills and Trusts attorney can help you determine what the best options are for leaving assets to underage beneficiaries, whether those assets are held in a Will or Trust, financial...

Whenever there’s more than one adult child involved in the care of an elderly parent, the potential for disagreement exists. In most cases, siblings are able to put aside their differences and work together. But in a small number of cases—about 1 percent overall—family members have no interest in reaching accord. One adult child thinks...

Many people refer to our older years in life as the “Golden Years,” and in many ways they are because we have the time to do what we have always wanted to do. While this freedom and independence is wonderful, we must find ways to balance this with our safety. By taking some minor precautions,...

It’s become more and more common now to see clients come in with probate cases that need to be dealt with in multiple states. Many seniors today are “snow birds,” meaning they spend their winters in states with warmer climates while keeping their actual residency in the state they’ve spent most of their lives in....

In general, Americans are very uncomfortable talking about end-of-life issues. It can be hard for people to think about (and plan for) their own death, let alone the death of their loved ones. I get it. Yet, by not discussing these issues, you are leaving your future caregivers (most often your adult children) in an...

Estate planning lawyers in Milford are most often considered by folks who are wanting to put their end-of-life affairs in order. The attorney helps them to draw up important documents such as powers of attorney and medical directives, as well as to develop a plan for how an individual’s property will be distributed upon his...

As our parents age, we often find that the parent/child roles reverse as aging, long-term illness and disability increase their dependence on us, their children. When do the children have to start acting as parents? And what happens if we fail to do so? It’s a common quandary for adult children. It’s hard to watch...

It’s the middle of February, and we find ourselves in the midst of yet another cold Connecticut winter! Although the season is very festive, and nothing is more beautiful than the look of a pristine snow cover, the winter months can be a challenge for seniors. As we get older, this challenge becomes particularly difficult,...

Should you involve your children in the estate planning process? If so, how much do you tell them? When do you tell them? Is it possible to tell them too much too soon? What happens if you tell them too little too late? In my decades of work with families, I’ve found that there’s a...