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 …

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...

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 …

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 …

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...

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...

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...

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...

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...

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 …