I’m a Snowbird Who Lives Part-Time in Another State. Will My Power of Attorney and Healthcare Directive Still Work During Quarantine?
June 29, 2020
Shelter in place and quarantine orders are the rule of the day with the coronavirus outbreak. Many of these executive orders came while snowbirds and retirees were staying here in their second homes, and now they are likely stuck there for a little longer than they originally planned. From a legal standpoint, many snowbirds are...
Read blogNew Haven County Trust Lawyer: Avoid These Common Estate Planning Mistakes
June 22, 2020
Estate planning is a responsibility we all have, young or old. Yet only about half of all Americans with children have a Last Will and Testament or Trust to direct how their children should be cared for and who should inherit any assets left behind after death. It’s also troubling to know that most estate...
Read blogWarn Your Loved Ones About These Coronavirus Scams in Connecticut!
June 15, 2020
On the heels of a very rough month for our country, scammers are now coming out of the woodwork in an attempt to defraud individuals and vulnerable senior citizens who are isolated and perhaps unclear about current policies related to coronavirus stimulus payouts or testing. We wanted to warn our clients and readers about some...
Read blogMilford Elder Lawyers Offer 5 Tips for Long-Distance Caregivers
June 8, 2020
More than 10 percent of people who are acting as caregivers for an older family member are doing so from a distance. Living an hour or more away from an aging parent or other relative can present some additional challenges for caregivers. Among those challenges are the financial strains of hiring help and the difficulties...
Read blogHow a Special Needs Attorney in Milford Can Help Your Family Prepare for the Future
May 27, 2020
Parents of children with special needs often find themselves overwhelmed with the daily responsibilities of managing their child's care and coordinating various services. There is often very little time or energy left to spend on long-term planning. However, consulting with a special needs attorney in Milford can get you started on the right path to...
Read blogStrategies for Resolving Caregiver Conflict | New Haven Elder Law Attorney
May 22, 2020
When an elderly parent reaches the point where they need assistance with their daily living tasks, caregiver duties often fall on the shoulders of their adult children. In some families, the caregiving responsibilities are divided between siblings or other relatives. Ideally, everyone sharing in those duties will be on the same page when it comes...
Read blogCOVID Pandemic Preparation: 5 Estate Planning Essentials for Every Adult
May 15, 2020
With the number of COVID-19 cases in America increasing exponentially, people across the country are preparing themselves for every possible scenario. As a result, many estate planning attorneys are being inundated with calls and emails about how to plan for this type of pandemic. While the following five tools are essential for estate planning at...
Read blogTrumbull Estate Planning Attorneys on Inheriting Patents, Copyrights, and Other Intellectual Property
May 7, 2020
Intellectual property – ideas or works of art that have value but don’t originate in material reality – are considered personal property and may be bequeathed to heirs. There is well-established law on intellectual property and estate law for those who want their heirs to benefit from the fruits of their labors. If you’re creating...
Read blogWorried your children will be unmotivated after receiving an inheritance? Milford Trust Lawyers encourage parents to consider this estate planning tool.
April 30, 2020
Self-made billionaire Warren Buffet once famously said, “Leave your children enough money so they can do anything, but not enough that they don't have to do anything.” Commodore Vanderbilt's grandson, an heir to some $60 million in 1885, also once declared that "inherited wealth is as certain death to ambition as cocaine is to morality.”...
Read blogTrumbull Probate Lawyers: What To Do After a Loved One Dies
April 24, 2020
When a loved one passes away, the grief is often overwhelming and exhausting. Your emotional state may make it nearly impossible to carry on basic functions like sleeping or eating. Trumbull probate lawyers understand that the last things you'll feel like tackling are the legal or financial tasks that must be handled after an individual...
Read blogNew Haven Trust Attorneys Explain the Responsibilities of a Trustee
April 15, 2020
Whether you've been asked to be the trustee of a loved one's trust or you're in the process of choosing someone to act as your own trustee, it helps to understand what is expected of a trustee. Being a trustee involves a lot of responsibility, often on both a short-term and long-term basis. Keep in...
Read blogMilford Estate Attorneys: 3 Ways Your Child’s Spouse Can End Up with the Family’s Money
April 8, 2020
Milford estate attorneys know that it’s not inherently bad if your son-in-law or daughter-in-law receives your child’s inheritance. After all, he or she is part of the family. Ideally, if an in-law ends up with the family’s money (say your adult child passes away first), it’s always the hope that the in-law will pass down...
Read blogMillennials: Use These Estate Planning Strategies to Address Your Unique Needs | Milford Estate Planning Attorneys
March 31, 2020
If you’re in your twenties or thirties, you’ve probably heard about the importance of creating Wills and Trusts… but maybe you think you’re too young for estate planning or that you don’t have enough assets yet to justify putting a plan in place. But, Milford estate planning attorneys will tell you that it is a...
Read blogTrumbull Estate Lawyer: Where Should I Store My Original Estate Planning Documents?
March 23, 2020
After you complete the process of creating an estate plan with your Trumbull estate lawyer, you’ll want to give serious thought about the place where you will store your original documents. Unfortunately, if your original documents can't be found after you pass away, it will be presumed that you died without leaving a will or...
Read blogHow Is a Trustee Paid for Managing a Special Needs Trust in Connecticut?
March 16, 2020
New Haven special needs planning lawyers often help parents set up a supplemental or Special Needs Trust in Connecticut to protect their child’s resources and inheritance for the future. When crafting this important document, the attorney will also help their clients choose a trustee who will be charged with overseeing and managing the funds in...
Read blogCOVID-19: Office Precautions & Flexible Meetings for Clients
March 12, 2020
As estate planning and elder law attorneys, our practice is dedicated to serving our most vulnerable citizens, including seniors, those who are ill, disabled, experiencing mental health challenges and children with special needs. We deeply understand the anxiety and hardships that the current coronavirus outbreak is causing to everyone in our community. We have also …
Read blogMilford Trust Lawyer: Why Every Small Business Owner Needs an Estate Plan
March 9, 2020
Creating and building a successful business is an incredibly difficult undertaking – and maintaining that success is usually even more challenging. Protecting that success, however, is a different story entirely. You must consider what will happen if you die or become incapacitated, if your business will be subjected to estate taxes once you pass away,...
Read blogMilford Estate Planning Attorney Explains 3 Things You Can Do When You Inherit Your Parent’s House
February 28, 2020
When a home is passed on to adult children after the death of a parent, there are three typical paths that beneficiaries can choose: move into the house, sell the house, or rent it out. If you and/or your siblings recently inherited a house and are uncertain about the best way to deal with the...
Read blogMental Health and Health Care Directives in New Haven County: Everything You Need to Know
February 23, 2020
Health care directives, which include the Living Will, Health Care Agent Designation, and HIPAA Medical Release, are necessary components of any estate plan. Health care issues occur more and more as we age, so it’s important to have the proper legal documentation in place to ensure we get the care we need. However, mental health...
Read blogNew Haven County Probate Lawyers: Everything You Need to Know About Claiming Death Benefits
February 10, 2020
The death of a loved one is one of the most difficult experiences a person must handle. The financial aspect that accompanies funeral and burial expenses compounds the grief, making the situation even worse. New Haven County probate lawyers know that this is especially true if the deceased was the main breadwinner and the remaining...
Read blogMilford Elder Lawyer: How to Avoid Burnout When Caring for an Elderly Family Member
February 3, 2020
Everyone knows that caregivers of elderly family members face a difficult task – one that’s made even harder since many must also take care of their own children, as well. These caregivers often burn out and are left exhausted. An experienced Milford elder lawyer will often give their clients information about respite care and adult...
Read blogWhat You Should Know About Living Together if You’re Over 50 | Trumbull Estate Planning Attorney
January 26, 2020
Between 2007 and 2016, the number of unmarried couples over the age of 50 who were living together increased by 75% according to the Census Bureau. There are several factors contributing to the rise in romantic roommates. A change in social attitudes towards cohabitation has lifted much of the pressure on older couples to remarry...
Read blogNew Haven Asset Protection Attorney: 3 Things You Need to Know About Irrevocable Trusts
January 18, 2020
Irrevocable trusts are almost certain to come up when you talk about estate planning and asset protection planning strategies with a New Haven asset protection attorney. These special types of trusts are used by estate and elder law attorneys to protect property and assets from lawsuits, creditors, predators, and even nursing homes, which can end...
Read blogMilford Trust Attorney: 5 Steps to Create a Revocable Living Trust
January 10, 2020
A revocable living trust is the perfect document to protect your privacy, avoid probate, and leave someone you trust in charge of managing your affairs if you become incapacitated or pass away. It’s an essential element for estate plans and gives the trust maker, also known as the Grantor, the peace of mind that their...
Read blogThe SECURE Act Becomes Law: What It Means for Your Current Retirement Account and Your Future Beneficiaries
January 1, 2020
As a surprise to most financial professionals across the country, the SECURE Act (Setting Every Community Up for Retirement Enhancement) has been approved by Congress following its last-minute inclusion into a bipartisan appropriations bill that would avert a government shutdown before the end of the year. The law is set to take effect on January …
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