AdobeStock_358618918-300x200
Prince, Marvin Gaye, Jimi Hendrix, Kurt Cobain, Bob Marley, Billie Holiday, Barry White, Sonny Bono, Tupac Shakur, Amy Winehouse, John Denver, Sam Cooke, Aretha Franklin.

Certainly, an impressive who’s who list of music royalty that sadly left this world far too soon. However, this wildly talented group also had another thing in common – they all died without a proper estate plan (specifically a Will) in place – or in some cases, no estate plan at all!

These are not isolated cases. According to a Gallup Poll, more than 1/3 of Americans with an annual household income of $100,000 or more do not have a Last Will and Testament, and a staggering 54% of all adults have no Will!

AdobeStock_464008213-300x191There is something very appealing and kind of romantic about sailing off into the sunset to enjoy the golden years of retirement in an idyllic setting. It is, perhaps, the pinnacle of the American Dream. 

However, selecting the perfect place to retire takes more than just dreaming. It’s a process of self-discovery, research, prioritization, due diligence, exploration, and careful planning. Which isn’t to say that it can’t also be fun. 

To help you get started, we’ve compiled a list of some of the key considerations that you’ll want to keep top of mind as you navigate through where you might want to live.

AdobeStock_247257412-300x200It’s not surprising that people are often confused by the terms “guardianship” and “conservatorship.” Usage of these terms varies from state to state, and multiple levels can apply in either case.

We hope this quick overview will help set the record straight about when and how these terms apply according to Connecticut law.

To get started, let’s take a high-level look at the different kinds of guardianship and conservatorship that are possible depending on the specific situation.

AdobeStock_263018522-1-300x200Whether you’re talking professional or college sports, season tickets for popular sports teams are usually very hard to come by.

And, once someone acquires season tickets, they aren’t likely to give them up. In many instances, fans literally have to wait for someone to die before they can move up the waiting list for available seats.

When someone has waited a long time and paid a lot of money to get their hands on those coveted tickets, it’s not surprising that they might also like to keep them in the family, even after they’ve gone to that big stadium in the sky.

AdobeStock_325370692-300x250Asking someone to be a trustee of your trust shows you have a lot of faith in that person’s capabilities and ethics.

But how much is their time worth?

Serving as a trustee can be a big responsibility, and can also be quite time consuming. And while family members and friends often serve as trustees without expecting any financial payment, there are many cases in which compensation is either warranted or required.

bedroom-300x200According to the Pew Research Center, the U.S. population living in multigenerational households has quadrupled since the 1970s. They also report that, in March of 2021, “there were 59.7 million U.S. residents who lived with multiple generations under one roof.”

One of the most common multigenerational living scenarios is the addition of an in-law suite to accommodate an older person moving in with their grown children and grandchildren. If this arrangement is something you are thinking about, there is some appeal:

  • Having an aging parent close at hand could reduce your burden by being able to quickly address their needs.

AdobeStock_374558556-300x200
By Beth Dance

What happened to user guides?

It wasn’t that long ago when you would buy a brand-new phone, and inside the taut packaging was a crisp and clean instruction guide. It would break down everything you ever needed to know about the device. From how to turn the phone itself on to helpful recommendations on how to maintain the phone to extend its life.

LockKeyDocs-300x225By Jill Brightman

We’ve seen it all too often lately.  A natural weather disaster strikes leaving a path of destruction and misery in its path.  In the midst of the shock and chaos, people are left scrambling trying to retrieve belongings and find the paperwork needed to help start the rebuilding and recovery process.

It’s a frightening scenario.  And, while we can’t always predict where, when and to whom the next storm or calamity may strike, there are some things we can do to prepare in advance.

emptybench-300x200Dealing with the aftermath of a loved one’s death is exhausting and complicated. Every day we work with grieving families who are wearily trying to untangle their newly acquired financial responsibilities.

We’d like to think that your loved one had estate planning documents that instructed you about their specific wishes and instructions for burial and funeral arrangements. And that they left you an organized system of important documents.

But we are not naïve. Statistics show that many Connecticut residents have not even prepared their Last Will and Testament. Our hope is that if you are reading this blog, you are one of the lucky ones and your loved one has left behind something you can work with.

AdobeStock_499349787-300x200By Beth Dance

Human beings are not, as a rule, good with change. Even life’s most joyful milestones and transitions tend to cause their share of stress. And when you add in difficult emotions, things get intense pretty quickly.

One life experience that is often underestimated in terms of its emotional impact is moving. I’ve recently experienced saying goodbye to my childhood home, and it wasn’t easy. Even though my brother and I spent the last several years encouraging our parents to sell their home, I wasn’t ready.

Members of:
Contact Information