If you’re confused, or unfamiliar with trusts as part of an estate plan, you’re not alone! Some people need to have a trust, others do not. Then there’s the probate process. Does having a trust impact the probate process? Should you have a trust to avoid the probate process? To…
Articles Posted in Estate Administration
Tips for Executors: 7 Steps to the Probate Process
So your duty as executor has kicked in. And the word “probate” keeps popping up. Not sure what probate is? You’re not alone. Most people don’t know much about the probate process in Connecticut unless they’ve had firsthand experience with it, for example, when a family member dies and his…
7 Ways to Unload Your Family Heirlooms
Of all the things we do in taking care of our aging parents, dealing with their household stuff might be the most cumbersome. After all, when the end finally comes, it’s up to us to sort, store, sell, toss, donate, and clean everything until the home is empty. This is…
Trouble With an Untrustworthy Trustee?
Modern law offers a variety of ways for individuals to manage, distribute, and protect their property, whether it be for their own benefit or for that of a loved one. A well-known, and yet seemingly complex, mechanism for doing so is a Trust. But what does this mean for you,…
Will Your Kids Be Responsible For Your Debt?
For most of us, debt is a way of life. We finance our cars and homes, we use our credit cards to pay for holiday gifts and vacations. We borrow money to send our kids to college. Even if we use credit wisely, we still may end up with a…