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If you haven’t yet given thought to what will happen to your vacation home (or other real estate) once you’re gone, please read this! Mere ownership of real property can trigger not-so-pleasant things such as creditor claims, unnecessary probate, additional tax, and most importantly – ugly family disputes. Whether it’s a cabin in the woods, […]
What!? My kids won’t get the whole amount of my life insurance policy when I die? I imagine you’ve thought long and hard about how much life insurance you should buy. After all, your reasons for purchasing a life insurance policy run deep. How would you feel if your loved ones only got a […]
Building and growing an independent family business is an accomplishment to be proud of. It takes an enormous amount of passion, ingenuity, and downright grit. Preserving and protecting your business also requires some effort, but it’s a task many business owners overlook or put off. Business succession planning, like any kind of estate planning, is […]
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By Colleen E. Masse You did it! You made it to 18 and now your child is an…ADULT?! Yes, that’s right, your little bundle of joy is all grown up and your work is done, or is it? Here are some things to consider as your child reaches the age of majority. 1. Is your […]
If you’re single, estate planning might not be at the top of your priority list. You may assume, based on how most professionals talk about the process, that estate planning is mainly for couples with kids. But the truth is, everyone should have an estate plan in place. Even if you’re not deeply concerned about […]
Applying for Medicaid benefits can be overwhelming. Between the paperwork, the ever-changing rules and regulations, and the inevitable waiting game that you’re up against, there’s a lot you need to know. Here is information to get you started and hopefully, to make it easier for you. 1. What do you need? You’ll need to collect […]
You can’t predict what might happen tomorrow, but there is something you can do today to help better prepare for whatever comes your way – you can get your estate plan in order. Putting these documents in place can help ensure that not only are things done according to your intentions, but can also give […]
This is the time of year for giving and receiving. As your mailbox fills up with solicitations from nonprofits – everyone from the Salvation Army to the World Wildlife Fund – how do you know which ones are worthy? And even more important, how can you tell which ones you should steer clear of? One […]
As if losing a parent wasn’t hard enough, that loss often comes hand in hand with the very real potential for life-changing sibling rivalry over the inheritance. In fact, disagreement over whether an inheritance has been divided fairly is the number one cause of adult sibling rivalry. At the root of all such conflicts is […]
Yes, 2020 was a year unlike any other. So many challenges. So much negativity. But if we slow down and really think about it, hopefully we can identify some good things learned. Hopefully, we can place a renewed focus on what’s truly important. Preparing for your future is one of those things. Making things easier […]
Connecticut Estate Planning Attorneys Blog