According to the Senate Special Committee on Aging, American seniors lose almost $3 billion annually to financial scammers. The Federal Trade Commission puts the median amount stolen at between $600 to $1,000 (the lower figure for seniors aged 70 to 79, the higher figure for seniors over 80), but there are many cases where people […]
So you have an art collection, or antique dolls, or maybe you collect wine. If you were to die tomorrow, what would happen to these things you’ve spent so much time and money investing in? Unless you include specific instructions in your estate planning documents (your last will and testament or living trust), they may […]
I inherited what from Uncle George? What if I don’t want it? You barely knew your uncle. When he dies, you learn that he named you his sole beneficiary in his Will and your children as his contingent beneficiaries. Sounds like good news, right? Yes and no. Some of the things you stand to inherit […]
Most people are aware that there are steps you should consider to protect your assets from being liquidated to pay for long-term care. And to protect your heirs from the burden of heavy estate taxes upon your passing. However, are you aware of the related risks associated with the capital gains tax? What is the […]
Connecticut Estate Planning Attorneys Blog