A stroke can have profound effects on your health, personal life and financial situation, making it crucial to assess and possibly update your estate plan. Proactive estate planning both before and after a stroke to ensure your wishes are honored and your loved ones...
It can be difficult to see a loved one age and their ability to care for themselves diminish, especially when they are unable to get the care they need. It is important to consider the possibility that your loved one might require in-home health care or living at a...
If you have been named the administrator of an estate or a trust, it can feel like an honor to be entrusted with such an important role. However, when you begin to consider what this duty entails, it can quickly feel overwhelming and complex. Nonetheless, there are...
Planning and preparing for retirement are norms in society, which is why many begin this process when they are a young adult. Putting aside money for their retirement is often deemed essential; however, this is not the only preparation you should complete in your...
As you’re thinking about the best way to develop your estate plan and perhaps qualify for Medicaid, you might find yourself wondering what’s the best way to distribute your assets. After all, gifting assets and setting up an irrevocable trust can be a great way to...
No one likes to imagine themselves dying or requiring assistance in their old age; however, there is something that you can do to help yourself and your loved ones face these difficult parts of life. Taking the time to plan for your elderly years can help you and your...
Many elderly residents of Connecticut have never ventured into the world of estate planning. Others have made an estate plan but left many critical questions unanswered. Even after they finish making an estate plan, the owner of the estate assets may be required to...
Planning for long-term care is a vital component of your estate plan as a resident of Connecticut. Medicaid, a federal and state program, plays a crucial role in this by providing health coverage to low-income individuals, including seniors and people with...
In Connecticut, healthcare directives play a crucial role in empowering seniors to make informed decisions about their medical care, even when they may no longer be able to communicate their wishes. At Stillman & Associates, LLC, we have over three decades of...
As our parents age, we grow concerned about their ability to care for themselves. This is a legitimate worry given that about 70% of those age 65 and older end up with long-term care needs, which may include a nursing home stay. But for many older adults, moving into...