Estate planning is something that all Connecticut residents should do regardless of age. With that being said, people entering retirement have the perfect opportunity to look through all of their assets and plan accordingly for the rest of their lives. Get all the...
For the Connecticut aging community, long-term care is a considerable expense. Unfortunately, this benefit is often not a part of most healthcare plans, is not covered by Medicare and is expensive. As a result, many families deplete their savings by paying for them....
If you are considering retiring soon, it may be time to create or take another look at your estate plan. Things change as you age and leave your Connecticut job, and you want to ensure that you make appropriate adjustments. Update your will Find a copy of your most...
Seniors often require longer to heal from injuries and illnesses. It is not unusual to expect the recovery to occur at a hospital, but there are reasons to consider recovering at home. The decision is one that many people need to make every year. Connecticut families...
Veterans in Connecticut can face difficulty navigating the process of filing a disability claim with the Department of Veterans Affairs (VA) due to its complex and ever-changing procedures. Consequently, disabled veterans require evidence that accurately describes...
Although many Connecticut residents are aware of the importance of creating a will, financial trusts, powers of attorney for medical care and finances, and similar estate planning documents, many don't consider what they need to do with them once they have created...
Connecticut offers two types of Medicaid for seniors. HUSKY part C covers people age 55 and older who need long-term care while HUSKY part D covers those between 19 and 64 who do not have dependent children and fall below 138% of the federal poverty level. Connecticut...
When preparing your Connecticut estate plan, taking an inventory of all of your assets is a good place to start, as is notating how much debt exists. There are other steps in the process that are worth considering. Estate plan elements Determining which beneficiaries...
People under the age of 40 might not think much about estate planning, and people under 30 may think about the process even less. Still, many young people in Connecticut could benefit from crafting a valid estate plan. Anyone with any assets should consider what...
Estate planning for Connecticut residents can be a complicated and even counterintuitive process. This is especially true when significant assets are at stake. One of the tools at your disposal in planning your estate is an intentionally defective grantor trust...