In estate planning, an individual takes legal and financial actions to prepare their estate for their death, including designating a personal representative and beneficiaries. But it begs the question, is death the worst thing to happen to a person? Would it not be...
Anyone can start estate planning at any age. However, when an individual starts growing old and entering the elderly phase of their lives, estate planning becomes more significant. They start to worry about what will happen to their loved ones and properties when they...
When our loved ones grow old and become incapable of caring for themselves, we do our best to care for them as much as possible. However, due to various personal reasons, some family members acquire the assistance of nursing homes to ensure that their elderly loved...
The average age of a Connecticut resident is growing older. This trend is in line with the rest of the U.S. More attention will need to be paid to the level of long-term care that you will eventually require. This area is where transferring your Individual Retirement...
There are many reasons why a Connecticut resident might need a loan; buying a car or home are among the top reasons to need this type of assistance. If you are a veteran, you may be able to qualify for a VA loan. To do that, you need the VA Certificate of Eligibility....
Estate planning can be confusing, and understanding the ins and outs of legacy planning can make it even more daunting. But if you want to ensure your land and Connecticut assets are passed down to future generations, legacy planning is an essential part of that...
In Texas, an advance directive, sometimes called a living will, is vital to an estate plan. This legal document assists you in making decisions about how to handle your healthcare needs in advance, so your wishes are carried out even if you become incapacitated and...
One study found that about 66% of all elder financial abuse cases involve close family members. As unthinkable as this crime might be, some people have no problem taking money and other assets from elderly family members in Connecticut. Fortunately, you can help...
As in all states, veterans of wars and former military members in Connecticut can apply for governmental benefits administered by the United States Department of Veteran Affairs. While many of these benefits are given directly to the service member or veteran, some...
If you are a low-income senior in Connecticut, you can use a combination of Medicare and Medicaid to pay for your long-term care. The Omnibus Budget Reconciliation Act of 1993 allows states to try to recoup money spent on that care after the person dies. The Medicaid...