Choosing an executor for your estate is a major part of the estate planning process. An executor has many responsibilities, such as identifying and valuing assets, paying debts and distributing assets to heirs. An executor should be someone you trust with these tasks....
One potential problem with an estate plan is if it has been altered due to undue influence. This can lead to challenges from other beneficiaries or family members, potentially leading to litigation. Additionally, this type of financial fraud is simply something that...
When people think of crafting an estate plan in Connecticut, they might be under the impression that they only need to write a will or create a trust. However, there are other aspects of estate planning that could be important. For some, having control over the...
There are many qualms when it comes to estate planning. However, one that is often presented during the drafting process is probate. Specifically, they seek to understand estate planning methods to ensure their heirs and beneficiaries will not have to deal with...
It can be challenging to figure out the best way to leave your assets to your loved ones. While a basic will can get the job done, it may be insufficient to get the job done right. This can be especially true when you’re worried about the possibility of your heirs...
One important step in estate planning as a Connecticut resident gets older is to designate an attorney-in-fact to handle one’s financial and business affairs. While technically the document which designates an attorney-in-fact is called a power of attorney, many...
Many people have heard of estate planning attorneys but are not aware of estate planning attorneys that specialize in elder law. Elder law attorneys often focus on the needs of older adults by making sure they have a plan for the future, helping to protect their...
As people age, they become more likely to develop Alzheimer’s or some other type of dementia. Dementia gets progressively worse as time goes on. In the condition’s final stages, a person may have no ability to communicate or process information. They will likely need...
Connecticut residents who are getting ready to put together their estate plans are taking a big step toward securing their future and, usually, the future of their heirs and beneficiaries. Almost everyone has some amount of assets and, if they’re lucky, they have...
When most people in Connecticut sit down to think about their estate planning options, they are probably thinking about one primary goal: how best to pass on their assets to their children. This may be relatively easy for those who have only one child, but estate...