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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...
Connecticut residents who are planning their estate may want to consider the different trust types available. Some types are irrevocable. Understanding some of the various available options is a starting place. Two Categories of trusts All trusts are either revocable,...
Connecticut residents should create an estate plan to protect their future and their loved ones. There are certain essential documents you should always include. Last will and testament Your last will and testament gives you the ability to state how you want your...
Sometimes, you might need to make the decision for a Connecticut family member to move into a nursing home. Medicaid is often one of the most common ways for residents to cover the costs of staying in this type of facility, but there are a few rules to consider before...
Senior citizens require assistance in many areas, and the services of an elder care attorney can benefit seniors and their family members. Here are some important ways that elder care attorneys provide assistance. Create a living will A living will is a legal document...
The U.S. Department of Veterans Affairs allows you to file additional claims for disability in addition to your initial claim. You may have new supporting evidence that qualifies you for benefits. In other situations, you are eligible for more benefits. Connecticut...
As your loved one ages, you might worry about their physical and mental health. You may want to know how to detect when your elderly family member needs help to provide them with the support that they need. There are programs that enable the elderly to continue living...
A car, Connecticut home or other assets may be accounted for in your estate plan by creating a will or a living trust. Using these documents may also ensure that your dependents are properly cared for. However, despite helping you accomplish many of the same goals,...