Have you ever heard of a family fighting over a parent or grandparent's estate? Did you just shake your head, wondering how it could have come to this? Maybe you saw how the estate dispute caused irreparable damage to the heirs' relationships.
Death is never a good topic, but planning for it can do our families and friends a lot of favors. The right last will and testament can make it much easier for your successors to make sense of your intentions and execute your wishes after you are gone or if you cannot communicate them.
When it is time to deal with the loss of a loved one, the last thing you want is to be confused by his or her last wishes. Last wills and testaments, as well as trusts and other legal structures, can be hard to understand and it is easy to disagree with friends and family about them.
When you have a successful family business that has been around for decades, perhaps even generations, you likely think it will continue to go that way once you retire or pass on. You are not alone in your belief. According to Business Law Today, 69 percent of family business owners assume children will take over the company.
A person is thinking of his or her family or community after he or she is ffffffffffffffffffffffffgone. The possibility of mental decline makes it necessary to plan for the future of assets. A relative intended to leave someone a bequest. These are all good reasons for Connecticutians to visit a probate court.