Estate planning is important for Greenwich residents for several reasons. Not only does it help individuals set forth how and to whom items of property will be distributed, but it also helps them protect the value of the property that falls into their estate. End of...
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Attorneys Who Care.
Estate Planning
Preventing Will Contests
Estate plans that involve large accounts and property often come with conflict. Estate planning is so important because it provides clear guidelines as to how the estate should be handled which can in turn prevent dispute. However, the chance of a will contest can...
Asset transfer options to protect estate wealth
An estate plan is an important way for a Greenwich resident to protect their legacy and the assets they hope to pass onto their loved ones. A good estate plan can accomplish these goals, but detailed estate planning from trusted legal and financial professionals can...
The benefits and perils of a charitable remainder trust
There are different types of trusts that can serve different purposes. The charitable remainder trust (CRT), for example, is a popular type of irrevocable trust for charity-minded individuals. It offers a variety of benefits, but there are some potential risks as...
Potential benefits for changing an estate plan before 2021
To say the least, 2020 has been a challenging year for most Americans. In addition to the pandemic, a contentious presidential election has contributed to a turbulent time. The outcome of the election may also have a direct impact on your estate. That’s why it’s...
Prevent claims against the will with transparent estate planning
Large, high-value estates often require intricate and complex estate plans. Lawyers must account for the will, insurance policies, trusts, 401(k)s, and more as they draft comprehensive plans that protect their client’s estate. However, even the most thorough plans...
Do bypass trusts still make sense?
For years, bypass trusts were a practical way for people to avoid an excessive estate tax burden. Yet, changes to the tax in recent years may make you reconsider whether this type of trust is still necessary to protect your wealth. Since the current exemptions are...
Why is business succession planning so important?
If there's one piece of advice that legal analysts offer when solicited for guidance regarding actions to take as people age, they often recommend engaging in estate planning. Drafting a will, powers of attorney and other critical legal documents is part of this...
Important estate planning terms you should know
Adults should have an estate plan created that outlines what is going to happen with their things when they pass away. These plans can be rather simple but some are complex. It's imperative that anyone who's dealing with an estate plan, whether you're doing this as...
There’s more to estate planning than your assets
As you get started with estate planning, it's natural to focus the majority of your attention on your assets and what you want to happen to them upon your death. While this is important, both to you and your loved ones, it's far from the only thing to take into...
