It's that time of year again: You should review your estate plans to see if they still meet your needs. Estate planning is seldom a "one and done" type of experience. Because life is full of changes and surprises, it's smart to go over your plans every year around...
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Estate Planning
Do you have what it takes to be a health care proxy?
Whether you call it a "health care proxy" or medical power of attorney, taking on the responsibility for someone else's medical treatment can be a daunting task. Do you have what it takes? Here are some of the questions you need to ask yourself: 1. Have you had a...
Don’t let the state choose your hiers
You've amassed a few significant assets in your lifetime, but you don't have any direct descendants and no other relatives you care to consider your heirs. So, how do you decide who should be the beneficiary of your estate?This is an important question. If you don't...
Why should parents set up special needs trusts?
Individuals tend to repeatedly hear that they need to sit down and draft a will as they get older. They're often told that their assets may go to someone other than those they intended unless they document their wishes. Wills aren't just for older people, though....
Did someone just ask you to be their medical power of attorney?
One of the biggest things someone can ask you to do is to take on the responsibility of being their medical power of attorney.Also called a health care proxy, you would be called into action only when your friend or relative was unable to make their own medical...
What makes a will valid in Connecticut?
When you craft your estate plans, you certainly want your wishes to be followed -- and that means making certain that you don't accidentally invalidate your will. It can happen easier than you think. A lot of people get into trouble because they use generic wills that...
Plan carefully before discussing your estate plan with family
Your estate plan is something that helps to protect your family members when you pass away. You probably spent considerable time getting everything set how you wanted it, but there might be some questions from your family members about what the plan entails. Taking...
Use this guide to pick your powers of attorney
If the day ever comes when you aren't capable of making decisions for yourself, who do you want to make those decisions for you? That's a big question. You're choosing who to give your powers of attorney to for medical and financial matters if they're ever needed...
Conservators have a very important responsibility
A conservator has a very important legal responsibility in Connecticut. In many ways, there are no more serious obligations, as a conservator agrees to take responsibility for someone who may not even understand what responsibility. Much like parents need to maintain...
Considerations for choosing a power of attorney
There are several important elements to consider when constructing an estate plan. Not only should a proper estate plan include certain documents, but you should also be sure to designate the proper people to carry out your wishes. In particular, you should...
