It takes expertise to be a builder, but it also takes the right tools. The wrong implements and materials mean trouble for a home, sooner or later. In the same way, estate planners have to make sure that the right financial instruments are part of their strategy to...
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Estate Planning
Understanding survivorship language in an estate plan
Estate planning should be an essential part of getting older. However, there are numerous issues that come up with this process. Often, people make mistakes with writing a will, and one of the biggest involves using the wrong type of language. For example, it is...
How to prepare for the family talk about your will
Movies and television have many people believing they only hear what was in a will after the person has already passed away. All your beneficiaries should receive a copy of the will upon your passing, but this should only be a formality. All beneficiaries should...
What comes after a will in estate planning?
The first part of the estate planning process that most people would mention is a last will and testament. A will is the most fundamental part of a good estate plan, but it is certainly not the only part. People will all levels of wealth and various assets should be...
Understanding testamentary capacity in Connecticut
Connecticut law sets forth several requirements for a valid will. One of these states that the testator must be of sound mind. It can be difficult to arrive at a precise definition of the exact line that marks a lack of capacity.Descendants who are unhappy with a...
Don’t count on your children taking over the family business
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...
Correcting problems in estate planning can be difficult
Connecticut is one of the richest states in the nation and home to thousands of personal estates. People looking to take care of their families after the end of life often make their efforts more effective when they act quickly and decisively.The tragic events of...
Tax changes may affect Connecticut estate plans
The probate court in Connecticut serves as a gateway for normal people to the services of the law. Two of the most common functions of probate is to attend to the needs of the living and to deal with the property and assets of the deceased.People who want their money...
Trust and will beneficiary rights and available actions
When a person leaves a trust or inheritance to a loved one, there are certain rules and regulations that govern the trust. In fact, some cases may require estate litigation. It is important that beneficiaries truly understand the process so that they receive the gift...
How do I make a will in Connecticut?
One of the most important functions of Connecticut Probate Court is assisting people in planning and executing wills. Wills contain the wishes of a person for what happens to his or her possessions and assets after death.Last wills and testaments must meet certain...
