Drafting a will is one of the best ways to be certain your assets end up where you want them to go. Further, if someone in your life dies with a will in place, you do not have to second-guess his or her wishes. Still, not all wills are perfect. Sometimes, contesting a...
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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...
Keeping harmony in the family with smart estate planning
The more complex your estate, the more you worry about how and what your children should inherit after you are gone. Ideally, you want everyone to be happy, but you suspect there may be some infighting over assets. Here are four estate planning tips for maintaining...
How to avoid common estate planning pitfalls
For most residents of Connecticut, the primary goal of creating an estate plan is to maximize their wealth and leave as much of it as possible behind for their loved ones. The estate planning process, however, can prove tremendously complex in some circumstances. Many...
Reasons to avoid internet wills
With advancements in technology, many processes have become simplified. One reality is that many people have taken to the internet to create their wills. Unfortunately, this does come with drawbacks. Writing an estate plan is still one activity you want to...
Reasons to never make a DIY will
Most people, even those who are financially secure, want to find ways to save money. There are many ways in life to do this, but you should not try to save money when it comes to writing a will. Unfortunately, many throughout Connecticut continue to utilize DIY wills,...
Duties of an executor for your estate
The choice of an executor is one of the many considerations you will need to address as you plan your estate. This choice deserves as much careful planning and thought as the other provisions in your will.Legally, you can choose almost any adult to act as your...
3 tips for reducing estate taxes by giving to charity
One of your main estate planning goals is to minimize your tax burden. As you age, you may also start to consider what legacy you will leave behind. One way to reduce your taxes and feel good about yourself at the same time is through charitable giving. Giving to...
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...
3 common reasons families dispute over an estate
When you begin planning your estate, one of the primary objectives is to minimize the possibility of dispute amongst family members once you have passed away. This can be tricky, and even the most airtight estate plan does not guarantee that a family member will not...