Attorneys Who Know.
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Many people in Greenwich, Connecticut, don't like to think about death, but it is important to have clear estate plans for their eventual passing. If there is no estate plan, the court may decide who gets the assets. One type of estate planning tool to avoid this...
When you write your will in Connecticut, you might want to leave a portion of your assets to a friend or family member with special needs. However, it's important to talk to an attorney about the consequences of this decision. If you don't leave these assets in a...
Connecticut residents who have a significant amount of wealth in the form of assets and savings have many options when it comes to estate planning. Trusts are one of the most common entities that are set up to pass along wealth to future generations. One specific type...
Traditionally, every state requires that a person's will go through a process called probate. This is a court-supervised process that authenticates a person's will and ensures that all assets are distributed accordingly. One way to avoid the probate process in...
As you get older in Connecticut, you might find it increasingly difficult to manage your assets. Fortunately, you don't have to wait for a judge to place you under a conservatorship. You can establish a living trust and choose someone to manage your assets on your...
Many people in the Greenwich area have thought about their legacy after they are gone. Some people may have come from a long lineage of charitable giving while others are just now considering it. Besides naming a charity in a will or traditional trust, a charitable...
Trusts are separate legal entities designed to manage a person’s assets. For those of varying degrees of wealth, they can be vital instruments for avoiding probate upon their death and reducing tax burdens. Revocable, or living trusts, give the owner flexibility to...
One of the most misunderstood legal terms is “trust.” Most Connecticut residents have heard the term, but many have no understanding of the nature and operation of a trust. The subject of trusts is far too broad for a single (or even several) blog posts. This post...
A special needs trust is a great way to provide for a loved one while protecting his or her ability to receive government assistance, such as Supplemental Security Income and Medicaid. However, there are restrictions that are placed on special needs trusts, and you...
When Connecticut residents are contemplating the future, how best to protect loved ones while preserve as much of their assets as possible, there are many factors that should be considered. The individual circumstances will dictate how to proceed. For many, a simple...