As the coronavirus continues to impact life as we know it here in the United States, the most common question we’ve been asked during the course of the pandemic is whether an existing estate plan should be changed or updated. Of course, the answer to that question (like most things in life) is that it...

Most people are familiar with the term “life estate” as a way to give someone “life rights” to a property. While a life estate does accomplish this goal, choosing to set up a life estate is not a one-size-fits-all solution and may even cause serious consequences for everyone involved. What is a Life Estate? A...

A Special Needs Trust (SNT) is a complex legal tool set up on behalf of a person with special needs or disabilities. The SNT allows a beneficiary with special needs to safely utilize money or property in the trust without jeopardizing the ability to collect needs-based public benefits such as Supplemental Security Income (SSI) and...

Milford probate lawyers hear quite regularly from heirs who are shocked to learn that the property they inherited from a loved one comes with a mortgage. Now what? It’s important to know that a mortgage does not die when the owner does. How that mortgage is dealt with depends on a variety of factors, including...

As we continue on in this time of social distancing and, in some communities, shelter-in-place, more and more people are faced with a difficult situation: handling out-of-state probate proceedings after the death of a loved one. Many seniors today are “snowbirds” who spend their winters in warmer states like Florida while keeping their actual residency...

There are several strategies available that Trumbull estate planning lawyers use to help seniors and their families avoid lengthy and costly probate proceedings, including adding other people as joint owners on their accounts or making beneficiary designations on accounts and policies. However, these strategies should only be done under the supervision of an experienced estate...

A conservatorship is when a person is appointed by the court to look after another person’s financial and physical well-being. This is not always a great situation to be in since the court may appoint someone who would never be chosen by the individual or their family. Fortunately, there are a few simple ways to...

Did you know that more than half of all adults in America do not have a Last Will and Testament? That number is even fewer when it comes to Revocable Living Trusts. You’d think more people would create an estate plan, especially since there are so many public figures who famously left a mess for...

Shelter in place and quarantine orders are the rule of the day with the coronavirus outbreak. Many of these executive orders came while snowbirds and retirees were staying here in their second homes, and now they are likely stuck there for a little longer than they originally planned. From a legal standpoint, many snowbirds are...

Estate planning is a responsibility we all have, young or old. Yet only about half of all Americans with children have a Last Will and Testament or Trust to direct how their children should be cared for and who should inherit any assets left behind after death. It’s also troubling to know that most estate...

On the heels of a very rough month for our country, scammers are now coming out of the woodwork in an attempt to defraud individuals and vulnerable senior citizens who are isolated and perhaps unclear about current policies related to coronavirus stimulus payouts or testing. We wanted to warn our clients and readers about some...

More than 10 percent of people who are acting as caregivers for an older family member are doing so from a distance. Living an hour or more away from an aging parent or other relative can present some additional challenges for caregivers. Among those challenges are the financial strains of hiring help and the difficulties...

Parents of children with special needs often find themselves overwhelmed with the daily responsibilities of managing their child's care and coordinating various services. There is often very little time or energy left to spend on long-term planning. However, consulting with a special needs attorney in Milford can get you started on the right path to...

When an elderly parent reaches the point where they need assistance with their daily living tasks, caregiver duties often fall on the shoulders of their adult children. In some families, the caregiving responsibilities are divided between siblings or other relatives. Ideally, everyone sharing in those duties will be on the same page when it comes...

With the number of COVID-19 cases in America increasing exponentially, people across the country are preparing themselves for every possible scenario. As a result, many estate planning attorneys are being inundated with calls and emails about how to plan for this type of pandemic. While the following five tools are essential for estate planning at...

Intellectual property – ideas or works of art that have value but don’t originate in material reality – are considered personal property and may be bequeathed to heirs. There is well-established law on intellectual property and estate law for those who want their heirs to benefit from the fruits of their labors. If you’re creating...

Self-made billionaire Warren Buffet once famously said, “Leave your children enough money so they can do anything, but not enough that they don't have to do anything.” Commodore Vanderbilt's grandson, an heir to some $60 million in 1885, also once declared that "inherited wealth is as certain death to ambition as cocaine is to morality.”...

When a loved one passes away, the grief is often overwhelming and exhausting. Your emotional state may make it nearly impossible to carry on basic functions like sleeping or eating. Trumbull probate lawyers understand that the last things you'll feel like tackling are the legal or financial tasks that must be handled after an individual...

Whether you've been asked to be the trustee of a loved one's trust or you're in the process of choosing someone to act as your own trustee, it helps to understand what is expected of a trustee. Being a trustee involves a lot of responsibility, often on both a short-term and long-term basis. Keep in...

Milford estate attorneys know that it’s not inherently bad if your son-in-law or daughter-in-law receives your child’s inheritance. After all, he or she is part of the family. Ideally, if an in-law ends up with the family’s money (say your adult child passes away first), it’s always the hope that the in-law will pass down...

If you’re in your twenties or thirties, you’ve probably heard about the importance of creating Wills and Trusts… but maybe you think you’re too young for estate planning or that you don’t have enough assets yet to justify putting a plan in place. But, Milford estate planning attorneys will tell you that it is a...

After you complete the process of creating an estate plan with your Trumbull estate lawyer, you’ll want to give serious thought about the place where you will store your original documents. Unfortunately, if your original documents can't be found after you pass away, it will be presumed that you died without leaving a will or...

New Haven special needs planning lawyers often help parents set up a supplemental or Special Needs Trust in Connecticut to protect their child’s resources and inheritance for the future. When crafting this important document, the attorney will also help their clients choose a trustee who will be charged with overseeing and managing the funds in...

As estate planning and elder law attorneys, our practice is dedicated to serving our most vulnerable citizens, including seniors, those who are ill, disabled, experiencing mental health challenges and children with special needs. We deeply understand the anxiety and hardships that the current coronavirus outbreak is causing to everyone in our community. We have also …

Creating and building a successful business is an incredibly difficult undertaking – and maintaining that success is usually even more challenging. Protecting that success, however, is a different story entirely. You must consider what will happen if you die or become incapacitated, if your business will be subjected to estate taxes once you pass away,...