by Richard S. Land - The Community Spouse Protected Amount (CSPA) It’s bad. What your spouse will be allowed to keep may be much less than expected. On the other hand, it could be a lot worse. If you learn about the rules ahead of time and do some planning, you can...
Estate Planning
Elder Financial Abuse
by Alyson Marcucio - Elder financial abuse in the United States is much more prevalent than we might believe. Unfortunately, it is often unreported or underreported, often due to fear of retaliation. Seniors lose approximately $2.5 billion annually to financial abuse....
Scary Claims About Probate Fees and Costs
by Richard S.Land - Have you heard scary claims that, if you do not have a Living Trust or avoid probate, probate costs and fees may take 50% of your estate? Maybe you weren’t fooled but you may have been confused. We would like to help clear up the confusion. When we...
Estate Planning in Uncertain Times: CME’s 25th Annual Estate Planning Seminar
COVID, Elections, Lockdowns, Masks, Focused Protection, Statistics, Essential Workers, Nonessential Workers, Unemployment, the CARES Act, Relief Package, Riots, Protests, Cases, Tests, Infections, PCR Cycle, IFR, from COVID, with COVID, Vaccines, Herd Immunity,...
The Evolving Anatomy of the Connecticut Trust
by Nicholas C. Lozito - In an effort to modernize Connecticut’s trust laws, Governor Ned Lamont enacted comprehensive changes which went into effect on January 1 of this year. Among these changes was the adoption of Connecticut’s version of the Uniform Directed Trust...
What You Need to Know About Probate Changes and Estate Settlement in Connecticut
by Richard S. Land - Connecticut probate has changed. Our updated video on estate settlement covers the changes. The Executor’s responsibilities are many. It is easy for the Executor to become overwhelmed or miss something important. Topics covered in the video...
Can Distributions Under a Will Be Changed After Death?
by Richard L. Emerson - I am often asked this question and the answer is “it depends”. If there is no Will then under the rules of intestacy the first $100,000 of probate assets are distributed to the surviving spouse and the balance is distributed 50/50 between the...
To Transfer or Not To Transfer
by Alyson Marcucio - (Isn't that really the question?) The rising cost of long-term care is a reality that many families are faced with daily. Whether in the home or in a skilled nursing facility, families struggle to find ways to pay for their loved one’s care. Many...
Is it time to review your estate plans?
A lot of people find thinking and talking about what’s going to happen after they die so unpleasant that they can’t wait to finish the paperwork for their estate plans and forget about the whole thing. The only problem is that an estate plan is something that has to...
The $30 trillion wealth transfer
Baby Boomers are those born from just after the Second World War until 1964, and they represent a spike in the birth rate due to soldiers returning home and an economic boom for the United States; the war helped to bring the country out of the Great Depression. Over...