Help Your Loved Ones by Keeping a Record of Online Accounts and Passwords
These days, we increasingly manage our financial and social lives online. Many of us pay our monthly utilities and credit card bills online as well as receive paperless bank…
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Understanding Trusts:
Common Types of Trusts and How They Work
Trusts are a common planning tool that can be used to allow one person to hold property for the benefit of another. There are different types of trusts with different benefits and drawb…
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Long-Term Care Insurance Industry Reports Struggles
Despite the potential benefits of long-term care insurance for many people, the long-term care insurance industry is facing significant challenges. Insurers have had to pay out higher than expecte…
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Stuck in the Middle: Planning Challenges for the Sandwich Generation
If you have parents and children alive at the same time, you are part of the Sandwich Generation. This term describes the phenomenon of being “sandwiched” between elderly pare…
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In recent decades, an increasing number of people have built their families using assisted reproductive technology (ART), the best known example of which is in-vitro fertilization (IVF). With advances in technology, ART has become more and more succe…
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It’s among the most difficult conversations parents and their adult children ever have: what plans have Mom and Dad made in the event of their death or incapacity?
Yet as difficult as the conversation can be, having it can ward off a world of troub…
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Most people have very little involvement with probate procedures, wills or the distribution of estate assets. Although they may have received an inheritance, few actually get involved on a detailed level. So when it comes time to consider their own e…
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When a person passes away and leaves an inheritance behind for loved ones, it’s natural for the person’s heirs and beneficiaries to want to know what they have been left. It’s also natural for these individuals to want to make sure the estate i…
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One of the questions I commonly get when helping a client with their will is whether they can or should name more than one executor to their estate in Connecticut. There are many reasons a person may consider naming more than one executor and the a…
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Wills are made to ensure that the property and money you’ve accumulated over the years goes to the people you want to receive it and not to anyone you don’t want to receive it. But if your will is not valid when it is entered into probate, ther…
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