For legal counsel in elder law East Hartford CT, you can trust Weatherby & Associates PC. With this established elder law firm in Hartford County, your elder family members are in good hands. Caring for older loved ones can be both satisfying and challenging. However, many young adults fail to plan for their aging loved […]
<p>If you have close relatives who are citizens of another country, you might receive a gift or inheritance from them at some point. While you usually do not have to pay taxes to the IRS for this, you may need to report it. </p>
<p>Limited Liability Companies (LLCs) are an important tool for small business owners, but they can also be useful in estate planning. An LLC can help you pass assets to your children while avoiding gift and estate taxes. </p>
<p>While you likely have the best of intentions regarding how you want your estate distributed when you die or your affairs handled should you become incapacitated, without proper planning your best intentions may not be enough.</p>
<p>A power of attorney may seem like a simple document, but there are several important decisions that need to be made when creating one.</p>
<p>Individuals who are researching nursing homes can now see staff and resident vaccination rates along with other quality and safety measure information at Medicare’s Nursing Home Compare website. </p>
<p><span style="font-size:small">Many families will eventually have to hire a caregiver to look after an aging relative. There are two main ways to hire someone: directly or through a home health agency.</span></p>
<p>Rising inflation due to the ongoing coronavirus pandemic means that in 2022, Social Security benefits will go up 5.9 percent, the sharpest upsurge since 1983. </p>
<p>While it is preferable to conduct long-term care planning well in advance of needing care, if you haven’t planned ahead, there are some strategies available to avoid spending all your assets. </p>
<p><span style="background-color:white"><span style="color:black">Is your family prepared for nature’s wrath and other disasters? A new guide has tips on how to ensure people with disabilities have everything they need in an emergency—well ahead of time.</span></span></p>