<p>Don’t assume your estate will automatically go to your spouse when you die. If you don’t have an estate plan, your spouse may have to share your estate with other family members. </p>
<p>While legally you may not need all-new estate planning documents if you move to a different state, you should have your documents reviewed by a local attorney in your new home. </p>
<p>While it remains unclear exactly what tax changes President Biden’s administration will usher in, two possibilities are that he will propose lowering the estate tax exemption and eliminating the stepped-up basis on death.</p>
<p>Tucked into the federal spending bill that passed at the end of December 2020 are some changes aimed at simplifying Medicare enrollment and addressing coverage gaps. But Congress chose not to deal with the biggest problem.</p>
<p>Long-term care is the care you need if you can’t perform daily activities on your own for an extended period of time. There are a number of different ways that this kind of care can be provided. </p>
<p>All long-term care costs, particularly assisted living, rose sharply in 2020, according to Genworth’s latest annual Cost of Care Survey. The rises were due in part to increased costs brought on by the coronavirus pandemic. </p>
<p><span style="font-size:small">Medicaid planning can be a difficult and confusing process. Getting assistance from a qualified attorney will help you avoid these common mistakes.</span></p>
Weatherby & Associates, PC is the region’s primary resource for advice on asset protection Vernon CT. We are a leading Connecticut law firm with the knowledge and expertise to provide our clients with comprehensive services, such as estate planning, asset protection, and wealth preservation. As people age, taking a serious inventory of vulnerabilities that put […]
When you have questions about asset protection Manchester CT, call Weatherby & Associates, PC. As a leading Connecticut law firm, our dedicated professionals are focused on providing residents with wealth preservation, estate planning, and asset protection services. When you need to seriously evaluate vulnerabilities in your life that put your wealth and assets at risk, […]
<p>ABLE accounts are proving to be less of a savings vehicle and more of a game-changer that allows beneficiaries of programs like SSI to pay for their own living expenses and achieve an unprecedented level of independence.</p>