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, there’s no guarantee that your estate will pass to your […]
When an individual dies in Connecticut, that person’s estate must go through probate if he or she has a will or through estate administration if there is no will or the will is invalid. Essentially, the two processes are the same except that in probate the estate’s assets are distributed according to the decedent’s will […]
In this issue of the Connecticut Care Planning Council newsletter: Know Your Dementias – A Dementia Primer by Denise F. Talbot, MADementia is a general term used to describe the symptoms of a larger group of illnesses which affect your cognitive function, speech, reasoning and physical abilities… Vitamins and Mineral Supplements Are Important for OlderAs most people get […]
In this issue of the Connecticut Care Planning Council newsletter: Reverse Mortgages: A Quick Overview by Michael Savenelli, Sr. and Henry C. Weatherby Reverse mortgages represent an attractive financing option for a growing demographic. Approximately 10,000 baby boomers turn 65 every day. They and many other seniors must improve their financial situations at a time of economic uncertainty. […]
In this issue of the Connecticut Care Planning Council newsletter: Insurance the Answer to Long Term Care Planning? Long Term Care Insurance policies today are greatly diversified in their coverage. Home care, nursing home costs, adult day care, physical therapy, skilled and non-skilled nursing care are some of the services covered. Policies vary in price and what […]
<p>Caring for an elderly parent can be stressful for families. Siblings may disagree over how to provide care or where a parent will live, and these squabbles can end up costing the family thousands of dollars.
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<p>If you own property in more than one state, you need to do some planning if you want to keep your heirs from having to go through probate in each of the states.
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