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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The Alzheimer’s Association Walk to End Alzheimer’s®
On September 22, 2013, a team from Weatherby & Associates, PC participated in the Alzheimer’s Association Walk to End Alzheimer’s®. While we have worked with many clients and famili…
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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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It’s always difficult to lose a loved one, particularly a parent, spouse, or child. But the difficulty of the loss can be magnified if one believes that the lost family member left behind a will that should not be honored for some reason.
The decis…
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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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Post-DOMA Planning:
IRS To Recognize Same-Sex Marriages For All Federal Tax Purposes
Since the Supreme Court struck down Section 3 of the federal Defense of Marriage Act in June, federal agencies have begun updating regulations to conform to the d…
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NEW LAW IN CONNECTICUT
Transfers (Gifts) Can Lead to Being Sued by Nursing Homes
The Connecticut legislature recently passed a new law concerning Medicaid eligibility which allows nursing homes an additional basis to sue to recover lost revenue becau…
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Can Community Spouses ‘Just Say No:’?
Connecticut Doctrine of Spousal Refusal Narrowed by U.S. District Court
Often, a Medicaid applicant needing nursing home care will have a spouse who is able to continue living at home in the community…
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What is a Will Registry?
What’s worse than dying without an estate plan? Having one, but your survivors are unable to locate it, or don’t even know to look for it. In such a case, your estate would be distributed under intestacy laws, the sta…
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Attention Connecticut Residents!
As a Connecticut resident, you are NOW ELIGIBLE for government assistance for protecting your assets under a state sponsored program. Connecticut residents can now receive Medicaid payments for Long-Term Care serv…
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