Signing Nursing Home Admission Agreements As A Responsible Party When a person is admitted to a nursing home, it is often a family member who manages the details of the move. If you are managing a loved one’s transition into a nursing home, you will likely be asked to sign a nursing home admission […]
Life is complicated, protecting your family shouldn’t be! Come to our free workshop and see how easy protecting your family can be. This presentation will review the 7 major threats to your family’s security. Learn what you need to know to avoid these threats and preserve your family’s assets and values. An hour and a half of […]
The Consequences of Life Estates A life estate is a form of ownership in which property owners transfer ownership in their property, most commonly their home, while retaining the right to use and occupy it for the remainder of their lives. This type of ownership is used to avoid probate of the property and also […]
In order to prepare your estate plan, you need to know that your assets can be put into two categories: probate and non-probate assets. Once you understand the difference between these two types of assets, you will be able to make informed decisions about how you wish to distribute your property to your loved ones.Probate […]
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, MA Dementia 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 Older As most […]
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 […]
One of the benefits of a Revocable Living Trust is that it can be updated when necessary. You may want to update your trust to comply with new laws or to reflect changes in your wishes or your life circumstances. In order to take advantage of this benefit, you should review your trust periodically to see if […]