Joan Reed Wilson Esq. - Managing Partner Practices in the areas of estate planningelder law, Medicaid planning, conservatorships, probate and trust administration, and real estate. Admitted to practice in the States of Connecticut and California, she is the President of the CT Chapter of the National Academy of Elder Law Attorneys (NAELA), an active member of the Elder Law Section of the Connecticut Bar Association, accredited with the PLAN of CT for Pooled Trusts, with the Veteran’s Administration to assist clients with obtaining Aid & Attendance benefits for long-term care needs and with the Agency on Aging’s CareLink Network.
capital gains tax

How To Avoid Capital Gains the RIGHT Way

Even though it’s the shortest month of the year (even during a Leap Year!), February brings forth many significant milestones. Those of us in the northeast eagerly await the Groundhog’s report hoping for warmer days ahead, many people think of February as the month of love with Valentine’s Day on the 14th, it is often…

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Probate Avoidance

Probate Avoidance Mistakes

Probate can be a complex and lengthy process that many people wish to avoid when planning their estates. While it’s possible to sidestep probate through various means, such as trusts, joint ownership, and beneficiary designations, individuals often make critical mistakes in their attempts to avoid probate that sometimes cause more harm than going through probate.…

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clear to close vs pre approva

Pre-Approval Vs. Clear to Close

While “pre-approval” and “clear to close” may sound similar, they serve distinct purposes and signify different milestones in the mortgage approval process. Since February is known as the start of the Spring real estate market, many people are likely sprucing up to list their homes for sale and others are getting their ducks in a…

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Will and Estate Planning

What is the Difference Between a Will and Estate Planning?

A Will, also referred to as a Last Will and testament, is the document that most people consider essential to ensure that their wishes are carried out after their passing. On the other hand, many people do not think that they have enough money to warrant having an Estate Plan. While both are integral parts…

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repair relationships

This Year, Resolve to Repair

January is a time of reflection and resolutions. People often think about goals for the new year, and relationship repair is one of the most admirable. We are also on the heels of many family gatherings, some of which may have been strained, awkward, or uncomfortable. In our practice, we see the lasting and detrimental…

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Retirement Income

Is Retirement Income Taxed in Connecticut?

Did you know that Connecticut law provides income tax exemptions for Social Security benefits, railroad retirement benefits, military retirement pay, pension and annuity income, teacher pension income, and individual retirement account (IRA) distributions? Currently, exemption eligibility and amounts are determined based on the type of pay and the taxpayer’s total federal adjusted gross income (AGI).…

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