The Reed Wilson Case blog, managed by RWC, LLC Attorneys and Counselors at Law, serves as a comprehensive resource for individuals seeking insights into various legal domains. The blog covers a wide array of topics, including estate planning, elder law, probate, Medicaid, and real estate closings, reflecting the firm’s dedication to educating the public on these intricate subjects.
President Biden has introduced a plan to spend $400 billion over eight years on home health care and community-based care for elders and people with disabilities. The money would go to expand access to care and support higher-paying caregiving jobs. As the elder population grows, our long-term care system is becoming increasingly strained. The AARP found…
What Is a Living Trust? A living trust is an agreement in which a settlor (the person who creates the trust) appoints a trustee, to manage the assets within the trust, on behalf of the beneficiary or beneficiaries named in it. The beneficiary can be you or anyone else you name. It’s called a “living…
Understanding the Connecticut Probate Process Losing a loved one is never easy. In the days and weeks that follow, family members are often faced with legal and financial responsibilities they never expected to handle. One of the first terms many people encounter is probate, and for those unfamiliar with the process, it can feel confusing…
Buying real estate is one of the largest financial decisions most people will ever make. Whether you’re purchasing a home with your spouse, a family member, or a business partner, one important decision is often overlooked: How should you hold title to the property? The way ownership is listed on the deed determines what happens…
Today’s video talks about the language of a statutory power of attorney document and the limitations it has when it comes “self dealing”. Essentially, your Power of attorney may not have the ability to transfer assets to themselves. This becomes a problem when you have a couple who are each other’s POAs. I hope this…
We’ve all heard the terms “man’s best friend”, “fur babies” and “pets are family”, even I call my big furball dog my “firstborn child”. But unfortunately, according to the law, pets are still considered property. And the only way to protect your property is with an estate plan. A pet trust specifically tailored to include…
