As a soon-to-be parent, you want to make sure that your little human is completely taken care of, from the minute you hear that first cry. The preparations begin months before the arrival of your bundle of joy, and the internet is full of all kinds of advice for parents, checklists, to-dos, tips & tricks,…
The federal government has expanded access to protections for the non-borrowing spouse of a reverse mortgage holder who is not named in the loan document, allowing more such spouses the ability to stay in their home if the borrowing spouse dies or moves to a care facility. Reverse Mortgage Protection Prior To 2014 A reverse…
RELEASE: Connecticut’s elder law attorneys group elects new leadership The Connecticut chapter of the National Academy of Elder Law Attorneys (CT-NAELA) announced that new members have been elected to key leadership posts. Attorney Joan Reed Wilson, the managing partner of RWC, LLC Attorneys and Counselors at Law, has been selected as president-elect. Who Is Attorney…
There Are Two Basic Types of Conservatorships In Connecticut One to manage the conserved person’s financial affairs (Conservator of the Estate) and one to manage their personal affairs (conservator of the Person). The Probate Court may appoint two separate individuals to perform these roles or one person to oversee both. Conservator of The Estate The…
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…
