Insurance can play a crucial role in estate planning by providing a source of funds to pay for estate taxes, debts, and other expenses. It can also help ensure that your loved ones are financially protected in the event of your unexpected death. Additionally, certain types of insurance, such as life insurance, can be used…
Is the CSPA Connecticut’s Chapter of the ASPCA? Not exactly. So what is the CSPA and why am I writing about it anyway? CSPA stands for the Community Spouse Protected Amount and the reason my blog focuses on it this month is because the minimum CSPA in Connecticut has been increased to $50,000 effective July…
Please join us in congratulations our managing partner, Joan Reed Wilson, who was elected to serve as the President of the CT Chapter of the National Academy of Elder Law Attorneys (“NAELA”) for 2023-2024. Attorney Wilson joined NAELA in 2005 and most recently served as Vice President from 2019-2021 and President-elect and the Chairperson of…
Given the recent unrest regarding the possible overturning of one of the most important laws in Women’s health, it’s important to look deeper into how Constitutional law may affect not only women’s rights over their bodies, but other cornerstone laws as well, and in return Estate Planning at its core. One of my favorite classes…
If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum retroactive payments option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment. If you have waited beyond your full retirement age (66 for those…
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. The date that the agency chooses for this analysis is called the “snapshot” date and it can have a major impact on a couple’s financial future. Medicaid Eligibility for Couples…
