Once you execute your estate planning documents, it is important to set up reminders to review these documents periodically. There are many life changes that can affect the decisions you’ve made regarding your estate plan and the people you’ve named in it. 1. The Law Changes When you executed your estate planning documents, you may…
Details
WILSON’S UNABRIDGED DICTIONARY: THE ALPHABET SOUP OF THE MEDICARE SAVINGS PROGRAM Estate Planning Attorneys are known for loving acronyms. We like to shorten the names of the tools we use and sometimes throw the terms around, forgetting that not everyone speaks Alphabet Soup. POA, HCD, SNT, QTIP, QPRT, ILIT are just some of the terms…
Details
Myths & Misconceptions Monday (Real Estate / Home Edition) Vlog #4: “I Need To Make Sure I Have And Keep The Original Deed To My House” Thinking that you need the original deed to your property, is quite a common misconception. And to be quite honest, makes sense right? I mean, you need the originals…
Details
Let’s talk about the power of attorney form and what it means in Connecticut! When it comes to legal matters, every state has its own rules and regulations. They even name the same documents differently. They may even have the same name but mean something else, depending on which state you are in. So it…
Details
What is Sundowning? For many people living with Alzheimer’s and other forms of dementia, late afternoon and early evening hours may prove to be the most difficult, Therefore, the term “sundowning”. When the sun begins to go down, confusion, agitation, and anxiety begin to set in. There is no known cause for sundowning, nor is…
Details
What Is a Green Burial? Cemeteries, burial grounds, and preserves can be considered green if they meet certain criteria: Caring for the dead with a minimal environmental impact Contributing to the conservation of natural resources Reduction of carbon emissions Protection of worker health Restoration and/or preservation of the habitat Use of non-toxic and biodegradable materials,…
Details
When Can You Apply For Social Security Retirement Benefits? The full retirement age (or “normal” retirement age) is currently 66, however, you can start collecting your social security retirement benefits as early as age 62. You won’t get the full amount you would be entitled to at your full retirement age, but under certain circumstances,…
Details
Myths and Misconceptions Vlog #3: I Can Gift $15,000 Per Year Without Penalty While many people are familiar with the gift tax exemption, it is often mixed up with the Medicaid five-year look-back rules. Watch the video below for the full explanation by attorney Joan Reed Wilson: If you are having trouble viewing…
Details
Continuing our series about conservatorship guidelines in Connecticut. It’s important to touch base on whether you have any control over who the court appoints as your conservator. As well as whether they will take into consideration your power of attorney agent. People who have watched the Netflix documentary about Britney Spears’ court battle over her…
Details
What Is a Conservatorship? Conservatorship in Connecticut means that the Court appoints a person or organization to manage the life of another adult. There are Voluntary and Involuntary conservatorships. We will discuss Voluntary Conservatorships in a subsequent article. This article discusses Involuntary Conservatorship. In an Involuntary Conservatorship, the adult being conserved has to be deemed…
Details