A power of attorney automatically terminates after the death of the principal. This means that the agent no longer has any authority to act on behalf of the deceased person. Instead, the executor or personal representative of the deceased person’s estate will take over the management of their affairs. Power of Attorney and When Should…
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What Is The Difference Between DNR and Living Will? A DNR (Do Not Resuscitate) order is a medical directive that instructs healthcare providers not to perform CPR or other life-saving measures if a person’s heart stops or they stop breathing. A living will, on the other hand, is a legal document that outlines a person’s…
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Does Your Will Determine Who Inherits Your Assets When You Die? Last month I discussed how clients are often unpleasantly surprised to learn that having a Last Will and Testament does not negate the need for probate. Many people also incorrectly believe that the Will is KING. They think that the terms of the Will…
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Every year, the Medicare Annual open Enrollment Period (“AEP”) is October 15 – December 7. AEP is the time that Medicare recipients can review and change their Medicare plan if they should choose to do so. FALSE FACTS FRIDAY Issue 11: “I’m Happy with My Medicare Plan, So I Don’t Have to Review It for…
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Have you heard of the “READING OF THE WILL”? Of course, you have! because it has been a scene in many TV shows and movies. After someone dies, the lawyer hosts a meeting in his (usually “his” because, well, you know, but that’s a topic for another time…) office. Everyone who had a relationship with…
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As a lawyer who is passionate about educating the public, I find that a lot of people are unaware of certain laws that affect them. At the same time, certain laws seem to stick in people’s minds, even decades after the law has changed. How many of you have heard that you have to reinvest…
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What is a DNR? “DNR” stands for Do Not Resuscitate and means that if you stop breathing, you will not be resuscitated. Most, otherwise healthy people, would want to be resuscitated if they collapsed and stopped breathing, for example, if they had a heart attack. Those who are terminally ill and are suffering may choose…
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In the past week, we have received calls from two different clients whom we had helped in the past. Each of them called because they were in the process of probating their parent’s estates and both were quite frustrated and wanted our advice regarding the probate attorney they had to use. They each said that…
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The Fall of 2019 brought uncertainty to the Medicare Savings Programs (MSP) in Connecticut when they were unexpectedly slashed by the state budget. After several months of negotiations, a bipartisan effort was able to revive the program that affects so many seniors. What Are Medicare Savings Programs? The Medicare Savings Programs in Connecticut are benefits…
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Will You Owe Taxes On Your Spouse’s Estate? Currently, the estate tax exemption in Connecticut is $12.92 million per person. So although an Estate Tax Return must be filed for every decedent, tax is due from very few estates. And even if the decedent’s assets exceeded $12,920,000, there is an unlimited marital deduction, so if…
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