Estate planning is a critical aspect of financial management that often gets overlooked; however, given the unique challenges and responsibilities women face throughout their lives, effective estate planning is essential for ensuring financial security, protecting assets, and providing for loved ones. In this article, we’ll explore the importance of estate planning for women, common considerations,…
In December 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act marked a pivotal moment in retirement planning, introducing substantial revisions to beneficiary distribution rules. However, its impact was swiftly eclipsed by the onset of a global pandemic, diverting attention from its provisions. Now, with the nation gradually shifting focus beyond the pandemic’s…
We have everything you need to know right here! With this insightful breakdown by Elder Law Attorney Joan Reed Wilson, of elder law facts and figures in 2024. Understand how the latest elder law updates will affect you. Get informed and make sure your assets are protected! For those who enjoy numbers over words, this…
Talking about estate planning is a difficult, emotional topic but it’s essential for every family. Unless you’re certain your parents have an up-to-date will and a wider plan for what should happen in the event of their passing, you shouldn’t assume everything will be taken care of. According to a 2021 survey, less than half…
November has been designated “National Family Caregivers” month to raise awareness of caregiving issues, educate the community, recognize family caregivers, and increase support for caregivers. In our practice (and in my own family), we see many families who are supporting an aging loved one. It’s what people do, especially for a parent or others who…
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…
