Say someone who owns individually-titled assets with no beneficiary designation passes away. Whether they have a Will or not, the deceased person’s estate has to go through probate. In some cases, a probate bond is required by a Probate Court in CT. A probate bond is an insurance policy to protect the estate of the…
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…
If you are like most people, just the word Probate sounds so menacing that it can make your head spin. What is probate? Do you always go through probate when someone dies? Which assets get probated and which ones don’t? Do I need a probate attorney? How much does it cost? How long will it…
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…
