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…
Will You Owe Taxes On Your Spouse’s Estate? Currently, for 2026, the estate tax exemption in Connecticut is $15 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 $15,000,000, there is an unlimited marital deduction, so…
In our estate planning, probate, and elder law practice here at Reed Wilson Case we often see family squabbles that erupt because of unmet expectations. Many of these expectations involve emotionally valuable personal property. And many of them erupt after the passing of a loved one. Related Post: What To Include In A Will…
FALSE FACT Vol. 1, Issue 1: If you don’t protect your money, the State will take it. This is probably the most common “inaccurate” statement that I hear in my elder law practice. We do help clients protect their assets, but not because the State will take them if you don’t protect them. Welcome to…
Unfortunately, many divorced couples find themselves back in family court for a variety of reasons with post-divorce conflict. So your agreement is signed and approved by a judge who declared you single – you leave the courthouse thankful that you will never step foot in it again. A large part of my practice consists of…
So what is the difference between right-brain and left-brain thinking? When I was about to marry my first husband, we were given a Myers-Briggs personality test about left/right brain thinking by the priest who was to marry us to predict our compatibility. I do not recall what the results were, but I seem to remember…
