Your Future is Our Priority
Personal Attention For Clients in North Haven & Throughout Connecticut

Blog

Inherited IRAs not Exempt in Bankruptcies, Says Supreme Court

Last month, the United States Supreme Court made a decision which has drastic financial ramifications for a large number of people across the country. Their decision, which was unanimous, was related to an inherited individual retirement account (IRA), and how it falls in with a bankruptcy plan.

Read More

List Out Digital Footprint for Your Loved Ones

The whole world is becoming more digital, and while there are an amazing array of conveniences that come with it, it also complicates estate planning a little bit. The phrase “digital footprint” is a term that means specifically how many accounts and memberships you have online. This can be gmail accounts, online banking, vehicle forums, social media, gaming sites, etc.

Read More

It Might be Time to Update That Estate Plan

The story plays out the same way almost every time you hear it: Some wealthy individual passes away, and despite the fact that they had an estate plan filled out, their family still gets embroiled in a bitter court battle over how the estate should be split up.

Read More

Estate Planning for Professionals

When an individual graduates from college or law school, there is a certain list of next steps on their mind. After years and years of hard work and studying, they are finally able to reap the benefits and get a good job.

Read More

The Danger of Federal Estate Taxes

No one enjoys taxes. While in many cases they are a necessity, it is always a hassle dealing with them, and it is always frustrating to see such a large portion of income simply vanish. For some people, April 15 is the most hated day of the year.

Read More

Estate Planning for Women Different in a Few Key Areas

Regardless of whether you’re female or male, the main strategy for planning out your estate should be more or less similar. Where the differences lie are in the details, and in later-life. To start with, women statistically live quite a bit longer than men. The U.S. Census Bureau reports that of individuals over the age of 65, 36% of women are widowed compared to just 12% of men.

Read More

Will Estate Plans Cross State Lines?

Moving can be a stressful and time-consuming endeavor, especially when state lines are crossed. Making sure that everyone stays safe and that all your possessions survive intact can take all your energy.

Read More

Family Is Important, But Not the Ultimate Deciding Factor

Estate planning can force you to make some tough decisions. Having to split beloved, sentimentally-important property between multiple family members can be extremely hard. It is fair to say that no one enjoys facing the prospect of their own death, even if the benefits of doing so VASTLY outweigh the costs.

Read More

Estate Planning Donations to Charity On the Rise

In years past, estate planning used to be simpler. There were fewer different types of possessions and investments, fewer retirement accounts and stock options, fewer rules and regulations, and there was less variety in family units.

Read More

Dealing With Digital Assets

In a previous post, we mentioned how digital assets are often times handled differently than physical assets, and how their recent advent is liable to change certain aspects of estate planning laws.

Read More