The loss of a loved one can weigh heavily on any Connecticut resident. Though it is important to take time to grieve, individuals who have been named the executor of an estate will need to start carrying out their obligations soon after the person’s passing. Many...
Do not forget to choose an IRA beneficiary
When it comes to estate planning, creating wills and avoiding probate as much as possible top the to-do lists in Connecticut. Even so, many people who try to DIY this may forget to add beneficiaries to some of their most important accounts. These may include...
What to do about inherited property
Over the past year, the media has become fixated on the fact that millennials and Generation X will soon inherit trillions of dollars from the baby boomer generation. What many of these articles fail to cover is that baby boomers themselves are still inheriting from...
Reduce family stress by leaving a will behind
When families in Connecticut lose someone they love, they may also find their time of mourning interrupted by financial necessities regarding their loved one’s estate. Family members may also fight over items of monetary or sentimental value. To make matters...
How can I prevent my heirs from fighting?
An estate plan ensures your family is cared for after you're gone. However, estate plans can also be the source of stress between heirs when one perceives he or she has been slighted or not received a fair share of the estate. While you can't always prevent your heirs...
Preparation is critical in writing a reliable will
Writing a will is just one of several factors of coordinating a complete estate plan. For many people in Connecticut, it is also one of the most important. This critical document allows people to make designations for the responsibility of dependents, as well as...
