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Is a Living Trust right for you?

by Allison DePaola | Oct 9, 2018 | Connecticut Estate Planning Attorney Blog, Estate Planning

We all have seen articles and advertisements in newspapers inviting the public to seminars to discuss something called a “Living Trust”. Often the article or the advertisement suggests that a Living Trust is an essential requirement of any estate plan. Although that...

Seven Myths & Truths about Living Trusts

by Allison DePaola | Sep 5, 2018 | Connecticut Estate Planning Attorney Blog, Estate Administration, Estate Planning

We posted this blog post many years ago, but, it is worth repeating.  We often get questions from clients and colleagues who are confused about what exactly a Living Trust is and the advantages and limitations of incorporating a Living Trust in an estate plan. A...

It’s time to send the kids back-to-school! Do your college-age children have the proper legal documents in place?

by Allison DePaola | Aug 9, 2018 | Connecticut Estate Planning Attorney Blog, Estate Planning

Planning for adult children. Your children are now 18 and going off to college. It is an exciting time where they will have their first experience with independence. As you plan for your children to start school, move away, and begin this new chapter, have you even...

What do I need to report on a Connecticut Estate Tax Return that is filed with the Probate Court?

by Allison DePaola | Feb 7, 2018 | Connecticut Estate Planning Attorney Blog, Estate Administration, Estate Planning

More than you may think! Solely owned assets that don’t have designated beneficiaries. Examples are solely owned real property, solely owned financial institution accounts, solely owned United States Savings Bonds, and solely owned shares of stock. Jointly owned...

New Year, New Numbers for 2018

by Allison DePaola | Jan 23, 2018 | Connecticut Estate Planning Attorney Blog, Estate Administration, Estate Planning, Long Term Care Issues, Medicaid and Long Term Care

Estate and Gift Tax: The federal lifetime exemption for property passing to non-spouse beneficiaries has been increased to $11,200,000.00. The Connecticut lifetime exemption for property passing to non-spouse beneficiaries has been increased to $2,600,000.00. There is...

Know the facts before getting a new Durable Power of Attorney Instrument!

by Allison DePaola | Feb 23, 2017 | Connecticut Estate Planning Attorney Blog, Estate Planning

In our October 2016 article we wrote about Connecticut’s new Uniform Power of Attorney Act and how it officially came into effect on October 1, 2016.  Have you seen information circulating that intimidates you into acting immediately to update your documents in order...
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Legacy Law Partners, PLLC

336 State Street, Suite 1

North Haven, CT 06473

203-795-1211

[email protected]