by Allison DePaola | Sep 17, 2015 | Connecticut Estate Planning Attorney Blog, Estate Administration, Estate Planning
You may be surprised to know that there is a whole group of assets you may own that do not pass as directed in your Will. Examples are retirement accounts, life insurance, annuities, transfer on death accounts, or jointly owned accounts. Collectively, these assets...
by Allison DePaola | Sep 17, 2015 | Connecticut Estate Planning Attorney Blog, Estate Planning
Remarriage after death or divorce is not uncommon. If you are in a second marriage and have children from an earlier marriage you may want spouse #2 to be able to live in the home after your death, but, at the same time, may want to be sure the home passes to your...
by Allison DePaola | Aug 27, 2015 | Connecticut Estate Planning Attorney Blog, Estate Planning
Many people have a Will that instructs how their assets should be divided and distributed after their death. However, a Will only determines the division of probate assets; a Will does not govern the division of non-probate assets. What are probate assets?...
by Allison DePaola | Aug 1, 2015 | Connecticut Estate Planning Attorney Blog, Estate Planning
One key to planning your estate is to understand the difference between probate and non-probate property. Probate is the process of the Probate court determining how to distribute your property after you die. This process is simplified if you have a Will in place that...
by Allison DePaola | Apr 22, 2015 | Connecticut Estate Planning Attorney Blog, Estate Planning
The motivation for this question almost always is that the parent feels that adding the child’s name to an account will allow the child convenient access if the parent needs help managing things. Another reason is the belief that making the account “joint” will avoid...
by Allison DePaola | Mar 28, 2015 | Connecticut Estate Planning Attorney Blog, Long Term Care Issues, Medicaid and Long Term Care, Veterans
The Department of Veterans Affairs announced on Tuesday, March 24, 2015 that Veterans care at a private medical care facility will now be paid for by the government if: (1) the veteran had to wait more than thirty (30) days for an appointment; or (2) the veteran lives...
