by admin | Oct 23, 2012 | Connecticut Estate Planning Attorney Blog, Estate Planning, News, Newsletter, Veterans
Veterans and their survivors will see a cost of living adjustment (COLA) increase in their compensation and pension payment rates of 1.7% effective December 1, 2012. This increase is the first compensation and pension payment increase since 2009. The increase will...
by admin | Jun 25, 2012 | Connecticut Estate Planning Attorney Blog, Estate Planning, Veterans
Long Term Care Planning: VA Pension for Veterans. On June 15th, 2012, the Governor signed the Veteran’s Access to Public Assistance Programs bill (SB391). This bill mandates that, effective July 1, 2012, to the extent permissible by federal law, federal Aid and...
by admin | Apr 16, 2012 | Connecticut Estate Planning Attorney Blog, Estate Planning, Probate Matters
The Connecticut Appellate Court issued an important decision on March 20, 2012 concerning who may act as a witness to a deed conveying an interest in real estate and who may act as a witness to the execution of a durable power of attorney instrument. The case is...
by admin | Mar 5, 2012 | Connecticut Estate Planning Attorney Blog, Estate Planning, Special Needs Trusts, Trusts
Many families have children or adults with special needs. This raises many unique and challenging issues. Who will care for the special needs person when you can’t? Will he/she be able to live independently? Can he/she receive an inheritance without jeopardizing...
by admin | Feb 6, 2012 | Connecticut Estate Planning Attorney Blog, Estate Planning, Medicaid and Long Term Care, Veterans
The VA pension is a benefit paid to wartime veterans who have limited or no income and who are either (1) age 65 or older; or (2) who are under age 65 but permanently and totally disabled (not due to the veteran’s own willful misconduct). Veterans who qualify for the...
by admin | Sep 22, 2011 | Estate Planning, Taxes, Trusts
An ILIT is an irrevocable trust that enables a grantor to transfer insurance policy proceeds to family members without having the proceeds included in his or her estate. By working closely with an attorney and a financial adviser, an individual may transfer an...
