Category Archives: Elder Law
Disability Trusts & ABLE Savings In Connecticut
Are you or a loved one concerned about a disabled family member’s well-being and how their condition will be managed when you can no longer care for them? Is a simple trust not enough to meet their specific needs? You may have options. ABLE savings accounts are specifically designed for Connecticut special needs residents… Read More »
Social Security & IRS Senior Scams On The Rise
Government officials warn that 2022 will be the year of increased internet and telephone scams. While this does not come as a surprise to most, scams were extremely prevalent last year regarding Google, cryptocurrency, Medicaid, Social Security and the IRS. Authorities estimate that robocallers and other scammers are trying to take advantage of the… Read More »
Scam Alert: A Loved One Calls Claiming A Crisis Needing Money Immediately
A scam that is currently making its way around the country, and which particularly targets the elderly, is someone claims to be a loved one calls and says he or she is in terrible trouble. The caller further claims that the grandchild or child needs money very quickly to avoid issues and asks that… Read More »
Tips For Preventing Elder Fraud And Identity Theft In Connecticut
Alison’s mom, Irene, is complaining that she constantly receives telemarketer calls all day and night. Now Irene says the Social Security Administration called telling her she had to update her bank account information with them or her social security check would not be sent for that month. Irene did as the caller said, explaining… Read More »
What Are Medicare Savings Programs?
You may be able to get help from Connecticut paying your Medicare premiums. In some cases, Medicare Savings Programs may also pay Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance) deductibles, coinsurance, and copayments if you meet certain conditions. There is a federal government program that provides funding that low-income seniors… Read More »
3 Tips To Avoid Common Estate Planning Mistakes In Connecticut
Michelle and Daniel (our hypothetical characters) were parents of adult twins, both about to turn 18. When Michelle and Daniel had children, they drafted a will detailing important information about guardianship and asset distribution in the untimely event of their death. They did not consider creating a trust because they assumed, like many people,… Read More »
How Often Should You Update Your Will?
You drafted a will ten years ago when your first became a parent. Since then you have started a small business, had two more children and purchased a rental property. You also write music lyrics for which you own the publishing rights to. So is it really necessary that you revise your will? Is… Read More »
Understanding The Benefits Of A Special Needs Trust
Are you the parent of a minor or adult child with special needs? Are you concerned about their medical and emotional needs as you age? Will they continue to need specialized care after your passing? Are you concerned that your spouse, or even you, may need care and want to protect your savings and… Read More »
3 Reasons Why Long-Term Planning Is Crucial
You have a nest egg saved for retirement, a ROTH IRA, a 401K, a pension, and a will. So you are done planning for your long-term health and financial future, right? Wrong. While saving for retirement starting in your twenties and thirties is critical, and drawing social security can help, long term planning is… Read More »