Connecticut Lawyers

• Life After Caregiving
• How to Keep Caregiving From Ruining Family Relationships
  
• Caregiver Burnout
• Caregiver Stories

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• 6 Steps to Creating a Will
• Avoiding Probate with a POD Account
• Being a Power of Attorney is Not Easy
• Benefits of Pre-Planned Funeral
• Can You Inherit Credit Card Debt?
• Checklist: What To Do When Someone Dies
• Common Types Of Trusts
• Depression Rates For Caregivers
• Difference between Medicare and Medicaid
• Does An Executor Get Paid
• Don't Die without a Will
• Durable Power of Attorney for Health Care
• Estate Planning for Beginners
• Financial Toll of Being a Caregiver
• General Power of Attorney Form
• How Many People Die Without a Will?
• How Often Should You Update Your Will
• How to Prepare for the Death of a Loved One
• If You Not Going to Help - Keep Quite!
• Last Will and Testament Form
• Make Your First Will
• Must Read for Siblings of Caregivers
• Sample Last Will and Testament Form
• The Probate Process
• Things Your Executor Will Need to Know
• What Are Video Wills
• What Does an Executor Do?
• What is a Holographic Will?
• When is Probate Necessary?
• Worst Excuses For Not Having A Will

What Happens to Your Debts When You Die?
Several factors determine what happens to your credit card debt after your passing. The main factors to consider are the state in which you live and person who applied for the account. In most cases credit card debt is paid for through the estate of the decedent, meaning that if you have credit card debt at the time of your death, assets held in your estate will be used to pay off the debt. If there is not enough money in the estate to cover credit card bills, the credit card company will end up taking the hit and writing off the unpaid debt. ">Continued

Avoiding Probate with a Payable on Death Account
Among the ways to avoid the costs and inconveniences associated with probate include setting up a “payable on death” (POD) bank account. These are also known as “Totten Trusts” A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor of the trust) places money in a bank account or security with instructions that upon the settlor's death, whatever is in that account will pass to a named beneficiary. For example, a Totten trust arises when a bank account is titled in the form "[depositor], in trust for [beneficiary]".can be opened at most banks, brokerage houses, credit unions, and other financial institutions.

What's the Difference between Medicare and Medicaid
Because of their similar names, Medicare and Medicaid are often confused with one another. However, the two programs are actually quite different. While both are government-sponsored programs designed to cover health care costs, each program applies to different groups of people and has different eligibility requirements. It is important to be aware of these differences so that you can know what benefits are available to you and your loved ones. ">Continued

What Are Some Common Types Of Trusts?
Trusts come in a variety of forms and can be established in many different situations. The most common forms of trusts include: Asset Protection Trusts, Charitable Trusts, Implied Trusts, Living or Inter Vivos Trusts, Irrevocable Trust, Special Needs Trust, Spendthrift Trust, Tax By-Pass Trust, Testamentary Trust, and Totten Trust. ">Continued

Financial Toll of Being a Caregiver
Caregivers, on average, spend more than $5,500 per year in out-of-pocket expenses. Out-of-pocket expenses for Long-distance caregivers can exceed more than $8,700 per year for incidentals such as transportation, food and supplies. ">Continued

General Power of Attorney Form

How to Prepare for the Death of a Loved One
Coping with death is never easy to do, and no matter how much you prepare, it's always a very emotional and sad time. To help you prepare for your loss, here are some tips. ">Continued

When is Probate Necessary?
Probate is the court process to determine who receives assets owned by someone who has died. The court appoints a personal representative (or executor) to take charge of the estate, pay all debts and taxes and, ultimately, distribute the remaining assets to the heirs. There are occasions when the probate process can be avoided. This typically happens when assets have been transferred prior to death or proper beneficiary designations have been made such as a POD (Payable on Death). ">Continued