Making smart use of asset protection strategies is important at all phases of your wealth-building process. When you work hard, you deserve to benefit from the fruits of your labor and to enjoy financial security. You cannot do this if your wealth is lost due to things like creditor claims, lawsuits, high nursing home bills, [ ] The post 5 Key Asset Protection Strategies appeared first on Nirenstein, Horowitz & Associates P.C..
There are many reasons why you may be interested in avoiding probate. To avoid probate, you must make an estate plan well in advance of the time that you pass away. After your death, it will be too late for your family to avoid probate and they will need to go through the probate process. [ ] The post Top 4 Benefits to Avoiding Probate appeared first on Nirenstein, Horowitz & Associates P.C..
The process of contesting a will involves challenging the validity of a last will and testament that has been created by a deceased person. The process occurs during probate and it can be a complicated one, but it could result in a will being declared invalid and not being probated. In the right circumstances, contesting [ ] The post Pros and Cons of Contesting a Will appeared first on Nirenstein, Horowitz & Associates P.C..
A nursing home planning lawyer provides help to seniors and their families in Connecticut in making sure that the right care options are selected and in making certain that necessary care can be paid for. Even with advanced planning and asset protection to keep wealth safe from nursing home bills, making the decision to go [ ] The post New Options in Home Care for Connecticut Seniors appeared first on Nirenstein, Horowitz & Associates P.C..
There are many substantial advantages to creating a trust. Trusts are powerful legal tools and, depending upon the kind of trust you create, you can protect assets, take care of heirs, plan ahead for incapacity, or accomplish other goals. If you are thinking about potentially creating a trust, you should talk with an experienced attorney [ ] The post Signs That Creating a Trust is Right for You appeared first on Nirenstein, Horowitz & Associates P.C..
A durable power of attorney (POA) is an important tool used for incapacity planning because the power of attorney can give you control over who acts for you when a physical or mental illness prevents you from acting on your own. If you create a durable power of attorney, you get to make a choice [ ] The post How to Create a Durable Power of Attorney appeared first on Nirenstein, Horowitz & Associates P.C..
The executor of a will has a substantial amount of responsibility during the probate process in Connecticut. In addition to filing court paperwork and taking care of tax issues, the executor is also responsible for managing the assets of the estate and making certain that the deceased s property is cared for until it can be [ ] The post What if the Executor of a Will Makes a Mistake? appeared first on Nirenstein, Horowitz & Associates P.C..