Connecticut Ranked in Bottom Half of States for Elder Abuse Protection

America is experiencing a historic growth in seniors – and that growth is not projected to slow down anytime in the near future. With the dramatic increase in older Americans has come an increased awareness of issues that impact them, including the prevalence of elder abuse, neglect, and financial exploitation. States across the nation are […]
The post Connecticut Ranked in Bottom Half of States for Elder Abuse Protection appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/elder-law/connecticut-ranked-in-bottom-half-of-states-for-elder-abuse-protection/

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Nongrantor Trusts Can Be Very Useful in Certain Situations

A trust may be taxed as either a grantor trust or a nongrantor trust. Each type of trust has advantages and disadvantages. This article examines a nongrantor trust and situations in which it might be useful.
The post Nongrantor Trusts Can Be Very Useful in Certain Situations appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/estate-planning/nongrantor-trusts-can-be-very-useful-in-certain-situations/

Grantor Trusts Provide Flexibility and Ease

A trust may be taxed as either a grantor trust or a nongrantor trust. Each type of trust has advantages and disadvantages. This article examines a grantor trust and situations in which it might be useful.
The post Grantor Trusts Provide Flexibility and Ease appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/estate-planning/grantor-trusts-provide-flexibility-and-ease/

Turning the Page on 2018 and Looking Forward to 2019

As we turn the page and bid farewell to 2018, we look forward to 2019. This article summarizes the major changes for 2019, both in the tax area and in other areas. Read on to learn more.
The post Turning the Page on 2018 and Looking Forward to 2019 appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/estate-planning/turning-the-page-on-2018-and-looking-forward-to-2019/

Can Medicaid Take Your IRA?

Estate planning, when done correctly, will accomplish considerably more than just creating a blueprint for the distribution of your assets after you are gone. It will also protect those assets while you are still here as well as after your death. One of the biggest potential threats to your assets is probably one you haven’t […]
The post Can Medicaid Take Your IRA? appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/medicaid-in-connecticut/can-medicaid-take-your-ira/

What Happens When an Estate Lacks Sufficient Liquid Assets to Pay Claims?

At some point during your life, you will likely be intimately involved in the probate of an estate, making it beneficial to learn as much about the process as possible. Knowledge about the probate process is also beneficial when you are creating your own estate plan.  Careful planning, for example, can help your estate avoid […]
The post What Happens When an Estate Lacks Sufficient Liquid Assets to Pay Claims? appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/probate/what-happens-when-an-estate-lacks-sufficient-liquid-assets-to-pay-claims/