Opioids and Elder Abuse

You undoubtedly know about the opioid crisis in the United States. You may also know that the population of older adults (age 65 and older) in the U.S. is increasing at a rate never before experienced in this country. What you may not know is that the two are related to each other. A recently […]
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https://preserveyourestate.net/blog/elder-law/opioids-and-elder-abuse/

What Is the Difference between Estate Planning and Legacy Planning?

Most people are familiar with the concept of estate planning; however, “legacy planning” may be a concept that is new to you. Legacy planning allows you to do more than just pass down your material wealth. It allows you to pass down the intangible characteristics that make you who you are. To help you better […]
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https://preserveyourestate.net/blog/legacy-planning/what-is-the-difference-between-estate-planning-and-legacy-planning/

How Do I Apply for Medicaid in Connecticut?

Are you a senior who suddenly finds the need to apply for Medicaid? If so, you are not alone. The high cost of long-term care often causes seniors who have never before needed to rely on Medicaid to turn to the program for help. If you find yourself in just such a position, the Glastonbury […]
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https://preserveyourestate.net/blog/medicaid/how-do-i-apply-for-medicaid-in-connecticut/

Consequences of Modifying an Irrevocable Trust

Irrevocable trusts often can be modified. They can be modified under the Uniform Trust Code or a state law decanting. While these modifications may be determinative of the state law consequences, they may not determine federal tax consequences. Read on to learn more.
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https://preserveyourestate.net/blog/estate-planning/consequences-of-modifying-an-irrevocable-trust/

Why Crowdfunding May Cost You Medicaid Eligibility

Each year, crowdfunding websites raise money for causes. Did you know such a website could impact your eligibility to receive Medicaid? Read on to learn how crowdfunding can impact Medicaid eligibility.
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https://preserveyourestate.net/blog/estate-planning/why-crowdfunding-may-cost-you-medicaid-eligibility/

What Type of Power of Attorney Do I Need?

A Power of Attorney (POA) is one of the most common tools used in estate planning as well as in other areas of the law. As such, there is a very good chance that you will have a need for a POA at some point during your life. Deciding which type of POA you need […]
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https://preserveyourestate.net/blog/power-of-attorney/what-type-of-power-of-attorney-do-i-need/

What Are the Advantages and Disadvantages of a Living Trust?

Like many people, you may have considered including a living trust in your overall estate plan. In fact, a living trust is one of the most common of all estate planning tools, due in large part to the numerous goals that can be furthered using a living trust. Although you should always consult with an […]
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https://preserveyourestate.net/blog/living-trust-in-connecticut/what-are-the-advantages-and-disadvantages-of-a-living-trust/