A Hartford estate planning attorney helps you to be proactive in avoiding estate planning mistakes. Taking proactive steps to avoid estate planning mistakes is vital because a mistake could cost you and your loved ones everything. You don t want to make an error like using the wrong legal tools or not using legal tools correctly [ ] The post What are the Consequences of Estate Planning Mistakes? appeared first on Nirenstein, Horowitz & Associates P.C..
A Hartford estate planning attorney provides you with assistance in making smart choices about how to transfer your wealth to your children. There are a variety of different techniques that you can consider for the transfer of money and property. The right approach will depend upon a wide variety of factors, including the value of [ ] The post How Can I Best Pass My Wealth Onto My Kids? appeared first on Nirenstein, Horowitz & Associates P.C..
Hartford estate planning attorneys can provide assistance with the creation of an original estate plan if you do not yet have a plan in place already to protect your wealth and to provide for your loved ones. The help that Nirenstein, Horowitz & Associates provides, however, extends beyond just assisting you with taking the initial [ ] The post Do You Need to Talk with Estate Planning Attorneys to Update a Will? appeared first on Nirenstein, Horowitz & Associates P.C..
Connecticut estate tax rules can affect you if you have a larger estate, or if you will be inheriting a substantial amount of money. Estate taxes can be assessed on certain estates, which means that money which would otherwise go to loved ones or charities will instead have to be paid to the government. Estate [ ] The post Does Connecticut Estate Tax Affect You? appeared first on Nirenstein, Horowitz & Associates P.C..
During the probate process in Connecticut, the executor of an estate has many important responsibilities. The executor is chosen by the deceased when the deceased is writing his will, and it is the executor s job to move the estate through the probate process. An experienced attorney can provide help to those who are making a [ ] The post Considerations When Choosing the Executor of an Estate appeared first on Nirenstein, Horowitz & Associates P.C..
Estate tax planning is very important if you have valuable assets that you want to leave to your loved ones. It becomes especially essential for those with a family business or farm, which are illiquid assets that could be counted as part of your taxable estate and that could leave your estate struggling to find [ ] The post Myths about Estate Tax Planning appeared first on Nirenstein, Horowitz & Associates P.C..
Connecticut inheritance taxes and federal estate taxes are different. In some cases, depending upon the value of your estate, taxes may be owed both to the federal government as well as to the state government. You need to know tax rules, whether your estate is subject to taxation, and how taxes will affect your ability [ ] The post Connecticut Inheritance Taxes vs. Federal Estate Taxes appeared first on Nirenstein, Horowitz & Associates P.C..