Hartford estate planning attorneys can provide you with invaluable help in creating your estate plan. Many people believe, erroneously, that making a last will and testament is the only thing that they need to do in order to create an estate plan and provide for their families after they have passed on. A will is actually insufficient for [ ] The post When a Will Isn t Enough For Your Estate Plan appeared first on Nirenstein, Horowitz & Associates P.C..
Connecticut elder law attorneys provide assistance in circumstances where there has been a diagnosis of Alzheimer s or when a person has otherwise been diagnosed with dementia. This diagnosis is life-altering and it is vitally important that a detailed plan for the future be created as soon as a diagnosis has been made. Nirenstein, Horowitz & Associates [ ] The post State Updating Its Plan to Help People with Alzheimer s appeared first on Nirenstein, Horowitz & Associates P.C..
Clients often want the simplest estate planning solution possible. However, the simplest solution is doing nothing. Usually, doing nothing does not result in the desired outcome. The post Estate Planning: The Simplest Plan is Usually Not the Best appeared first on Nirenstein, Horowitz & Associates P.C..
Elder law attorneys at Nirenstein, Horowitz & Associates help you to make plans to protect those who you care about in case something happens to you. It is obviously very important to put a plan in place to provide for your family members in case you become incapacitated or pass away. However, while it s common [ ] The post How to make a Plan to Protect Your Pets appeared first on Nirenstein, Horowitz & Associates P.C..
A financial planning lawyer at Nirenstein, Horowitz & Associates can provide you with help in understanding your options for saving for retirement. We assist you with setting goals so you can save enough to achieve financial security during your golden years. We also help you to take steps to understand the different tax-advantaged retirement accounts [ ] The post Why You Shouldn t Borrow Against a Retirement Plan appeared first on Nirenstein, Horowitz & Associates P.C..
A Hartford estate planning attorney can help you to make certain that your wishes are respected regarding what happens to your money and your property after your death. Creating an initial estate plan is very important to control your own legacy. However, you may need to adjust your plan as time goes on. An experienced [ ] The post How Often Should You Update Your Estate Plan? appeared first on Nirenstein, Horowitz & Associates P.C..
We have now entered 2016, and people often take care of things that they have been procrastinating about when they experience a sense of renewal as the calendar turns over. This is a spirit that you may want to extend to the process of estate planning. When you examine the statistics that are compiled regarding the estate planning preparedness of American adults, the results are somewhat mind-boggling when you consider the stakes that are involved. According to an article that is published on Forbes.com, 51 percent of American adults who are between the ages of 55 and 64 have never created last wills. Just 38 percent of people who are between 45 and 54 have drafted last wills. All in all, 64 percent of American adults are going through life without last wills according to the article. Intestacy If you never plan your estate, you will die intestate. After your passing the probate court would step in, and the court would name a personal representative to act as the estate administrator.