Blog
Blog
Nov 20, 2014
The nation's elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2015. This increase will raise the average monthly payment for the typical retired worker by $22. The increase is slightly higher than Read more
Oct 22, 2014
Transferring money to a child can cause a penalty period for a Medicaid applicant if done within the five years prior to the application. One exception to this rule is a transfer in exchange for fair market value of services. This exception Read more
Oct 20, 2014
If your spouse receives a diagnosis from a doctor that she or he has dementia or Alzheimer’s Disease, it is time to consider changing your estate plan. Why? Because if you die and your spouse needs Title 19 (Medicaid), your family could lose Read more
Aug 28, 2014
Grandparents play an increasing role in the education of their grandchildren. With a private college education exceeding $50,000 per year, and grandchildren increasingly attending graduate school, many parents do not have the ability to pay for Read more
Jul 31, 2014
In this day and age, it is not uncommon to remarry after a divorce or the death of a spouse. Often in these remarriages, one or both spouses have children from a prior marriage. These blended families can pose some challenging estate planning Read more
Jul 24, 2014
On June 12, 2014, in the case of Clark v. Rameker, the U.S. Supreme Court held that inherited IRAs receive no protection from creditors in bankruptcy. In 2000, Ruth Heffron established a Traditional IRA naming her daugher, Heidi Heffron Clark, Read more
Jul 18, 2014
Do you remember the first time one of your parents let you drive the family car? Remember the excitement you felt getting behind the steering wheel, followed quickly by that rush of anxiety as you realized you were accelerating down the road, Read more
Jul 10, 2014
On June 17, 2014, the Connecticut Supreme Court decided the case of Palomba-Bourke v. Commissioner of Social Services. Our local newspaper, The Day, wrote the decision allows Connecticut officials to reject Medicaid coverage for nursing home Read more
May 27, 2014
What responsibilities will I have as an Agent?
The most important thing to remember when you step in as Agent is that the assets you control are not your assets. You are safeguarding them for the principal for whom you are the agent under Read more
May 6, 2014
Springtime after a long, cold winter means it is time to discard unwanted papers and clutter. As we age, we tend to hold onto things longer and the piles multiply. It is difficult to decide what to discard. Although you may have other reasons Read more
