What Is The Difference Between A Will And A Trust?
A Will and a Trust serve different purposes. Most people don`t have either one. A Will and a Trust are similar in the effect that both let you designate exactly how you want your assets and other …
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What Is An Estate Tax?
The Estate Tax is a tax on the value of your property transfered to your hiers upon your death. The federal government allows every person to give away, either through lifetime gifts or upon …
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Do I Have The Right To Make Health Care Decisions?
Yes. Adult patients in Connecticut have the right to determine what, if any, medical treatment they will receive. As a capable adult, you may agree to treatment that may help you or you may refuse …
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What are the differences between annuities, IRAs, and 401(k) plans, and how do they fit into my estate plan?
Annuities, individual retirement accounts (IRAs) and 401(k) plans are all types of investments that can help you plan for retirement, as well as for the inheritance that you wish to leave your children. All of these investment options may provide tax-deferred growth and certain other tax advantages, depending on your situation. Furthermore, all of these options exclude your invested …
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Naming a Guardian for Your Children
Are you, like many parents, overwhelmed thinking about appointing a guardian for your children? Should something happen to you, your choice of a guardian will be the single most important decision that you make for your children. The guardian will take over the day to day aspects of parenting your children. It is the guardian who will accompany the children to doctor’s …
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