This post is written to conclude and recap our series on the preparation of estate plans for Hartford, Connecticut residents. We felt it was necessary to discuss this issue due to the fact that, unfortunately, far too many people put off the creation of an estate plan until it is too late. By understanding the need for a proper plan, and the fundamentals of creating one, you can save yourself and your loved ones a great deal of frustration. The goal of our last several articles has been to provide information which will help people to fully understand their situation. It has also been our goal to provide information which will assist with the selection of an attorney. If you require assistance then contact our office today to speak with a lawyer.
We have addressed several topics over our recent articles. Issues which we have analyzed include:
- Connecticut’s small estate process
- Preparing a last will and testament
- Using a living trust in your estate plan
- The need for a power of attorney
We chose to address these topics for several reasons. First, probate matters which meet certain criteria will be handled as a “small estate.” This is a streamlined process which can typically be completed more quickly and less expensively than a formal probate. Second, if one dies without a last will and testament then they will be considered to have passed “intestate.” This can result in their assets being distributed in a way that is not consistent with their final wishes. Third, including a living trust in your estate plan can provide greater flexibility. Finally, a power of attorney can assure that your affairs are properly managed should you ever become sick or incapacitated.
One point that we have stressed through each of these articles is the need to speak with counsel regarding your situation. Having a “one size fits all” plan, or one that is prepared from pre-formatted legal forms, may not fit the particulars of your situation. By retaining quality representation, you can develop a plan which fits your needs. Our Hartford estate planning lawyers strive to provide the highest levels of service. We are ready to assist you. We also service the Connecticut areas of Wethersfield, New Britain, Bristol, Rocky Hill, West Hartford, East Hartford, Glastonbury, and Manchester, as well as the Middlesex County cities of Middletown and Cromwell.
