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Attorney William P. Burns Jr. focuses his practice on estate planning. He is a principal at Naugatuck-based Burns Thomas LLC, and can be reached at 203-723-9420. Contributed photo With the value of your home increasing substantially, perhaps you need to take a fresh...
You would think that folks with the assets and notoriety of Elvis Presley’s family would understand the importance of getting important documents done properly – with people you trust. Yet, lessons seemingly were not learned. Elvis reportedly earned more than one...
Having conversations about estate planning can be awkward for both adult children and older parents alike. However, a lack of communication may result in delays in carrying out a deceased loved one's final wishes. In some cases, it may result in assets being...
The so-called “clean slate” law will be effective as of Jan. 1. It allows for the erasure of criminal records for those who remain crime-free for an extended period. However, erasure of a criminal record does not erase an individual’s obligation from using an...
Probate is an important legal process that ensures the safe and orderly transfer of a Connecticut resident's assets after they die. It can be a lengthy and complicated process, and there are several things that can delay its completion. The deceased person did not...
A trust is a legal arrangement in which one person, the trustor, transfers property to another person, the trustee, to hold and manage for the benefit of a third person, the beneficiary. There are many different types of trusts in Connecticut, but spendthrift trusts...
It's never too early for parents in Connecticut to create an estate plan, even if their children are very young. Starting the conversation about what would happen to your possessions and money in the event of your death is not easy, but it's important. Following are...
The financial and emotional effects of divorce can be time-consuming which is why many divorcing couples don't think about making changes to their estates while ending their marriage. After a significant life event, it is important to review your estate plan and make...
Most people in Connecticut don't know there are other estate planning options besides wills to control assets. While wills are important documents, trusts offer several benefits to everyone involved. How trusts work A trust is a document the grantor may use to hold...
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