If you’re like most people, you may believe that once you’re in a nursing home, you’re there for good. Thanks to a federally funded program, Connecticut residents who have been institutionalized in a nursing home now have the option of transitioning back to the community. The program is called Money…
If we’re honest, most of us have spent some time in the last few weeks thinking about mortality—our own and that of our loved ones. It’s not surprising given the fact that we’re living through a pandemic that has caused unprecedented disruptions to our daily lives. We’re dealing with a…
There is no perfect time to talk with your parents about their finances. No matter when you bring it up or how you broach the subject, it’s bound to be awkward for you—the adult child—and your parents. Be that as it may, having “The Money Talk” is a critical part…
By Colleen Masse We’re all home for the foreseeable future and many of us find we have a little extra time for projects. My sister is cleaning out her closets, my friend is painting her living room, my son is taking online guitar lessons. If you have the urge to…
With most of the country under stay-at-home orders to combat the spread of the coronavirus, even the most reluctant among us are becoming better acquainted with our kitchens. As you burn through your culinary repertoires (and continue to avoid trips to the market and/or find that grocery delivery services are…
Do you know right now, without looking, who your beneficiaries are in your Will, life insurance or 401K? With good intentions and operating on the best information we have at the time, we make important estate planning decisions about who should receive our wealth when are no longer here. Things…
This is the final installment of our 3-part series on becoming your parent’s healthcare advocate. In the first part, Being a Healthcare Advocate: How to Get Started, we learned how to lay the groundwork for a smooth transition. In part two, Being a Healthcare Advocate: 9 Important Tips, we tackled…
We are living in some pretty surreal times right now. Things are changing so quickly that it’s almost impossible to keep up with the news. Our daily routines have been upended, and our daily conversations with friends and family are all focused on the same topic: the coronavirus. Few among…
By Linda Raineault Have you heard the sales pitch? There are annuities available that contain provisions known as “nursing home income doublers” that can help you pay for the cost of a nursing home stay. These provisions are found in annuity contracts that guarantee the purchaser an income stream for life…
By Carmine Perri Because of my practice area, probate and elder law litigation, I oftentimes find myself in either the courtroom or the hallway with a client fielding this all too common question: “What could we have done to avoid all of this?” You probably have an estate plan which…