Joseph Fortner attended and presented at the recent 2019 International Client Seminar presented by ALFA International: The Game Is On: Are You In? (You Have To Play Or You’ll Never Win). Joe moderated the session, “Who Wants to be an IP Millionaire?” which featured fast-paced exploration of cutting-edge intellectual property issues. As show host, Joe […]
As of this year a new law – the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) – has impacted not only us individually but also our heirs who will inherit qualified funds (retirement funds such as (401(k)s, IRAs, etc.). For us, notable changes are extending the required beginning date for […]
The short answer is that a Will is part of an estate plan. Unfortunately, many lawyers ignorantly think a Will suffices for proper estate planning. The simplest estate plan involves a Will, a medical directive, a financial power of attorney, and for those with minor children, an appointment of guardianship and most likely a trust […]
Developing and periodically reviewing a sound estate PLAN is the first, and most essential, step in estate planning. It has been estimated that about fifty (50%) percent of adults do not even have a Will. And how many of the other fifty (50%) percent have not reviewed or updated their older estate documents? Protecting oneself […]
Halloran Sage is pleased to announce that Rachel Fain, Casey O’Connell and Oscar Suarez have been elected as Partners. Rachel Fain is a member of the Firm’s Litigation & Dispute Resolution and Insurance Practice Groups. She handles coverage disputes and personal injury cases—including those involving auto, general and premises liability for both first and third […]
Creating a trust and transferring assets to it during your life avoids many concerns of the probate process. Although the value of assets held in a revocable trust are includable in one’s gross taxable estate, they are not probate assets subject to the probate process. If assets outside of trust that pass through probate are […]
Believing that a Will alone is an estate plan. Laws concerning probate, real estate, income taxes (including capital gains) and gift and estate taxes, beneficiary designations, how title is held, changes in family circumstances (including births and deaths), all have an impact as to how (and to whom) your assets pass. For some estates, holding […]
Women are disproportionately affected by long term care issues. The main reason: women live longer than men. As a result, their need for vital long term health care increases. Such care ranges from help with day-to-day activities to sophisticated therapy such as stroke rehabilitation. But that is not the full picture. Most importantly, women are […]
The essential INITIAL STEP in elder law is to determine if one has adequate medical and financial powers. Although many states provide for medical powers in a power of attorney, other states have health-care directives or proxies, which involve living wills, appointment of a health-care agent, choice of a conservator of estate (for finances) and […]
Recent changes in the law affecting Halloran Sage’s municipal clients include two recent Connecticut Supreme Court decisions and two new statutory amendments. Click on the links below for full access to complete summaries. The case of Kuchta v. Arisian, 329 Conn. 530 (August 21, 2018) concerns the Connecticut Supreme Court decision on municipal regulation of […]