Do you know that, in the event you do not have a will, Connecticut law dictates what happens to your property upon your demise? If you have children of a prior marriage, do you know the rules change? Do you know what property is subject to probate and what is not subject to probate administration? Have you been misinformed by others that the “State of Connecticut” takes all or a portion of your estate upon your death?
The preparation of wills and the administration of a probate estate are often misunderstood by many individuals. All clients are entitled to a thorough understanding and explanation of the various issues that pertain to the preparation of wills and the probate of one’s estate. For example, when discussing the preparation of a will, our clients realize that our attorneys at Tynan & Iannone are well versed in the law, able to effectively communicate one’s rights and responsibilities. Knowing what one can and cannot do, and presenting various planning options, is what every client deserves.
One should note that a will is not the only tool that can be used to protect one’s interest and further one’s needs. Powers of Attorney, Health Care Directive/Living Wills, Disposition of Remains, Lifetime Trusts and other tools are critical in addressing one’s concerns. There is no one set of estate planning documents (“tools”) that fits everyone’s needs. Based on one’s desires, financial status and long term concerns, consultation with an attorney will ensure that the proper documents are drafted pursuant to a client’s wishes.