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Wills, Trusts and Estates

A blog by Steve Basche, partner at the firm of Brown, Paindiris & Scott, LLP

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The toughest decision in estate planning: naming a guardian for your minor children.

  • Posted onMarch 19, 2023March 19, 2023
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Over the years, I have found the hardest client decision in estate planning is often deciding who should be the guardian of any minor children. Sometimes, the lack of a clear choice prevents parents from even starting the planning process. Here are some thoughts that might help in…

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Getting sentimental over your tangible personal property

  • Posted onJanuary 8, 2022February 8, 2022
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As a formal estate planning term, “tangible personal property” likely won’t elicit much emotion from you or your loved ones. However, the items that make up tangible personal property, such as jewelry, antiques, photographs and collectibles, may be the most difficult to plan for because…

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Are you holding a joint title to property with a family member or friend?

  • Posted onDecember 7, 2021February 8, 2022
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Joint ownership advantages There are two potential advantages to joint ownership: convenience and probate avoidance. If you hold title to property with a child as joint tenants with “right of survivorship,” when you die, the property is transferred to your child automatically. You don’t need…

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Time passages: Estate planning through the years.

  • Posted onNovember 12, 2021February 8, 2022
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Virtually everyone needs an estate plan, but it isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, we do have general guidelines depending on your current stage of life. The early years If you’ve recently embarked on a career, gotten married or both,…

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What’s the difference between the two types of power of attorney?

  • Posted onOctober 8, 2021February 8, 2022
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When drafting your estate plan, you and your attorney must account for what happens to your children and your assets after you die. But your plan must also spell out your wishes for making financial and medical decisions if you’re unable to make those decisions…

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Keep it all in the family: Transferring your vacation home

  • Posted onApril 14, 2021April 14, 2021
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If your family owns a vacation home, you know what a relaxing refuge it can be. This is especially true these days due to the limited travel options you may have because of COVID-19 pandemic restrictions. However, without a solid plan and ground rules that…

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With a flick of the switch: Build an on-off mechanism into your estate plan

  • Posted onFebruary 26, 2021February 26, 2021
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Even if you have an estate plan in place that’s tax-smart now, changes in tax law or your financial circumstances down the road could turn your plan on its head. The good news is that you can build an “on-off switch” into your estate plan.…

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Put pen to paper: How a letter of instruction can benefit family harmony

  • Posted onOctober 15, 2020October 15, 2020
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You may consider your will as the centerpiece of your estate plan. But other documents can complement it. For example, if you haven’t already done so, consider writing a letter of instruction. Elements of the letter A letter of instruction is an informal document providing…

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Build flexibility into your estate plan with powers of appointment

  • Posted onAugust 18, 2020September 18, 2020
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There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now because of an uncertain estate planning environment. The federal gift and estate tax exemption currently is an inflation-adjusted $11.58 million (the highest it’s ever been) but it’s…

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Oh, no, your original will is missing!

  • Posted onJuly 17, 2020September 18, 2020
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In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it comes to your last will and testament, only an original, signed document will do. The original vs. a photocopy Many people mistakenly believe that a…

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About

Attorney Steve Basche is a partner in the firm of  Brown, Paindiris, & Scott, LLP, with offices in Glastonbury, Hartford and Farmington Valley (Avon), Connecticut.

Want to chat with Steve?  Click here to find a time that works.

 

Recent Posts

  • The toughest decision in estate planning: naming a guardian for your minor children.
  • Getting sentimental over your tangible personal property
  • Are you holding a joint title to property with a family member or friend?
  • Time passages: Estate planning through the years.
  • What’s the difference between the two types of power of attorney?

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Direct Dial 860-368-0414
email: [email protected]

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36 School Street,
Glastonbury, CT 06033

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Avon, CT 06001

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Located in Glastonbury and Simsbury, we also serve clients in Manchester, Bolton, South Windsor, East Hartford, Glastonbury, Vernon Rockville, East Glastonbury, Enfield East Windsor, Ellington, Hartford, Andover, South Glastonbury, Middletown, Portland, Hebron, Wethersfield, East Windsor, Avon, Farmington, Simsbury, Granby, Windsor Locks, Suffield, Tolland County, Hartford County and West Hartford.
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