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Download the 2024 Medicare and You Handbook
Looking for information about Medicare and what’s new in 2024? Medicare is health insurance for people 65 or older. Learn about the Medicare parts of coverage, options, costs, and how and when to enroll. You are eligible to sign up for Medicare three months before your 65th birthday. The U.S. Department of Health and Human […]
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Questions to Ask Before Meeting with an Estate Planning Attorney
Prior to making an appointment with an estate planning attorney, ask yourself a few questions to come prepared to the meeting. If you don’t know the answer, come with prepared questions for your attorney. Doing this will ensure the best use of your time and money. What makes up my estate? Your estate consists of […]
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What It Means To Die Intestate
Did a close relative die and not leave a will? You will face some complexities, but you can get through them if you know the rules. How will the estate be distributed in the absence of a will? To start with, many assets are not passed by will, such as: Life insurance proceeds. Real estate, […]
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How to Handle Sudden Wealth
To be sure that your dream of newly found wealth doesn’t become a nightmare, you will need a plan. And while that plan might involve giving in to the impulse to go on a spending spree, a better plan is to focus on the long term. Here are the steps you should take to […]
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New Marriage or Partnership? It’s Time to Update Your Estate Plan
Gerry Turner, the first “Golden Bachelor, ”a widower, and his wife, Theresa Nist, a widow, started divorce proceedings just three months after their televised wedding. Their marriage and subsequent divorce emphasize the importance of estate planning in remarriages or domestic partnerships where one or both partners was previously in a committed relationship. Previous relationships […]
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Estate and Gift Tax Planning and the TCJA
It is somewhat unusual to highlight 2026 taxes in 2024, but we are in an unusual situation: Many of the provisions in the 2017 Tax Cuts and Jobs Act (TCJA) will expire at the end of 2025 unless Congress acts to extend them. Taxpayers need to be aware of how they will be affected so they can […]
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Estate Planning for Blended Families
Estate planning can be more complicated for blended families than for traditional families. Entering into a new marriage when one or both new spouses have children from a previous relationship poses its own unique challenges, and it is important to consider what will happen if either of you pass away. An estate planning attorney can […]
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Considerations When Choosing Beneficiaries
Beneficiaries are a crucial part of your estate plan. They are the people or organizations that will ultimately benefit from your estate when you pass away. Your beneficiaries can receive money or anything else you pass down to them, such as Social Security disability, savings and checking accounts, life insurance policies, retirement plans, and […]
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A Summary of Medicare’s Four Parts
As an individual in your mid-60s, you may be faced with important life decisions, including when to retire and whether to downsize. One crucial decision you need to make concerns how you will access Medicare. You must choose which Medicare option to take and must do so in a timely manner. Medicare is a […]
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Contesting a Will
When you hear about wills being contested, you may initially think of famous families involved in legal battles over the validity of a will. However, there are various reasons why a will may be challenged, and not all of them involve family disputes. Contesting a will may be necessary if you suspect that it […]
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Building Long-Term Wealth with Your Home
Real estate is one of the largest assets people own. Real estate tends to appreciate over time, so with care, home equity can be the foundation for your family’s fortunes, resulting in profits that can affect your children’s and grandchildren’s wealth. Owning real estate can put you on a path to growing generational assets. […]
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Ericson, Scalise & Mangan Named Lawyers of Distinction
Law firm Ericson, Scalise & Mangan, P.C., with offices in New Britain and Avon, is pleased to announce the naming of Attorneys Robert A. Scalise, Jr., and Catherine Craig to the distinguished honor of Lawyer of Distinction, which recognizes excellence in the practice of law. This is the fifth consecutive year that Attorney Scalise […]
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