To protect your assets before moving to a nursing home in CT is one of the most important steps you can take to maintain financial stability during a difficult transition. When long-term care becomes necessary for you or someone you love, the emotional worry is often matched by financial stress. Nursing home costs in Connecticut…
Company formation and tax planning are two foundational steps every entrepreneur should understand before launching a business. While passion drives your idea, the right structure and tax strategy protect your assets, reduce financial risks, and set your business up for long-term success. Whether you’re starting a small consulting practice or preparing to scale a fast-growing…
Key legal considerations for property investors should always be front and center before making any major financial commitment. Real estate can be an excellent way to build long-term wealth, diversify your portfolio, and generate passive income. However, even experienced investors can face costly setbacks if they overlook important legal requirements. Because real estate is highly…
Tips for Executors Selling the Family Home are essential when you’re managing the sale of a loved one’s property. Serving as an executor comes with both emotional and legal responsibilities – especially when it involves selling the family home. From probate procedures to communicating with beneficiaries, understanding your duties helps you handle the process with…
Essential tips for first-time home buyers can make the difference between a stressful purchase and a smooth journey into homeownership. Buying your first home is a major milestone, but it can also be overwhelming. Between understanding your finances, finding the right property, and navigating legal requirements, there’s a lot to manage. At Farrell & Grochowski,…
Buying or selling probate property can be more complex than a standard real estate transaction. Whether you’re an executor managing an estate or a buyer hoping to purchase a home in probate, it’s important to understand how the process works. Probate real estate deals involve legal steps, court approvals, and unique timelines that can affect…
Connecticut assisted living planning starts with understanding the legal, financial, and practical steps necessary to protect yourself or your loved one. By preparing ahead, you can ensure a smooth transition into an assisted living facility while safeguarding your rights, health, and finances. What Connecticut Assisted Living Means Before making a move, it’s important to understand…
What happens to digital assets after death is becoming an increasingly important consideration in estate planning. In today’s digital world, we don’t just leave behind physical possessions – we also accumulate a wide range of online accounts, cryptocurrency holdings, cloud files, and social media profiles. These digital assets often carry personal, sentimental, or even financial…
Life insurance in estate planning is often overlooked, yet it can be one of the most powerful tools for protecting your legacy and providing for loved ones. While many people view life insurance simply as a safety net, it also plays a strategic role in preserving wealth, reducing tax burdens, and ensuring your estate is…
How to age in place means choosing to grow older in the comfort and familiarity of your own home instead of moving to a retirement community or assisted living facility. For many older adults, this option feels more natural and dignified. In fact, according to AARP, nearly 77% of adults over 50 say they want…
Why every college student should consider a Power of Attorney for college students before leaving home is a question that many families overlook during the busy college preparation season. Between shopping for dorm essentials, setting class schedules, and reviewing financial aid paperwork, one critical item often gets left off the checklist: a Power of Attorney…
How the COVID-19 pandemic transformed estate planning is a story that reflects a deeper shift in how we prepare for the unexpected. The pandemic reshaped nearly every aspect of daily life. From how we work to how we approach health decisions. Yet one critical area that often went unnoticed until it was urgently needed was…
Estate planning for same-sex couples in Connecticut is more than just paperwork. It’s an act of love, security, and foresight. While the state has recognized same-sex marriage since 2008, legal rights don’t automatically protect your partner unless your estate documents are in order. Whether you’re legally married, in a civil union, or in a long-term…
How to choose an estate planning attorney is a question many people ask when they begin thinking seriously about protecting their assets and planning for the future. Your estate plan plays a critical role in ensuring your wishes are honored, your family is cared for, and your legacy is preserved. That’s why choosing the right…
Blended family estate planning can be more complex than traditional estate planning. With children from previous relationships, shared and separate assets, and evolving family dynamics, it’s essential to plan carefully. Taking the right steps ensures that your spouse, children, and stepchildren are all considered, reducing the risk of disputes or unintended exclusions. In this guide,…
What happens if you outlive your estate plan is a question many people overlook. Living longer is something to celebrate, but it can also bring challenges to your legal and financial planning. Many individuals create an estate plan and assume it’s “set it and forget it.” However, life changes, and your estate plan should evolve…
Incapacity planning prepares you for the unexpected. Whether it’s illness, injury, or the effects of aging. While it’s not easy to think about losing the ability to make your own decisions, having a plan in place ensures your wishes are respected and your loved ones are protected. Incapacity planning is more than just paperwork, it’s…
Driving with dementia is one of the most challenging issues many families face when caring for an aging parent or grandparent. Dementia can quietly affect judgment, reaction time, and awareness, three skills that are critical for safe driving. The challenge is that while some older adults recognize when it’s time to stop driving, others may…
Veterans’ senior care benefits can make a significant difference for families managing the cost of assisted living, in-home care, or nursing home services. One of the most valuable resources is the VA Aid and Attendance Pension, which provides financial support for veterans and surviving spouses who need help with daily living tasks. At Farrell &…
Smart technology for seniors and caregivers in Connecticut is about more than just convenience. It’s about dignity, safety, and independence. At Farrell & Grochowski, we understand that aging well requires both thoughtful legal planning and supportive tools that make daily life easier. With the right technology, seniors can remain independent while caregivers gain peace of…
The financial abuse of senior adults is a growing concern. As people age, they often rely more on others for daily care, finances, and medical needs. Sadly, this dependence can leave them vulnerable to exploitation—sometimes by those they know and trust. According to AARP, older adults lose an estimated $28.3 billion each year due to…
Learning how to qualify for Medicaid without losing your savings is essential for seniors and families facing long-term care costs. With careful Medicaid planning, you can protect your financial legacy while meeting eligibility requirements. Strategies such as asset transfers, Medicaid-compliant trusts, and annuities allow you to preserve your wealth and still access the care you…
Understanding how to pay for long-term care in Connecticut is essential for seniors, caregivers, and families. Navigating these costs can be overwhelming, but with the right information and planning, you can make informed decisions that protect both your assets and your loved one’s quality of care. Funding options in Connecticut include private pay, Medicaid (HUSKY…
Estate Planning 101: Why Everyone Needs an Estate Plan isn’t just a topic for the wealthy, it’s something every adult should seriously consider. Regardless of your financial situation, having a will, a power of attorney, and a health care agent designation is essential. These legal tools ensure your assets are distributed according to your wishes…