Kane, Hartley & Kane, PC

Did you know? With a revocable living trust, you can serve as both the trustee and beneficiary of the same trust! This means you retain full control over your assets while reaping their benefits. Upon incapacity or passing, a successor trustee seamlessly steps in to manage or distribute assets according to your wishes. This offers flexibility and ensures your estate is handled exactly as you intend. Ready to explore this option? We're here to guide you every step of the way. #GlastonburyEstatePlanning #khklaw

Did you know Powers of Attorney can be general or springing? Let's unpack this legal jargon. A General Power of Attorney grants immediate authority to your chosen agent to act on your behalf, while a Springing Power of Attorney only takes effect under specified conditions, like incapacitation. Interested in learning more? Click the link in our bio to book an initial consultation and we can dive into this and so much more. ?? #GeneralPOA #SpringingPOA #khklaw #glastonburylaw

Do your parents have an estate plan? ? Having one can help preserve family harmony and make things less stressful for you and your siblings after they're gone. An estate plan ensures their wishes are clear, reduces potential conflicts, and can help you to streamline the process of winding up their affairs. Get curious with your parents and encourage them to get an estate plan in place that will provide peace of mind for the whole family. #khklaw #glastonburylaw #glastonburyestateplanning

So a loved one has passed, and you recall that you were named as the Executor in their Will. What to do first? 1. Find the will and secure it. 2. Start gathering and securing all your loved one’s assets. 3. Meet with a Probate lawyer and figure out if you will need full probate or a lesser form of probate. #khklaw #glastonburyprobate

Ask the Probate Lawyer: The spousal elective share is a choice the surviving spouse gets to make, between accepting that which the decedent left them, or a life use in one-third of the estate. I leave my wife the house, and my $21 million to my children. My wife can elect to reject the house, and instead have life use of $7 million. The life use would consist of all income generated from the $7 million for the rest of her life. #khklaw #glastonburylaw #glastonburyprobate

While Powers of Attorney come in 3 main versions, we strongly recommend the Durable Power of Attorney. Why do something that may go away when you need it, or something that may require a pair of doctors to confirm your incompetence before you can get assistance. #khklaw #glastonburylaw #glastonburyestateplanninglawyer

Why "the way" and not "a way"? Simple. Drafting your will lets you choose how your assets are distributed, the way you want them. Not drafting a Will, they will be distributed how the state sees fit. Which is a way, but probably not the (best) way. #khklaw #glastonburylaw

A face for radio. #khklaw #glastonburyestateplanning

#khklaw #glastonburylaw

#khklaw #glastonburyestateplanning