Estate Planning Hartford CT

If you’re getting close to retirement age, it’s a good time to start thinking about your legacy and the future of your loved ones. Statistics show that while 69 percent of Americans have considered making a will, only 25 percent have followed through. And 95 percent of people admit they don’t have the financial knowledge to make their own estate plan. With these numbers in mind, it’s important to plan for your future and the future of your family. Taking the time to create an estate plan now can help protect your loved ones from any financial risks in the future.

When you plan for your future and the future of your family, it is important to think about how your assets will be used in the years to come. Will your legacy benefit your loved ones? Or will it be diminished due to taxes, probate fees, and other costs?

At the Law Office of Brian Murphy, our team provides knowledgeable and experienced legal counsel for your estate planning needs. We take the time to get to know you and your family, and understand your financial goals. Our goal is to create tailored documents that protect your assets and ensure that your wishes are carried out. We will work with you to create plans that ensure your legacy is preserved, and that your family is secure for years to come.

Estate Planning isn’t just for those who are retired or wealthy. It is important for everyone, regardless of their current financial situation. Not having an estate plan in place can put your family at risk if something were to happen to you. By creating a will or trust, you can be sure that your assets will be properly distributed to your family and loved ones, so they are taken care of when you are no longer with them. We understand that discussing this topic can be difficult, but it is essential to ensure your family is taken care of. For couples who are not married, the laws and tax system may not provide the same protection as married couples, so it is even more important to make an estate plan.

Estate planning is an important process. It involves creating documents that ensure your wishes are respected after you pass away. Generally, these documents include a will, a living will, and possibly a power of attorney. However, Attorney Murphy can provide you with more specialized advice for more complex needs, such as setting up a special needs trust, planning for nursing home care, and other important issues. It’s important to remember that your estate plan may need to be updated when a major life event occurs, such as a marriage, the birth of a child, or a divorce. Attorney Murphy can help you amend your estate plan to fit these changes.