Posted tagged ‘Chipman Mazzucco’

Scary Claims about Probate Fees and Costs (Fees of the Probate Courts, Executors and Attorneys)

November 26, 2020

Have you heard scary claims that, if you do not have a Living Trust or avoid probate, probate costs and fees may take 50% of your estate? Maybe you weren’t fooled but you may have been confused. We would like to help clear up the confusion.

When we prepared the update of our video series on Estate Settlement in Connecticut, we finished with a new Part 3 which includes a segment on Probate Court fees. Please click here, or on the video link below, to watch Part 3.

Part 3 also covers the fees of Executors and Attorneys and the purpose of a probate accounting. When is an accounting necessary? What information should be included in the account? And, why should your Executor prepare an account?

For a complete description of the estate settlement process, go to our full playlist entitled Estate Settlement in Connecticut.

Part 1 covers the probate process, the probate application, preparation of the inventory, and common issues an Executor should be aware of.

Part 2 covers significant legal issues, tax reporting and payment obligations.

Part 3, partly described above, caps off the presentation with a discussion of accounting duties, probate expenses and common problems faced by an Executor.

Part 3 also covers the fees of Executors and Attorneys and the purpose of a probate accounting. When is an accounting necessary? What information should be included in the account? And, why should your Executor prepare an account?

Please remember to view our other recently updated presentations entitled Basic Estate Planning after the TCJA and Trust Administration in Connecticut.

If you have questions about estate settlement and other related matters including Wills, trusts and estate planning, please contact us. We are here to help.

Chipman Mazzucco Announces New Partners, Firm Name and New Location

October 22, 2018

Four luminaries of the local bar have joined us to form a new law firm that will go by Chipman Mazzucco Emerson LLC.  Our annual Estate Planning seminar on October 25 will be your first opportunity to meet them.

Richard L. Emerson, Thomas J. Rickart, and James J. Flaherty, Jr., will become members of the firm, and Frank J. Scinto will become of counsel, as of October 22, 2018.

Jim (in our new Southbury, Connecticut, office) and Dick (in our Danbury office) are well known members of the Connecticut trusts and estates bar and join Chipman Mazzucco’s Richard S. Land, Alyson R. Marcucio and Elizabeth J. Hartery to form one of the deepest pools of experienced and dedicated Trusts and Estates attorneys in Western Connecticut.

Tom joins the commercial real estate department in Danbury and Frank will concentrate on land use and litigation and will divide his time between the Danbury and Southbury offices.

Chipman Mazzucco Emerson LLC now has 11 lawyers engaged in four principal practice areas: business law; civil litigation; commercial real estate and land use; and estate planning, estate administration, and elder law.


%d bloggers like this: