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February 06, 2012
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Probate Law News

 

FDIC And Capital Area Asset Builders Launch "DC Saves" Campaign In The Nation's Capital

The Federal Deposit Insurance Corporation (FDIC) and the Capital Area Asset Builders today jointly launched "DC Saves" – a citywide campaign to provide Washington, D.C. residents with information and resources to help them reduce debt, save more and build wealth. In the spirit of the campaign, several area financial institutions are offering special savings accounts – with features such as no monthly or minimum balance fees for at least 12 months – to encourage residents to save.

"Far too many Americans have either no relationship with a mainstream financial institution or limited access to banking products and services," said FDIC Chairman Sheila C. Bair. "I encourage all District residents to begin the journey toward saving and building wealth. 'DC Saves' will help residents take that first step."

Nationwide, the personal savings rate is steadily declining and nearly one in five American households has zero net worth or is in debt. "DC Saves" will work to reverse this trend locally, providing information, advice and encouragement to help District residents reduce debt, increase household savings and build wealth.

Individuals who enroll as "DC Savers" can receive the following benefits, at no cost: budget and credit counseling, housing counseling, opportunities to attend financial seminars on a range of topics, quarterly American Saver newsletters, advice by e-mail from certified financial planners and certified public accountants, and access to a wide range of financial information. Read more at fdic.gov.

 

 

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Did You Know?    
 
 
There Is Someone Responsible For Handling The Probate Process
If there is a will, the individual responsible for handling the probate process is called the executor. If there is no will that person is known as the administrator. In either case that individual is responsible for managing the deceased"s estate throughout the entire probate process.

 


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Latest news about probate cases in Connecticut and nationwide:

New International Financial Scams Brochure
The Bureau of Consular Affairs (CA) has issued an International Financial Scams Brochure to help Americans identify and avoid financial scams origi...
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Probate Service And Family Court Announces Standing Order For Never Married Parents
The Probate and Family Court Department announces the implementation of Standing Order 2-05  relative to a pilot Parent Education Program for ...
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Texas Title Examination Standards
In 1989, the Council of the Section of Real Estate, Probate and Trust Law of the State Bar of Texas approved the formation of a committee to study ...
Read more >


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Probate Terms

 
 


Today's Terms

Power of attorney

Definition:
A legal agreement that authorizes someone to handle or share in handling the financial matters of another person. A "durable" power of attorney can continue to give power to another in handling financial matters after incapacitation has occurred.

Escheat to the state

Definition:
When no heirs have made claims to either all or part of an estate, the state receives the unclaimed estate.

Assets

Definition:
All property owned by a person that can be used or made available to use in the payment of debts and heirs.

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Probate Resources

 


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Probate Hot Topics

 


Topics Related to Probate:

  • Probate Court
  • Last Will and Testament
  • Living Will
  • Power of Attorney
  • Trust Planning
  • Asset Protection
  • Special Needs Trusts

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Connecticut Probate Attorney

 
If you live in the following cities and need an probate attorney you should contact our Probate Attorney as soon as possible:


  • Branford
  • Bridgeport
  • Bristol
  • Cheshire
  • Danbury
  • East Hartford
  • East Haven
  • Enfield
  • Fairfield
  • Glastonbury
  • Greenwich
  • Groton
  • Guilford
  • Hamden
  • Hartford
  • Manchester
  • Meriden
  • Middletown
  • Milford
  • Naugatuck
  • New Britain
  • New Haven
  • New London
  • New Milford
  • Newington
  • North Haven
  • Norwalk
  • Norwich
  • Ridgefield
  • Shelton
  • South Windsor
  • Southington
  • Stamford
  • Stratford
  • Torrington
  • Trumbull
  • Vernon Rockville
  • Wallingford
  • Waterbury
  • West Haven
  • Westport
  • Wethersfield
  • Windsor


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