Shapiro Michael D

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AKA: Michael D Shapiro Attorney
Categories: Attorneys, Bankruptcy Law Attorneys, Business Law Attorneys, Business Litigation Attorneys, Corporation & Partnership Law Attorneys, Divorce Attorneys, Estate Planning, Probate, & Living Trusts, Family Law Attorneys, General Practice Attorneys, Legal Service Plans, Real Estate Attorneys, Trust Companies, Wills, Trusts & Estate Planning Attorneys

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Phone: (860) 444-1147

Address: 10 Pearl St, New London, CT 06320

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Shapiro Michael D

Divorce
Guardianship
A living trust offers additional benefits. First, unlike probate, your assets are not exposed to public record. Besides keeping your affairs private, this makes it more difficult for anyone to challenge the disposition of your estate. Second, a living trust can serve as a vehicle for managing your financial assets if you become mentally incapacitated or disabled. A properly drawn living trust avoids embarrassing guardianship proceedings and related costs, and it offers greater protection and control than a durable power of attorney because the trustee can manage trust assets for your benefit. This plan allows the trust to continue to operate, and allows the newly appointed trustee the legal rights to manage the assets of the trust. As a result there is no need to seek Probate Court approval for a conservator to handle the assets of the person disabled.

Business and Corporate Law

Corporate Law
Working with business clients is a natural for Peck & Tuneski, P.C. After all, the practice of law involves running a small business. For that reason, we have developed a significant practice helping small business clients with their legal needs. Whether your needs involve corporate formation, contract negotiation, or the sale of your business, our firm can provide the personal legal help that small business owners deserve and expect.
Business Disputes
Garon Camassar’s practice, which spans more than 50 years, focuses on residential and commercial real property, financing, commercial business transactions, business law, general commercial law, and related litigation. He assists clients with structuring, negotiating, drafting, and closing real estate acquisitions and the completion of financing arrangements. He serves as general corporate counsel to a wide range of business clients in a variety of industries including marine dockage and repair, automotive dealerships and repair facilities, aviation operators, hotels, and restaurants. He also represents banks, credit unions, developers, and investors in many aspects of sales, financing, leasing, property tax and land use matters.
Business Transactions

Real Estate Litigation
Founded in 1979, Peck & Tuneski, P.C. has a simple focus, the client is always our first priority. While our practice was built on excellence in the area of real estate law you can be assured that whether it is real estate, estate planning, or any other area of practice the lawyers and staff at Peck & Tuneski will provide you with quality legal services for your home, your family and your future. Peck & Tuneski, P.C. has offices located along the shoreline, in New London at 10 Pearl Street, Norwich at 118 New London Turnpike, and Old Saybrook at 139 Mill Rock Road East. Each of these offices provide a convenient location to meet for closings or any other legal matter.
Real Estate Transactions
This section of our website is dedicated to clients, potential clients and lenders who are either using our services or are considering using our services for a real estate transaction. It includes information which may be helpful for those new to the closing process, or those who may want to review certain aspects of purchasing, refinancing, or selling real property in the State of Connecticut. Please feel free to browse our site and contact us with any questions.
Land Use and Zoning

Trusts and Estates

Estate Planning
Depending on how the trust document is drafted, the beneficiaries can have rights to the assets immediately in some amount, or the beneficiaries may have rights in the future, such as a trust that gives the beneficiaries funds when the beneficiaries reach a certain age. Trusts can have many uses in estate and legacy planning, since they can provide much more flexibility than a straight grant of property. In addition trusts, unlike Wills can set plans for disability. Below are some different types of trusts that can be used in estate planning...
Wills
Peck & Tuneski, P.C. offers a full-range of trust and estate services to our clients to preserve their wealth, and to enable them to pass assets to their beneficiaries in the most appropriate and tax- effective manner. Our attorneys provide thoughtful and comprehensive advice to a variety of clients from different backgrounds, and with different needs. From the young couple with their first child, to estate planning for small business owners, we offer experience in all aspects of trust and estate law. We work with our clients to provide a solution, best suited for their situations, at reasonable prices. Examples of our services include, drafting of wills and trusts, planning and preparation of both simple and sophisticated estate plans, planning, preparation and administration of trusts, administration and settlement of estates, as well as advice, and opinions on related issues. Please feel free to contact our office to speak with one of our experienced attorneys. We look forward to having the opportunity to work with you.
Trusts
Most people think that Will Planning is a more economical option to deal with decisions relating to wealth transfer. You have two basic choices for transferring your assets on your death: the will, which is the standard method, and the living trust, which has become most popular and provides more complex planning than even a detailed will. If you die without either a will or a living trust, state law controls the disposition of your property. And settling your estate likely will be more costly and require your family to file in a public forum, the local probate court.
Power of Attorney
POWER OF ATTORNEY: If you intend to use an existing power of attorney to close, please send our office a copy of the power of attorney document, prior to the closing, or contact your closing coordinator for the preparation of one. An additional fee will be charged at closing for this service. The use of, and form of the power of attorney, will have to be approved by the Buyers’ counsel.
Probate

Foreclosure
In many instances, we are asked whether title insurance is necessary or advisable for the owner to purchase. We recommend the purchase of the title insurance, for a few simple reasons. First, the premium for purchase of the title insurance policy is a one-time charge. Since the purchaser is usually borrowing money to finance the purchase of the property, the majority of the cost of the title insurance policy has been paid for by the premiums of the lender’s policy that is required by the lender. Usually for an additional few hundred dollars or less, the owner can insure against a variety of problems that could arise in the future, as relates to the property. These items include forged documents in the chain of title, signatures of mentally incompetent persons or minors which are unknown to the party reviewing the title, mistakes or inaccuracies in recording of legal documents of title at the Land Records or in the Probate Court, fraud in the execution or in the handling of a transaction in the Probate Court, undisclosed or missing heirs, fraud in the execution or in the handling of a transaction in the prior chain of title, invalid divorces or misrepresentation of marital status of the parties signing the documents, unpaid taxes which were not paid prior to the purchase of the property, and most importantly, clerical errors in the public records and claims of parties unknown because their claims have not been filed in any indices of public record in the State of Connecticut. The lender’s policy of title insurance does not protect the buyer and can only be claimed against if the lender suffers a financial loss because of a title defect that adversely affects a foreclosure of the buyer’s mortgage. These are just a few of the issues which can arise in the title to anyone’s real estate in Connecticut, and in other parts of the country.

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