The Federal estate tax is something to be aware of when you are planning ahead for the inevitable. There is an exemption, but once you exceed it you are looking at an extraordinary rate of taxation. As of this writing the exclusion is $5.12 million and the maximum rate is 35%. Next year the rate … [Read More]
Pre-Nup: Cold, Or Merely Practical?
As we all know a significant percentage of marriages end in divorce these days and when you change your marital status you will invariably have to take care of some details. First of all, it is extremely likely that you are going to want to update your estate plan after you get divorced. Statistics indicate … [Read More]
When Does a Power of Attorney in Connecticut Terminate?
When Does a Power of Attorney Terminate? from [Read More]
Top Dog Breeds For Seniors
You don’t have to tell dog lovers just how valuable pet ownership can be. “Man’s best friend” has certainly earned this prestigious title, and though you may not immediately associate dog ownership with senior citizens the two can indeed make a perfect match. Owning a dog can directly improve specific areas of life that are … [Read More]
Living Trusts: A Brief Look At The Advantages
When you engage the services of a good Hartford estate planning lawyer your attorney is going to fill you in on all of your options and make recommendations based on your unique situation. When you hear all the details you may find that you would benefit from the creation of a living trust as a … [Read More]
Three Estate Plan Update Triggers
Be Clear When Stating Your Wishes
We live during interesting times as they say, and when you think about estate planning things are not always simple. The idea of a couple who have never been divorced with three children and six grandchildren being the standard for all cases is simply not realistic. This is the age of the blended family, and … [Read More]
Make Educational Opportunities Possible With 529 Plan
The value of education cannot be overstated, and when you are contemplating your legacy you may ask yourself how you can help your younger family members with college expenses. There are various options, and the one that we would like to highlight here is the 529 plan. These plans provide you with the opportunity to … [Read More]
What is a Guardianship in Connecticut?
What is a Guardianship in Connecticut? from [Read More]
Asset Protection With A GST
Asset protection can be an important consideration when you are making preparations for the future. There are a number of different ways that you can keep assets out of harm’s way, and the best way to proceed is going to vary depending on the unique nature of your situation. To be optimally prepared you need … [Read More]
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