There are a wide range of different scenarios that can present themselves after someone passes away. This is one of the reasons why it is important to get personalized attention from a good [Read More]
Are You Unconcerned About Incapacity Planning?
Many people are unconcerned about the matter of Alzheimer’s Association website. According to the Alzheimer’s Association there are some 5.4 million Americans living with Alzheimer’s disease at the present time. When you do the math this means that one out of every eight senior citizens is suffering from the disease. And of course, the likelihood … [Read More]
Actors Receive Unexpected Windfall
Sometimes even the slightest bit of kindness can pay big dividends, and this can be true even when you may feel as though you are on top of the world at some point in time. With this in mind an interesting [Read More]
Access Our Informative Estate Planning Reports
When you are looking for information about estate planning online you have to be able to separate the wheat from the chaff. We all live in a profit motivated society and everyone must make a living, but you do see some self-serving websites that oversimplify things when it comes to estate planning. In an effort … [Read More]
Providing for a Troubled Heir
We do not all have perfect family members with no flaws. Otherwise good people can sometimes have weaknesses that can be a source of concern when you are planning your estate. Giving someone who has a drug or alcohol problem or a demonstrated inability to handle funds a large direct inheritance could be a recipe … [Read More]
Consider a 529 Plan
A Look at Intentionally Defective Trusts
The federal estate tax looms large for people who have been successful throughout their lives. At the current time the maximum rate of the estate tax is 40%, and the lifetime exclusion is $5.25 million. There are various different recommendations that astute estate planning lawyers can make for people who are faced with the prospect … [Read More]
How Is Property Distributed If There Is No Will?
intestate succession laws of the state of Connecticut. Intestate succession laws are similar in every state, but there are some differences. If you passed away in Connecticut with children still alive but no spouse, your children would inherit all of your probate property. Your spouse would inherit everything if you had a surviving spouse but … [Read More]
Don’t Forget IRS Form 709 to Account for Gifts
A lot of people are not aware of the fact that gifts that you give throughout your life are potentially taxable. We have a federal estate tax in place, and the gift tax prevents people from giving away their assets while they are still alive in an effort to avoid the estate tax. The two … [Read More]
Value of Home Can Create Estate Tax Exposure
When you are [Read More]
( By appointment only )