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Ferguson Cohen LLP, Connecticut And New York Legal Blog

How Grantor Retained Annuity Trusts work

Estate planning involves various tools and strategies to help manage and transfer wealth efficiently. One such tool is the Grantor Retained Annuity Trust (GRAT). What is a Grantor Retained Annuity Trust? A Grantor Retained Annuity Trust is an irrevocable trust that...

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FAQs about trusts in estate planning

When planning for the future, considering a trust as part of your estate plan can be a wise choice for managing and protecting your assets. Trusts can seem complex, leaving many people with questions about their workings and suitability for their estate planning...

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What is the ABLE Act?

The Achieving a Better Life Experience Act allows individuals with disabilities to save money in a tax-advantaged account for qualified disability expenses. Connecticut implemented the ABLE Act in 2016, providing residents with disabilities and their families the...

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