If you have a great deal of wealth you may have taken various measures to protect and save your assets for your heirs through various estate planning techniques. For example, you may decide to hold your assets in a living trust for future generations. However, if you...
Attorneys Who Know.
Attorneys Who Care.
Year: 2020
A simple way to reduce an estate over time
Estate planning is important for Greenwich residents for several reasons. Not only does it help individuals set forth how and to whom items of property will be distributed, but it also helps them protect the value of the property that falls into their estate. End of...
Living trusts can be beneficial to those of significant wealth
Those in the Greenwich area with significant wealth will want to ensure their assets are protected so they can be passed on to their heirs upon their death. One way to accomplish this is by executing a living trust. An overview of living trusts Living trusts are a...
Preventing Will Contests
Estate plans that involve large accounts and property often come with conflict. Estate planning is so important because it provides clear guidelines as to how the estate should be handled which can in turn prevent dispute. However, the chance of a will contest can...
Asset transfer options to protect estate wealth
An estate plan is an important way for a Greenwich resident to protect their legacy and the assets they hope to pass onto their loved ones. A good estate plan can accomplish these goals, but detailed estate planning from trusted legal and financial professionals can...
The benefits and perils of a charitable remainder trust
There are different types of trusts that can serve different purposes. The charitable remainder trust (CRT), for example, is a popular type of irrevocable trust for charity-minded individuals. It offers a variety of benefits, but there are some potential risks as...
Potential benefits for changing an estate plan before 2021
To say the least, 2020 has been a challenging year for most Americans. In addition to the pandemic, a contentious presidential election has contributed to a turbulent time. The outcome of the election may also have a direct impact on your estate. That’s why it’s...
Should you name multiple trustees?
Acting as trustee is an important task, and choosing a trustworthy person to oversee the trust is one of the most important ways to protect your assets and the loved ones who will act as beneficiaries. Connecticut law allows you to name multiple trustees to act...
Prevent claims against the will with transparent estate planning
Large, high-value estates often require intricate and complex estate plans. Lawyers must account for the will, insurance policies, trusts, 401(k)s, and more as they draft comprehensive plans that protect their client’s estate. However, even the most thorough plans...
Charitable remainder trusts help secure tax breaks
Individuals include trusts in their estate plans to provide finances for loved ones, invest in well-loved communities or reduce taxes on high-value assets. At their core, trusts allow people to protect parts of their hard-earned estates from estate taxes. Of the...