Attorneys Who Know.
Attorneys Who Care.
A will isn't the best way of transferring wealth in Connecticut. Assets must typically go through probate, which means they could be seized by creditors and winners of lawsuits. They would also take longer to land in the hands of your intended recipients. There are...
Deciding who would inherit your assets in Connecticut is an integral part of estate planning. This decision is often made easier by creating a will, but many people don't realize that there are several other ways to designate beneficiaries, including retirement...
When it comes to estate planning in Connecticut, there are a few different options to choose from. Some of the most common ones are living trusts and simple wills. Living trusts Usually, a living trust is set up by people who have a large estate. This type of trust...
When you live in Connecticut and have assets you'd like to pass on to the next generation when you die, understanding how they are transferred is essential. While you can choose to use a will or trust for this purpose, there are other direct methods you should be...
Going through the steps for estate planning in Connecticut can be highly beneficial. You can choose who will inherit your possessions, name your children's guardians, minimize the odds of family disputes and reduce taxes. Leaving assets to the next generation In the...
Funding a trust in Connecticut can be a complex process. There are a number of challenges that you will need to overcome. Your purpose may be to move the appreciation of the asset from the grantor to your beneficiaries. This will be to reduce the value of your assets...
As a single person who has worked your entire life, you have accumulated significant wealth. If you have no family or heirs to leave your assets to, you may wonder what you can do with your wealth. Connecticut residents can create a single-life annuity that can keep...
The IRS allows many ways for individuals to reduce their income taxes. This allows you to better prepare yourself for the future while allowing more of your income to go where you want it to. Whether you live in Connecticut or another state, you can take advantage of...
Intentionally defective grantor trusts have become a popular estate planning tool in Connecticut. They allow you to transfer assets to your children or other beneficiaries while minimizing the amount of gift and estate taxes that will be due. If you are looking to...
For many people in Connecticut, the house is among the most important assets to consider when it comes to estate planning. Deciding on the best way to manage the house can be complicated, but placing it in a living trust is one of the most common options. Living...