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Taxes help fund public goods, and most taxes come from individual income, corporate income, sales and payroll taxes. Although estate tax doesn't make up a substantial portion of Connecticut's tax revenues, every family wants to avoid estate taxes if possible. Give...
Every family experiences its share of disagreements. However, in some families, arguing is the status quo. While there are various methods of resolving conflicts when you’re around, things can get particularly contentious when you’re no longer there, and your loved...
When you have a loved one with special needs, you may have questions about how you can help them in life. Providing for them as a part of your estate plan may help you give them support, but it is important to choose your estate planning tools wisely to protect both...
Adults should have an estate plan created that outlines what is going to happen with their things when they pass away. These plans can be rather simple but some are complex. It's imperative that anyone who's dealing with an estate plan, whether you're doing this as...
Few things are as upsetting as learning that someone has taken advantage of your parent as their health and mental acuity declined. Most families will discuss inheritances and legacies at some point as parents begin to age.If you and your siblings know that your...
Your estate planning needs will change with certain events in your life, including the birth of a child. You must ensure that your new baby is properly cared for if something happens to you and the other parent. If only one parent passes away, it is assumed that the...
If you are the owner of a successful business, you'll likely want to ensure that your business will continue to thrive for many generations to come. Your business has the possibility to be one of the greatest legacies that you'll leave behind, and that's why it is...
Your estate is worth millions, so you know that there is a true risk of facing an estate tax. While an estate tax is only charged on those who have an estate worth $11.4 million or more as of 2019, the reality is that any amount over that amount is highly taxed....
Creating a strong will and estate plan is one of the most effective ways to ensure that your legacy and property pass on to the people and organizations that matter to you. Unfortunately, the process of executing a person's wishes after they pass away can cause a...
It is commonly said that our parents change our diapers in our infancy, and then we must change theirs in their dotage. The point of this phrase is not to imply that you have a literal responsibility for bathroom care for your aging loved ones so much as it is that...