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Charitable trusts serve as important instruments for those wishing to leave a legacy while benefiting society. As vehicles for substantial wealth, they present philanthropic opportunities. It is important for trustees to understand how to manage compliance to avoid...
There is an aphorism that the only certain things in life are death and taxes. Probate court is where those two certainties of life sometimes collide. Those with substantial personal holdings may leave behind large estates when they die unless they plan carefully...
Estate taxes can diminish the value of an estate when someone dies. As a result, they have the potential to leave loved ones with less than anticipated inheritance. However, utilizing a trust can be an effective strategy to avoid or reduce estate taxes in Connecticut....