Trusts

As you work on drafting your estate plan, if you have a beneficiary with special needs, you may consider putting their inheritance into a trust. You can still list them as the beneficiary, but you put a trustee in charge of making distributions, and it is the trust...

Creating an estate plan requires the creator to evaluate their wishes so they can get it put on paper in a legally enforceable manner. Charitable goals can be an important part of an estate plan for people who want to support their favorite causes, organizations,...

You don’t create a trust for short-term convenience; you create it for long-term stability.  You expect the trustee you name to serve for many years, providing consistent, reliable oversight of assets. However, even the most carefully drafted trust is not immune to...

A special needs trust (SNT) can provide meaningful financial security for a loved one with a disability but only if it's done right. The details matter far more than most people initially realize, and even small missteps can create ripple effects that may be difficult...

An irrevocable trust is not something you set up and revisit when circumstances change, as you can do with a revocable trust. Once assets are transferred into an irrevocable trust, you typically cannot reclaim them or modify the trust terms without court involvement...

You have worked hard to build wealth that can support your family for generations. Today, both federal and Connecticut estate tax rules can place that legacy at risk. A spousal lifetime access trust, or SLAT, can help you plan ahead while still allowing indirect...

Building a significant legacy in Greenwich involves more than selecting investments. You likely consider how your children will handle a substantial inheritance. Many parents worry that knowing about a large trust too early might discourage a young person from finding...

You spent decades building wealth. A charitable remainder trust (CRT) puts that wealth to work for a cause you care about while still paying you income. But one decision shapes everything: which charity you name as the final beneficiary. Get it right and your legacy...

Setting up a special needs trust (SNT) can be a great way to plan for your loved one with disabilities. Understanding the distinction between first-party and third-party SNTs is essential for maintaining eligibility for benefits under state law. Defining a first-party...

Charitable giving is often an important component of a well-rounded legacy. Individuals with resources want to support their loved ones, but they may also want to provide assistance for nonprofit organizations or scholarship funds.  Charitable giving requires careful...