Attorneys Who Know.
Attorneys Who Care.
If you are setting up a trust, one of the most important decisions you will make is who to name as your trustee. A trustee is the person or institution responsible for managing the assets you place in the trust and following the instructions you outline in the trust...
If you opt to draft a trust when estate planning, you need to be adequately informed. One of the things to understand is the difference between a revocable and an irrevocable trust. Which one should you use? Here is what you need to know: Their main difference The...
A trustee plays a pivotal role in safeguarding living trust assets, ensuring compliance with legal requirements and executing the grantor’s wishes. Selecting the right person for this role is essential for everyone, especially for those with high-value assets. Many...
A charitable remainder trust (CRT) can serve as a strategic estate planning tool that allows individuals to support charitable causes after they’ve passed away while benefitting from assets placed in a particular trust during their lifetime. It can provide tax...
Changes to estate tax laws can significantly affect how families protect assets for loved ones with disabilities. With upcoming 2025 changes, understanding the potential impact on Special Needs Trusts (SNTs) is important for Connecticut residents. What are Special...
Living trusts play a key role in estate planning by helping individuals avoid probate and maintain control over their assets. However, using retirement accounts to fund a living trust requires careful planning to avoid unintended tax consequences. Understanding...
Establishing a Charitable Remainder Trust (CRT) can be a strategic way to support charitable causes while also providing income to beneficiaries. However, improper planning or management can lead to costly mistakes. Knowing what to avoid ensures the trust operates...
Special needs trusts are important tools for protecting the financial future of individuals with disabilities. Choosing between a pooled special needs trust and an individual trust requires understanding the benefits and drawbacks of each. These options can help...
Pets are beloved members of many families, but what happens to them if their owner passes away? A living trust can ensure that pets receive proper care after an owner's death. By planning ahead, pet owners can provide a secure future for their furry friends. Setting...
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...