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Ferguson Cohen LLP, Connecticut And New York Legal Blog

What is the ABLE Act?

The Achieving a Better Life Experience Act allows individuals with disabilities to save money in a tax-advantaged account for qualified disability expenses. Connecticut implemented the ABLE Act in 2016, providing residents with disabilities and their families the...

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Creating a living trust

A living trust is a legal arrangement that enables you to control the distribution of your assets during your lifetime and after your death. This kind of trust helps ensure you are in charge of your assets. Set up a living trust A living trust lets you maintain...

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5 types of special needs trusts

The National Organization on Disability reports that almost 54 million people in America have special needs. Setting up a special needs trust is one way for families to provide for these disabled loved ones into the future. Based on the family’s situation, there are...

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