by admin | Sep 22, 2011 | Estate Planning, Taxes, Trusts
An ILIT is an irrevocable trust that enables a grantor to transfer insurance policy proceeds to family members without having the proceeds included in his or her estate. By working closely with an attorney and a financial adviser, an individual may transfer an...
by admin | Sep 16, 2011 | Estate Planning, Taxes
A GRAT is an irrevocable trust with a specific term used to achieve the goal of transferring future appreciation of an asset to family members while incurring little or no gift tax. GRATs must satisfy certain requirements under the Internal Revenue Code. To...
by admin | Aug 15, 2011 | Business Transactions
Business Transactions: Entering into a lease. If your business entity is entering into a lease, there are many important questions you need to address. Here are just a few. What is the length of the lease? Striking a proper balance between a lease that is too short...
by admin | Aug 8, 2011 | Connecticut Estate Planning Attorney Blog, Real Estate Transactions
Real Estate Transactions: The conveyance tax has increased. When you sell your home, you will be required to pay a conveyance tax to the State of Connecticut and the City/Town where the property is located. The State conveyance tax had been .5% of the gross sales...
by admin | Aug 1, 2011 | Connecticut Estate Planning Attorney Blog, Personal Injury
Personal Injury Cases: Good news for Connecticut workers. If you are injured at work and your injury is the fault of a third party, you have a right to sue the third party for damages and losses caused by the injury. This is independent of and in addition to your...
