by admin | Jan 15, 2011 | Connecticut Estate Planning Attorney Blog, Estate Planning, Taxes
A gift tax is imposed on certain transfers (“taxable gifts”) during the life of the donor. The tax is payable by the person making the taxable gift, not the recipient. For 2011 and 2012, the gift tax exemption level is the same as the federal estate tax level of...
by admin | Jan 5, 2011 | Connecticut Estate Planning Attorney Blog, Estate Administration, Probate Matters
The redistricting of Connecticut Probate Courts, as recommended by the Probate Redistricting Commission and passed by the General Assembly (Public Act No. 09-1), will become effective today, January 5, 2011. This Act establishes fifty-four Probate Districts in the...
by admin | Dec 20, 2010 | Business Transactions, Connecticut Estate Planning Attorney Blog, Digital and Social Media
On Tuesday, a federal Appeals Court in the 6th U.S. Circuit ruled that the government must obtain a search warrant based on probable cause before it can seize and search emails stored by internet service providers (ISPs). The Court held that email users have a Fourth...
by admin | Nov 4, 2010 | Business Transactions, Connecticut Estate Planning Attorney Blog
Congratulations, you have a unique business idea and are ready to put your product or service on the open market. Undoubtedly you thought long and hard about how you wanted your product or service to be perceived by your potential customers or clients. You’ve likely...
by admin | Oct 29, 2010 | Connecticut Estate Planning Attorney Blog, Estate Planning, Trusts
A. Overview. The stand by credit shelter trust is an estate planning tool that allows for the maximum use of the exemption equivalent amount ($1,000,000.00 in 2011 and succeeding years) for each spouse, thereby potentially doubling the amount that can pass to...