by admin | Jan 22, 2006 | Business Transactions
Carelessness about respecting the separate identity of the business entity can lead to personal liability of the owner. In 2005, there were several Connecticut Appellate Court cases in which creditors attempted to impose personal liability on the owner of a business...
by admin | Jan 13, 2006 | Medicaid and Long Term Care
Making gifts as a planning strategy still works, but has new potential consequences. Making gifts of assets to children on a monthly basis has been a relatively conservative and well recognized asset protection strategy. In 2005, the Connecticut legislature decided...
by admin | Jan 12, 2006 | Estate Planning
A new Connecticut Estate Tax replaces the Gift Tax and the Succession Tax. The Connecticut legislature repealed the Connecticut State Gift Tax and the Connecticut State Succession Tax, effective as of January 1, 2005. In their place, the legislature enacted the...
by admin | Jan 4, 2006 | Real Estate Transactions
A knowingly false Residential Disclosure Report can create post-closing problems for the Seller. For many years, Connecticut residents selling real estate have been required to complete a Residential Property Condition Disclosure Report. The Report requires the Seller...
by admin | Jan 1, 2006 | Personal Injury
Possibility of interest in addition to the jury award still is an important litigation tool. An “Offer of Judgment” is a litigation tool used when the at fault party’s insurance company is unwilling to offer reasonable compensation to settle your case. It is a...
