by Allison DePaola | Mar 30, 2017 | Estate Administration, Estate Planning
What is a step-up in basis for Connecticut Estate tax purposes? Step-up in basis is the readjustment of the value of an appreciate asset that passes to someone at death. It is important to calculate the step-up in basis for tax purposes. The chart, below, helps...
by Allison DePaola | Mar 22, 2017 | Estate Planning, Taxes, Trusts
Many married couples are concerned about Connecticut Estate Tax planning and therefore are interested in a Connecticut Credit Shelter Trust. A commonly used tool used in Connecticut Estate Tax planning that aims to reduce or eliminate the Connecticut Estate Tax is...
by Allison DePaola | Feb 23, 2017 | Connecticut Estate Planning Attorney Blog, Estate Planning
In our October 2016 article we wrote about Connecticut’s new Uniform Power of Attorney Act and how it officially came into effect on October 1, 2016. Have you seen information circulating that intimidates you into acting immediately to update your documents in order...
by Allison DePaola | Feb 22, 2017 | Connecticut Estate Planning Attorney Blog, Estate Administration, Estate Planning
Making decisions about who to appoint to carry out important roles for you after your death can be very difficult. However, if you don’t proactively select the people you trust and the position needs to be filled the Probate Court will appoint someone for you....
