by admin | Feb 6, 2012 | Connecticut Estate Planning Attorney Blog, Estate Planning, Medicaid and Long Term Care, Veterans
The VA pension is a benefit paid to wartime veterans who have limited or no income and who are either (1) age 65 or older; or (2) who are under age 65 but permanently and totally disabled (not due to the veteran’s own willful misconduct). Veterans who qualify for the...
by admin | Oct 20, 2011 | Tech
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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...