by admin | Jul 19, 2010 | Estate Planning
Who will take care of your children? If you have young children, perhaps the most important and challenging estate planning issue is who will take care of your children if you both die while they are young. Of course, this is not supposed to happen, but it sometimes...
by admin | Jul 13, 2010 | Estate Planning, Uncategorized
PHOTOGRAPH: A.P. CHRIS O’MEARA George Michael Steinbrenner III, owner of the New York Yankees for more than thirty years, died Tuesday, July 13th, of a heart attack at the age of eighty. While our office is near equally divided with avid Yankees and Red Sox...
by admin | Jul 1, 2010 | Estate Planning, Special Needs Trusts, Uncategorized
When a Special Needs Trust is established for a loved one, a separate “letter of intent” or “letter of instruction” is a recommended document that accompanies the Trust. A Letter of Intent communicates information and knowledge that only...
by admin | Jan 23, 2010 | Estate Planning
What is the current status of the Connecticut and federal estate tax? The 2009 session of the Connecticut Legislature increased the Connecticut estate tax exemption for property passing to non-spouse beneficiaries from $2,000,000.00 to $3,500,000.00, effective as of...
by admin | Jul 14, 2009 | Estate Planning
What is the status of estate planning for same sex couples? Public Act 09-13 was recently passed by the Connecticut Legislature and signed by Governor Jodi Rell. This Public Act changes the legal definition of “marriage” in Connecticut to mean the legal union of two...
by admin | Jan 4, 2009 | Estate Planning
What is the current status of the federal estate tax for assets passing to non-spouse beneficiaries? To use a somewhat overused expression, it is “up in the air”. The value of assets that can pass, federal estate tax free, to non-spouse beneficiaries increased to...