Many Connecticut residents believe that once they have a will, their estate plan is complete. While a will is an essential foundation, it is not the full picture. A comprehensive estate plan includes additional legal tools that ensure your wishes…
As housing costs and financial pressures grow, a troubling trend has emerged: adult children asking aging parents or grandparents to “unlock” their wealth early. Some request help with housing or business ventures, while others try to limit how older relatives…
Connecticut is home to many foreign-owned assets from bank accounts and securities to real estate and artwork stored in the state. When a foreign national dies holding property here, heirs or beneficiaries cannot always access those assets without going through…
The federal government closed this “loophole” a long time ago. While the estate tax was introduced in 1916, a gift tax followed in 1932 and has been in place ever since. Today, the federal gift tax and estate tax are…
Being injured in a car accident is overwhelming enough. When the other driver turns out to be uninsured, the situation becomes even more complicated. Connecticut law requires drivers to carry minimum auto insurance, including: Bodily injury liability: $25,000 per person…
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