Updated 2022 Estate and Gift Tax Facts and Figures
Sep 10, 2022
There are a total of 12 states in the union that have state-level estate taxes. Half of them are in the Northeast, and we do have a state estate tax here in Connecticut. Estate Tax Exclusion Each year...
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Do Right By Your Family With a Living Trust
Aug 30, 2022
Many people who are not especially informed with regard to their options assume that a will is the right choice as an estate plan centerpiece. They are under the impression that all trusts are only us...
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An Overview of SECURE Act 2.0
Aug 24, 2022
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted on December 20, 2019. It included changes to the traditional individual retirement account guidelines, and there was...
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Don’t Overlook These Inheritance Planning Details
Aug 08, 2022
Some people adopt a very simplistic perspective when it comes to estate planning. They think that you create a will at some point when you are old and gray, put the document away for safekeeping, and...
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A Guide to Estate Planning for Young Families
Jul 29, 2022
Caring.com conducts research on an annual basis to measure the level of estate planning preparedness in the United States. They break it down by age groups, and the 2021 results are surprising on a nu...
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Avoid These Commonly Made Estate Planning Mistakes
Jul 21, 2022
We are sometimes engaged by clients that want us to provide damage control after estate planning mistakes were made by loved ones. With this in mind, we are going to share some of these commonly made...
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Estate Plan Essentials Legal Guide
Sep 25, 2021
There is no single universal estate plan that is right for everyone, and this is why you should work with an attorney to develop a strategy. This being stated, there is a general framework, and we wil...
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Why Would You Use a Trust to Transfer Assets?
Jul 16, 2021
A lot of people think that trusts are very complicated devices for people that have complex estate planning situations. This is actually one of the most widely held misconceptions in the realm of esta...
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Estate Planning Myths Debunked
Apr 08, 2021
People often take estate planning missteps because they buy into certain myths that are always in circulation. In this guide, we dissect some of these misconceptions so you can act in a fully informed...
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An Overview of Estate Taxes
Nov 14, 2020
Many people have questions about how inheritances are taxed. Surprisingly, the news is good for most people, but individuals that are in a particular economic group face certain challenges. Income Tax...
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