On January 1, 2021 Congress passed the Corporate Transparency Act (“CTA”) which will require most U.S. small corporations and limited liability companies to disclose to the federal government … [Read more...]

A power of attorney form is one of the most commonly used legal documents. It allows an individual (known as the “Principal”) to appoint an agent to act on his or her behalf with regard to financial … [Read more...]

As COVID-19 vaccinations become increasingly available to residents of Connecticut, Governor Ned Lamont recently announced that he will be ordering the relaxation of a number of COVID-19 protocols.  … [Read more...]

Now that President Joe Biden has taken office and the Democrats have narrowly taken control of both Houses of Congress, it is likely that there will be changes to our tax laws.  We will focus on gift … [Read more...]

The Uniform Trust Code, which went into effect January 1, 2020, creates new obligations for the trustee of an intervivos trust.  The trustee now has a duty to provide an annual financial report to … [Read more...]

Since its inception thirty years ago, the Americans with Disabilities Act (ADA) has served to protect individuals with disabilities.  The original scope of Title III of the ADA prohibited … [Read more...]

Under the new “Connecticut Qualified Dispositions in Trust Act” that went into effect on January 1, 2020, an individual may now set up a trust (referred to as an Asset Protection Trust or APT) for his … [Read more...]

The biggest challenge facing start-up companies is how to pay for ongoing expenses until there are sufficient revenues.  Start-ups often need to raise capital from outside sources in order to grow and … [Read more...]

When discussing the advantages of trusts and the duties of trustees with clients, we are often asked the challenging question, “Who should serve as my trustee?”  Before now, the answer to this … [Read more...]