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 beneficiaries, unless...
Category: News
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 discrimination on the basis of...
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 or her own benefit...
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 become successful. ...
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 question left clients to...
