There have been major changes in the Connecticut and federal gift and estate tax exemptions due to recent legislation. The Connecticut estate and gift tax exemption, which had been $2,000,000 for many years, will increase...
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Mar 13, 2018
CT OFFERS PROTECTIONS TO PRESERVE THE INTEGRITY & USE OF CONSERVATORSHIPS TO CARE FOR AGING PARENTS
News
Caring for an aging parent is hard work. Between medical appointments, financial issues, and taking away the car keys, there are many moving parts that need to be considered. In order to receive proper assistance at...
Mar 13, 2018
CT ENVIRONMENTAL TRANSFER ACT BURDENS MAY BE MITIGATED WITH PROPER ESTATE PLANNING
News
The Connecticut Transfer Act, which imposes environmental cleanup obligations when certain real estate or business interests are transferred, may create a significant financial burden when ownership changes are made in the...
The Tax Cuts and Jobs Act passed in December 2017 includes provisions impacting the taxation of pass-through businesses. A pass-through business is one in which the taxable income or loss is passed through to the business...
