A disclaimer trust is a flexible estate planning tool which allows one spouse (“the first spouse”) to leave all of the first spouse’s assets outright to the surviving spouse, but allows the surviving … [Read more...]
WHAT CAN I DO WITH MY OLD IRREVOCABLE TRUST WITHOUT TODAY’S BELLS & WHISTLES?
August 29, 2022
Many people set up an irrevocable trust decades ago and made gifts or sold assets to the trust in order to get life insurance and other appreciating assets out of their estates. An irrevocable trust … [Read more...]
TEN BW LAWYERS ARE LISTED IN THE BEST LAWYERS IN AMERICA© 2023; PETER T. MOTT IS NAMED LAWYER OF THE YEAR
August 18, 2022
Brody Wilkinson PC is proud to announce that ten of the firm’s lawyers were selected by their peers for inclusion in the 29th edition of The Best Lawyers in America© 2023. In addition, Peter T. Mott … [Read more...]
CHAMBERS HIGH NET WORTH GUIDE 2022 RECOGNIZES BW WITH SEVERAL RANKINGS
July 25, 2022
Brody Wilkinson PC is pleased to announce that the firm’s Trusts & Estates practice and principals Douglas R. Brown, David R. Hermenze and Peter T. Mott were recognized in the Chambers High Net … [Read more...]
BRODY WILKINSON PARTICIPATED IN THE FAIRFIELD POLICE DEPARTMENT SUNSET 5K
July 21, 2022
On Wednesday evening, July 20, members of Brody Wilkinson PC participated in the Fairfield Police Department Sunset 5K run, which raised money for the Fairfield Police Union Scholarship Fund and The … [Read more...]
THOMAS J. WALSH, JR. WAS A SPEAKER AT THE AMERICAN BAR ASSOCIATION BUSINESS LAW SECTION SPRING MEETING
May 19, 2022
Thomas J. Walsh, Jr. was a speaker at the American Bar Association Business Law Section Spring Meeting in Atlanta in March. He was part of the panel “When Private Equity Meets the Family Owned … [Read more...]
2022 ESTATE PLANNING-RELATED TAX ADJUSTMENTS: WHAT TO KNOW
April 27, 2022
The IRS has released annual inflation adjustments for 2022. These include increased gift, estate and generation-skipping transfer tax (“GST”) exemptions and annual gift tax exclusions. The changes … [Read more...]
FAR-REACHING FAMILY AND MEDICAL LEAVE CHANGES TAKE EFFECT IN CT
April 27, 2022
On January 1, 2022, significant changes to Connecticut’s family and medical leave statute became effective, providing enhanced benefits to eligible employees who require temporary leave from work. … [Read more...]
THE USE OF LIFETIME DISCRETIONARY TRUSTS TO PROTECT FAMILY WEALTH FROM DIVORCE
April 27, 2022
Many clients are concerned about protecting their child’s inheritance if the child later divorces. While prenuptial and postnuptial agreements may effectively waive rights to a spouse’s inheritance, … [Read more...]
NOT SO FAST! CONSIDER THESE TAX ADVANTAGES OF FORMING A CORPORATION OVER AN LLC
April 27, 2022
The limited liability company (LLC) can be a particularly attractive form of business entity for start-up founders, especially where tax advantages are of primary concern. Notwithstanding their … [Read more...]