Parents of special needs children have a wide range of reasons for wanting to set up a trust even though their assets fall well below the exemption limit for the estate tax. These reasons include guardianship and the questionable availability of public resources....
Some parents and their adult children in Connecticut may encounter some friction over estate planning. Many baby boomers feel that their children need to create estate plans. However, these children may feel too overwhelmed by debt and other issues to address this....
When you think of estate planning, you may think of writing a will, but there are other factors in a plan that can be useful — even during your life. One of these important documents is a power of attorney. Understandable fears A POA grants authority to a trusted...
Connecticut readers know that it's important to establish an estate plan. However, having a plan isn't enough. It will need to be occasionally reviewed and updated to make sure it still meets an individual's needs. According to legal experts, any estate plan that is...
Venture capitalists are often among the first to be contacted when entrepreneurs in Connecticut and around the country are unable to secure startup financing from other sources, but a new way to get the money they need is rapidly gaining in popularity. Angel investors...
Connecticut fans of Stan Lee's work may know the former Marvel chairman for his role in co-creating iconic characters like Captain America and Spider-Man. However, after he passed away in November 2018, he also became known for leaving his estate in disarray. Like...
For many entrepreneurs with tech start-ups in Connecticut, intellectual property may be critical to the future of their businesses. Proprietary details, methodologies for creating products and even internal practices of the company could all be considered trade...
As your parent grows older, you may feel concern about his or her health and wellbeing, especially if your loved one lives alone. Since you work or have other obligations to tend to, you may not be able to offer your parent the time and attention you would like to....
Many people in Connecticut use irrevocable trusts as an estate planning tool. It is important to understand how an irrevocable trust works since the grantor of any assets in an irrevocable trust loses control of them once they are in placed in the trust. Trust...
Connecticut residents who have trademarks might want to watch their inboxes for emails from the United States Patent and Trademark Office. The USPTO sent an email out on Oct. 19 to warn about a fraud scheme in which thieves have been trying to hijack trademark files....
