A trust can be a powerful estate planning tool for a Connecticut resident. It can protect assets from creditors as well as minimize estate taxes owed. However, it is important that the right person is chosen to oversee that trust. In many cases, a spouse is not going...
One element of estate planning some people in Connecticut may overlook is sharing passwords with an executor or family member so that online accounts can be accessed after a person's death. This issue does not just affect family or other heirs. As one example, the...
Connecticut startups need money in order to survive. In the old days, that meant securing funding from a venture capitalist, or VC, in exchange for a significant portion of the company's equity. However, many of today's entrepreneurs are looking at alternative ways to...
An increase in commercial opportunities in recent years has contributed to more Connecticut businesses looking to protect unique designs. The World Intellectual Property Organization reports that there has been a sharp rise in the number of trademark application...
Parents of special needs children in Connecticut may wish to take special care when it comes to making their estate plans. There are certain types of plans that can help to provide support and protection for people with special needs throughout their lives. This can...
If you own guns, you already know that the Second Amendment to the United States Constitution guarantees your right to own them. However, you must still comply with numerous state and federal laws regarding their ownership. Understanding this, you may wonder how to...
Many single Connecticut residents without children neglect to create an estate plan. However, estate planning is important for all adults. Two of the most important items in an estate plan are a power of attorney and a health care proxy. These function while the...
Even though many people in Connecticut believe that they will never need long-term care, the issue is more prevalent now than ever before given how health care costs have been going up lately. And, as touchy as the subject may be, people need to prepare for it...
Connecticut residents with substantial amounts of wealth are often concerned about how to navigate sensitive family relationships when making an estate plan. In many cases, the more complex details of estate planning reflect family concerns rather than difficulty...
Alzheimer's disease and other forms of dementia affect a significant number of people. If you have a loved one who recently received this type of diagnosis, you may understandably wonder what the condition will mean for his or her future as well as the future of your...