Monthly Archives: June 2026
Should I Create a Revocable or Irrevocable Trust for My Family?
Creating a trust is often beneficial for individuals who want to ensure that their assets are distributed to their loved ones in a timely manner and without the complications of probate. Yet trusts can also be beneficial for many other reasons, both to the beneficiaries and to the settlor (the word used for the… Read More »
What is a Directed Trust?
There are many different types of trusts that a person or entity can establish in Connecticut, and they have distinct aims and purposes. With the passage of new trust laws in Connecticut back in 2020, through which Connecticut adopted its own version of the Uniform Trust Code, more trust options became available in the… Read More »
What is a Lifetime Gift Tax Exemption?
Have you been taking advantage of the annual gift tax exclusion, or are you planning to do so in the future? For individuals or married couples in Connecticut with larger estates, the gift tax exclusion is often a helpful way to give assets to family members and other beneficiaries without incurring tax, and while… Read More »