Common Estate Planning Mistakes to Avoid

Author: MatadorAdmin January 29, 2018 In Uncategorized Comments (0)
The majority of people can benefit from having an estate plan. It will allow you to choose who you want to receive your assets when you die. You can also include any other wishes you may have in your plan, […]
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Updating an Estate Plan to Reflect a Patent

Author: MatadorAdmin January 23, 2018 In Uncategorized Comments (0)
Patenting an invention or idea is a way of protecting something that you have developed so that others cannot profit. It will be important that you determine a plan for your patent while you are still living to eliminate any […]
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What is estate planning?

Author: MatadorAdmin January 21, 2018 In Uncategorized Comments (0)
Simply put, estate planning is a way of making a plan for what will happen to your assets when you die. The term “estate planning” covers a wide variety of strategies people may use to make sure that their wishes […]
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Top 10 Mistakes To Avoid While Estate Planning

Author: MatadorAdmin January 12, 2018 In Uncategorized Comments (0)
If you have any assets, property or important belongings, then you should develop an estate plan. Regardless of your age, if you have anything of personal or financial worth, then it’s important to determine how they will be dealt with […]
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What To Do With Estate Items Not Listed in Will

Author: MatadorAdmin January 7, 2018 In Uncategorized Comments (0)
Going through your family member’s items after they pass can be an emotional task, especially while you are in the midst of grieving. You are likely now having to move your loved one’s belongings out of their home and into […]
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Connecticut State Tax Amnesty

Author: webdevAdmin November 15, 2017 In Uncategorized Comments (0)
Sometimes you can get away with murder.  Well, maybe not murder but tax evasion.  On 12-7-17 Governor Malloy of Connecticut announced an amnesty program for CT state taxes.  In most instances, you will want to talk to a tax lawyer […]
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Estate, Gift and Retirement Taxes in the new Bill

Author: webdevAdmin November 7, 2017 In Uncategorized Comments (0)
The first shot has been fired in the Tax Wars.  In the Republican’s new bill, two items are relevant to Estates and Trusts. First, the estate tax is repealed effective 12-31-23.  The exclusion is doubled until then to $10M per […]
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Connecticut Estate Tax

Author: webdevAdmin November 2, 2017 In Uncategorized Comments (0)
The new Budget which was passed on 10-31-17 changed Connecticut Estate Taxes.  Previously, Connecticut Estate Tax started when assets were over $2M and the federal amount was $5.49M.    With rates up to 12%, the Connecticut tax was material.  However, […]
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Social Security COLA 2018

Author: webdevAdmin October 20, 2017 In Uncategorized Comments (0)
The Social Security Administration announced the 2018 cost-of-living increase Friday. Social Security recipients and other retirees will get a 2 percent increase in benefits in 2018 after rising only .3% in 2017 and no increase in 2016.  It is the […]
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Social Security after Divorce

Author: webdevAdmin October 13, 2017 In Uncategorized Comments (0)
Social Security after Divorce based on Ex-Spouse Record Generally, if you are divorced, you can claim Social Security benefits on your ex-spouses record if you were married for 10 years or more. Most of the standard rules apply.  If you […]
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