Blog Archives

7 Easy Steps to Manage an Estate in Connecticut

Please review 6 Easy Steps to Open an Estate in Connecticut.  1) Post a Probate Bond   Unless the will specifically indicates a bond is not required, the executor will need to get a Probate Bond. The coverage and insurance


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6 Easy Steps to Open an Estate in Connecticut

  1) Go to Probate Court and Get Your Appointment A decedent will list their executor (or executrix) in their will.  If the decedent did not name one or did not have a will, the court will appoint someone to


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Why Parents Should Not Give Their House to Their Children

Frequently, parents will be encouraged to give their home to their children so the government won’t take it to pay any nursing home bills.  This is usually very bad advice.  Why is this not an appropriate strategy?


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Don't Look Now…Tax Rates are Headed Up!

The Bush era tax cuts are expiring.  Here are some of the key tax rates for 2010 and 2011: 2010                 2011 Ordinary Income                                   35%                 39.6% Long Term Capital Gains                       15%                 20% Qualifying Dividends                             15%                 39.6% Estate Tax                                              0%                 55% Unless Congress decides


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Happy 75th Birthday to the Social Security Administration

Blow out the candles and cut the cake, the Social Security Administration (“SSA”) is celebrating its 75th birthday! I recently attended a presentation by one of the Social Security representatives.  If you get a chance to attend one of these sessions,


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