■ Connecticut Estate Tax Made Less Harsh: ◙ For deaths and gifts on or after January 1, 2010, the Connecticut exclusion is increased from $2 million to $3.5 million. This is consistent with current federal law. ◙Under old law, an estate or gift valued at $2 million or less was not taxed. However, the full…
Summary: “I’m not only the Heir Club president, I’m also a client.” “Finding the right heir loss solution is an important decision that can accentuate your lifestyle in unimaginable ways. But one size does not fit all heir loss cases.” Estate taxes, medical expenses, jealous siblings, legal fees, or other avoidable problems might infringe on,…
■ Connecticut Estate Tax Made Less Harsh: ◙ For deaths and gifts on or after January 1, 2010, the Connecticut exclusion is increased from $2 million to $3.5 million. This is consistent with current federal law. ◙Under old law, an estate or gift valued at $2 million or less was not taxed. However, the full…
■ Destroy Old Documents: If you have not already destroyed old powers of attorney, health proxies or other documents naming your ex do so. Even if the divorce automatically makes those documents void, why tempt anyone. Do you want your ex to be holding an original signed health proxy authorizing him to pull the plug…