When doctors in Connecticut and around the country go through a divorce, determining how much their medical practices are worth and whether their businesses are separate or marital property are usually among the most difficult issues to resolve. Things are relatively...
The primary motivator for owning a franchise in Connecticut is that it allows you to go into a business for yourself but not alone. This is because you are operating under an established brand with a proven business model for success. However, like any other type of...
Sometimes, Connecticut residents can find themselves in a situation where they can't make decisions about their personal and financial needs. This is where estate planning comes in, particularly a power of attorney. It lets you plan in advance who will make decisions...
Ancillary probate is a process you have to get through when a Connecticut decedent owned property in a different state from their domicile. The costs of these proceedings are often high, but there are a few strategies you can employ to avoid it. When do you need it...
Connecticut entrepreneurs rightfully take pride in building small businesses, but a variety of reasons could prompt you to sell your company. Hopefully, the decision will not be made in haste. A good exit strategy can take two or three years to put together but could...
There are many reasons why couples in Connecticut and around the country may decide to end their marriages. These may include infidelity, emotional abuse or the fact that the relationship isn't as fulfilling as it once was. Any reason is valid Of course, you shouldn't...
An executor or estate administrator in Connecticut has several roles that all point towards distributing assets to the decedent's beneficiaries. But, this can't happen before things like taxes and any outstanding debts are sorted. For taxes, there's a specific...
Executive compensation refers to the total package of pay and benefits that a company provides to its top-level employees. This includes salary, bonuses, stock options and other forms of compensation. If you're a high-level Connecticut executive, divorce can have a...
If you're looking to form an LLC in Connecticut, you'll need to familiarize yourself with the basics of the LLC operating agreement. This document is critical for setting up the rules and regulations for your LLC. LLC operating agreement in Connecticut definition An...
In Connecticut, marital assets are divided in an equitable manner in the event of a divorce. If you own your home jointly with your spouse, there is a good chance that it will need to be included as part of a final settlement. You will likely have several options as...