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Mergers often become big news. Connecticut residents largely understand the process of two companies coming together to form one. But fewer people know what's meant by a reverse merger. This is a strategy that's usually pursued for a very specific reason. Reverse...
Until recently, when someone 'nested,' the assumption was that they were preparing for a new baby. But now, parents in Connecticut and across the country are nesting post-divorce. In a family that birdnests or nests, the parents are the ones who change locations, not...
Any items that were acquired during your marriage may be ceded to your spouse as part of a divorce settlement. This means that your spouse might take possession of the family home, a rental property or other real property that you own in Connecticut. However, there...
A revocable living trust can be an effective tool for managing your Connecticut estate. However, there are certain items that may not be worth including in such a trust. Those assets include life insurance policies, ownership rights to a vehicle and qualified...
Everything changes when you file for divorce in Connecticut. If you're not on civil terms with your estranged spouse, you might not even know where you're going to live. Where can you stay until you find a new residence? Who gets to stay in the house? If your name is...
The divorce may be final but that doesn't mean your financial connection to your former spouse has been severed. Chances are, your ex's name appeared on at least one Connecticut financial document that still needs to be updated. There are a few more things you need to...
Many Connecticut residents mistakenly believe that estate planning only benefits older people with extreme wealth, but the benefits of estate planning are available to many people outside of this group. A well-planned estate is a useful tool for anyone who owns assets...
Connecticut business owners are strongly encouraged to include company assets in their estate plan. This is true whether you plan on passing the company down to future generations or plan on selling it and giving the proceeds of the sale to your heirs. Business assets...
What pet or pets you wish to include in the trust? This can be done by microchip number, DNA profile, photographs, registration papers or simply a written description along with your pet(s) name(s). What type of care do you want for your pet? What specific treatment,...
Estate planning enables the deceased to provide genuine comfort to surviving family members during their time of need. But, it needs to be thoughtful and done properly to get the desired effect. It is much more than an inventory of assets and where they should go, but...