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...
Selling your home in Connecticut doesn't need to be a long and costly process. If you play your cards right, you can sell quickly. You can also make a tidy profit on your initial investment. It will be up to you to do all that you can to get your home ready to sell....
If you are an adult residing in Connecticut, you should have an estate plan. Ideally, this plan will have a will or trust, power of attorney documents and anything else that you might need to adequately manage or settle your affairs. After creating such a plan, it is...
No one ever expects their marriage to end in divorce in Connecticut, but it happens. If you are a small business owner, you need to take steps to protect your business should your marriage end in divorce. Create a prenuptial agreement A prenuptial agreement is a...