Connecticut provides a wonderful environment for any business to thrive, but your success will mostly depend on your hard work, connections and following the law. If you want to start a business, here are the important things to keep in mind. Find an ideal customer...
What you need to know about buying a small business
Deciding to buy a small business in Connecticut is exciting. There's much to consider and you must be disciplined. You should know what to expect when buying an existing business. Consider what type of business you want to buy You should first decide what type of...
Understanding different types of real estate deeds
Whether you have a young family and are looking for a great starter home, or you are a business owner seeking adequate space for your headquarters, you’ve recently decided to wade into the sometimes-murky waters of the real estate world. Before you sign a deed and...
Update your estate plan after divorce
Most financial planners agree that individuals should revise their estate plan after every significant life event. These events can include the death of a loved one or the birth of a child. One of the most common events, however, is the end of a marriage. After your...
The Importance of a Business Succession Plan
Good estate planning accounts for all of your assets in the event of your passing. Accounting for a business you own specifically calls for a succession plan. Unless you expect your business to default away after your passing, choose a successor for your company...
Real estate law lets you challenge a property tax assessment
When Connecticut home values go up, it is great news for home sellers. However, it is not such great news when the tax bill comes due. Real estate law gives you an opportunity to make an appeal. Is the increase reasonable? You have between 30 and 90 days to appeal an...
Defining a reverse merger
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...
Nesting is a recent post-divorce parenting trend
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...
How to retain control of real property in a divorce
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...
What you might not want to include in a revocable trust
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...