Married couples often create joint estate plans. They share assets and family members, so they create plans together to protect their resources, their shared children and one another. Many married couples sit down together with an estate planning lawyer so that their...
Should a company go to court over a contract violation?
A company's contracts influence everything from what it must pay its workers to what costs clients must pay for their services. Organizations often invest both time and money in the development of strong contracts that adequately protect the business. Unfortunately,...
Are retirement savings at risk during a Connecticut divorce?
Most married couples in Connecticut share their resources completely. They combine their checking accounts and jointly work to establish equity at their primary residence. They likely also plan to retire together. Their retirement budget likely reflects a plan of...
2 special estate planning considerations for young landlords
One of the ways that people in Connecticut seek financial stability is investing resources with the intention of generating a viable stream of income. Some people invest in stocks or in a business owned by someone they know. Others may decide to start their own...
Estrangement, conflict, and estate planning
Estate planning is not always straightforward. Although the legal guidelines surrounding how someone drafts a last will and testament or a trust will only change if Connecticut state law changes, relationships between family members can become strained. Estate...
An in-depth look at spendthrift trusts & why they’re beneficial
You can protect and control what you leave behind in Connecticut through estate planning. Certain individuals take care of beneficiaries by creating a spendthrift trust. Before using this type of trust, it's important to know how it differs from other trusts....
How financial infidelity can affect your gray divorce
Infidelity is a common theme among couples going through a divorce in Connecticut. While most people tend to think of infidelity as sexual, financial infidelity can have more far-reaching consequences. How do you protect yourself from a spouse who isn't truthful about...
Steps to prepare your company for sale
In Connecticut, selling a business can involve a lot of complexity and, in some cases, emotion. Still, you can navigate the process with careful preparation and some essential information points for guidance. When the time comes to put your business on the market, the...
Three ways creating a Connecticut estate plan shows love to your family
Creating an estate plan is one of the most loving things you can do for your family in Connecticut. This plan helps bring them peace of mind at the time of your death that you are carrying out their wishes. Give your assets as you want Creating an estate plan allows...
How to prepare a succession plan for your small business
Connecticut small business owners often pour their heart and soul into building their companies, but they must consider what happens when they are no longer able to lead it due to illness, death, or retirement. A succession plan is a roadmap that outlines how a...