Trusts are valuable estate planning tools that can be utilized to any number of ends. Connecticut residents can use trusts to minimize estate taxes, avoid probate and more easily pass assets to heirs. While people usually understand that selecting the right type of...
Gregory and Adams Legal Blog
The drawbacks of buying virgin land for businesses
Owning raw land to establish an upcoming business has its benefits. Owners do not have to worry about any rent payments, the land itself does not cost as much as established properties and there is significantly more flexibility with how owners want everything built...
Business law: Synnex expands global reach through acquisition
Acquiring another business is an excellent strategy for expanding your customer base or increasing sales. In theory, these moves are great. In practice, things can get somewhat more complicated. To ensure a successful acquisition, Connecticut owners should be certain...
Special use permit granted for new casino’s land use
A special use permit for a new casino was recently approved in Connecticut. These permits allow for developers and land owners to use the property in a way that deviates from its zoned usage. However they are not permanent and specify a time frame for how long the...
Walmart heads toward litigation with former employee
Protecting trade secrets and important company information is common practice for Connecticut businesses, and most use non-compete agreements with their employees. These agreements typically prohibit workers from being hired by competitors of their former employers,...
Does your land use violate zoning laws? You have options
Zoning laws are essential to maintaining the order and appearance of cities, towns and neighborhoods. Whether denoting residential or industrial areas, these zones ensure that land owners utilize their property in accordance with the law. But what happens when an...
Growing wave of multifamily construction in Hartford
Growth is a crucial issue facing municipalities and business owners. For cities and counties, growth means and increase in tax revenue that may mean additional programs or closing deficits. For business owners, it may create opportunities to pass their success to...
Develop a transition plan before purchasing a business
Buying a business can be an intimidating endeavor. There are lots of moving pieces, and the paperwork alone can seem endless. One thing to begin planning early on in a business purchase is the transition period. The time when operations of the company move from the...
