Gregory and Adams, P.C.
Call to consult an attorney 203-529-1742

Posts tagged "Trust And Estates/Taxation"

The Federal Gift, Estate and Generation Skipping Transfer Taxes

Federal Gift, Estate and Generation Skipping taxes have long been subject to a unified exemption. Transfers are cumulative. A gift tax return must be filed reporting the cumulative transfers and exemption consumed from prior and the current year returns. Tax is imposed on the amount which exceeds the exemption. There are exceptions, such as the annual gift tax exclusion (presently $15,000), but that's the gist of it.

What to consider when choosing a trustee

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 trust and funding it correctly is important, they often forget about what it takes to name the right trustee

Email Us For A Response

Request Legal Advice

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Wilton Office
190 Old Ridgefield Road
Wilton, Connecticut 06897

Phone: 203-529-1742
Fax: 203-834-1628
Wilton Law Office Map

New York Office
156 West 56th Street
New York, New York 10019

Phone: 203-529-1742
Fax: 203-834-1628
Map & Directions