Post-DOMA Planning: Exploring Some of the Most Significant Federal Benefits Now Available to Married Same-Sex Couples Once the Supreme Court’s decisions regarding the Defense of Marriage Act have had some time to sink in, same-sex couples and their advisors will need to start sorting through the changes resulting from this decision and determining how they […]
Post-DOMA Planning: How the Supreme Court’s DOMA Decision Will Affect Estate and Income Tax Planning for Same-Sex Couples In a landmark decision yesterday in the case of United States v. Windsor (http://www.supremecourt.gov/opinions/12pdf/12-307_g2bh.pdf), the Supreme Court struck down the Defense of Marriage Act (DOMA). DOMA is a U.S. federal law that barred federal recognition of same-sex marriage, thereby preventing married […]
Most people have very little involvement with probate procedures, wills or the distribution of estate assets. Although they may have received an inheritance, few actually get involved on a detailed level. So when it comes time to consider their own estate and will needs or are named as an executor of an estate, a lot […]
In probate proceedings, the Final Account, which is also called the Administration Account in Connecticut, is the statement filed with probate court that shows the final disposition of an estate’s assets after all debts, taxes and expenses relating to the estate have been paid but before assets are distributed to beneficiaries. The final account is filed […]
When a person passes away and leaves an inheritance behind for loved ones, it’s natural for the person’s heirs and beneficiaries to want to know what they have been left. It’s also natural for these individuals to want to make sure the estate is being handled well or that they are receiving their rightful share. […]