Don’t overlook this important element of divorce planning. While not typically top of mind during divorce, taxes are an important consideration, especially completing your tax return. Consult with an attorney or advisor who understands the tax laws so that planning can be done before you agree to a settlement. Being equipped with information regarding divorce,taxes,
Like any financial goal, planning in advance for the cost of higher education is key. Families need to feel confident their student is getting the right academic experience at the right cost. The appropriate funding strategy can differ widely depending on both student academics and family finances. Parents and grandparents alike have many options to
This Issues and Insights discusses recent changes to Connecticut’s taxes. Connecticut is the only state that still imposes a gift tax, which is unified with the Connecticut estate tax in the same way as the federal estate and gift tax system. Recent legislation modified the Connecticut tax law, specifically the estate and gift tax. We
