January 2013

If you live in Connecticut, any property you own when you die will be assessed to determine whether your estate owes the IRS or Connecticut - or both - or neither. Your estate includes your house, car, furniture, bank account, brokerage…

FOR many wealthy people, the American Taxpayer Relief Act, passed by Congress this week, lives up to its name. For inheritance and gift taxes in particular, all but the richest will likely be able to protect their assets from taxes, now…