WICC Melissa in the Morning’s interview with Bill Burns and Christine Thomas of Burns Thomas, LLC on 5/15/2023. Christine Thomas · WICC - Interview with BURNS THOMAS 910AM - 051523
Month: February 2023
Will your will be accepted in Connecticut?
A will is used to dictate who gets assets such as a home or car that is held inside of your estate. Connecticut law states that a will must be in writing, signed by the testator and also signed by two witnesses. The testator is the person who creates the document, and...
Today’s Business: Sunset of current estate tax exemption
Attorney William P. Burns Jr. is a principal at Burns Thomas LLC, and can be reached at 203-723-9420. Contributed photo The federal estate tax is levied on the transfer of assets from a deceased person to the heirs. It has been a controversial topic in the United...
What Connecticut residents should know about state and federal estate taxes
There's an old joke that the only certainties in life are death and taxes. In a sense, estate taxes combine the two. An estate tax is a tax on a deceased person's estate that must be paid before the heirs can receive their shares of the inheritance As you probably...
Listen to Bill and Christine’s interview on WICC’s Melissa in the Morning (4/19/23)
WICC Melissa in the Morning's interview with Bill Burns and Christine Thomas of Burns Thomas, LLC on 4/19/2023. Christine Thomas · WICC - BURNS THOMAS MITM 910AM - 041923
Listen to Bill and Christine’s interview on WICC’s Melissa in the Morning
Listen to Bill and Christine's interview on WICC's Melissa in the Morning and learn how to incorporate your digital assets - be it crypto, NFTS, photos, or videos - into your estate plan.
Today’s Business: Cryptocurrency and estate planning
Attorney Christine Thomas focuses her practice on estate planning and represents a diverse range of clients from all walks of life. She is a principal at Naugatuck-based Burns Thomas, LLC. Contributed photo Cryptocurrency has become a new wrinkle in development of an...
Today’s Business: Transferring appreciated property can have a major tax impact
Attorney William P. Burns Jr. focuses his practice on estate planning. He is a principal at Naugatuck-based Burns Thomas LLC, and can be reached at 203-723-9420. Contributed photo With the value of your home increasing substantially, perhaps you need to take a fresh...
A Presley family lesson for everyone
You would think that folks with the assets and notoriety of Elvis Presley’s family would understand the importance of getting important documents done properly – with people you trust. Yet, lessons seemingly were not learned. Elvis reportedly earned more than one...
Estate planning is often easier when you communicate
Having conversations about estate planning can be awkward for both adult children and older parents alike. However, a lack of communication may result in delays in carrying out a deceased loved one's final wishes. In some cases, it may result in assets being...