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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...
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 and learn how to incorporate your digital assets - be it crypto, NFTS, photos, or videos - into your estate plan.
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...
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...
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...
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...
The so-called “clean slate” law will be effective as of Jan. 1. It allows for the erasure of criminal records for those who remain crime-free for an extended period. However, erasure of a criminal record does not erase an individual’s obligation from using an...
Probate is an important legal process that ensures the safe and orderly transfer of a Connecticut resident's assets after they die. It can be a lengthy and complicated process, and there are several things that can delay its completion. The deceased person did not...
A trust is a legal arrangement in which one person, the trustor, transfers property to another person, the trustee, to hold and manage for the benefit of a third person, the beneficiary. There are many different types of trusts in Connecticut, but spendthrift trusts...