State Income Taxation

States are all over the board in their taxation of income. Some tax at a low rate, some tax at a high rate, and some don’t tax at all. Read on to learn more about state income taxation and how you could avoid it.
The post State Income Taxation appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/estate-planning/state-income-taxation/

Advertisements

State Income Taxation of Nongrantor Trusts

States are all over the board in their taxation of income. This is doubly true when it comes to the taxation of nongrantor trusts. By using nongrantor trusts, you could avoid the state income taxation of property in that trust. Read on to learn more.
The post State Income Taxation of Nongrantor Trusts appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/estate-planning/state-income-taxation-nongrantor-trusts/

Beneficiary Designations, etc., Aren’t a True Substitute for a Trust

TOD / POD, beneficiary designations, and joint tenancy can be simple ways to transfer assets at death. However, these simple methods lack some of the benefits of a trust. Read on to learn more.
The post Beneficiary Designations, etc., Aren’t a True Substitute for a Trust appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/estate-planning/beneficiary-designations-arent-true-substitute-trust/

Connecticut Elder Abuse Registry Passes Committee

Elder abuse and neglect is something we should all be concerned about given the fact that we will all (hopefully) be among the elderly ourselves one day. Although elder abuse is not something new, it has only gained national attention in recent years, due in large part to the dramatic increase in the senior population. […]
The post Connecticut Elder Abuse Registry Passes Committee appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/elder-law/connecticut-elder-abuse-registry-passes-committee/

Do I Need an Attorney to Help Me Administer a Trust?

Were you recently notified that someone named you as the Trustee of a trust? If so, and you have never before served as a Trustee, you likely have a number of questions about your duties and responsibilities as Trustee. Whether or not you need to hire an attorney to help you administer the trust is […]
The post Do I Need an Attorney to Help Me Administer a Trust? appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/wills-and-trusts/do-i-need-an-attorney-to-help-me-administer-a-trust/

Questions to Ask an Elder Care Attorney

The population of older adults in the United States has grown in recent decades at a historical rate —  and shows no signs of slowing down in the decades to come. On the contrary, experts tell us that the older population (age 65 and older) will outnumber their younger counterparts (age 21 and younger) for […]
The post Questions to Ask an Elder Care Attorney appeared first on Nirenstein, Horowitz & Associates P.C..

https://preserveyourestate.net/blog/elder-law/questions-to-ask-an-elder-care-attorney/