The Tax Cut and Jobs Act (TCJA) is now officially law. Both the House and Senate passed the new tax reform bill in December with straight party-line votes and no support from Democrats. President Trump signed it into law right before Christmas. It is the first overhaul of the tax code in more than 30 [..]
Connecticut recently changed its Power of Attorney law (see Public Act 15-240) to keep up with financial transactions in the 21st century. The prior law had been in effect since 1965, before online banking, cell phones and even personal computers existed. A Power of Attorney (PoA) is a document you (the Principal) sign naming the [..]
Last modified: 8 months ago | 8/3/2016 If you are considering taking on the responsibility of serving as the trustee of a special needs trust, you will probably have questions about the trustee’s role. Trustees of special needs trusts have many important responsibilities, but these five likely rank at the top of any trustee’s list. [..]
Parents of students with disabilities may be rethinking their child’s educational plan after the U.S. Supreme Court’s ruling in the case of a child with autism and attention deficit disorder whose parents took him out of public school. At issue in the case was the level of educational benefit that public schools must provide to [..]
Last modified: 1 week ago | 2/28/2017 ABLE accounts are a relatively new planning tool available to individuals with disabilities. The Achieving a Better Life Experience (ABLE) Act, signed by President Obama in 2014, allows individuals who meet certain criteria to open and hold assets in an account that will not be counted as a [..]
