Articles

Connecticut Child Custody – What you need to know

It is important for couples who are involved in a child custody dispute to understand that child custody in the State of Connecticut is often complicated and that courts typically prefer the parents reach an agreement between themselves. There are some specific terms that parents should understand regarding custody including: Sole legal custody – occurs when one parent is assigned

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The Connecticut Divorce Process

No one enters a marriage with the idea that it is going to end in divorce. However, for many couples a divorce is the only solution for an unhappy situation. If you’re considering filing for divorce in Connecticut, make sure you understand the types of dissolutions available to you. Uncontested Connecticut Divorce In an uncontested divorce you and your spouse

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Water damage to Connecticut coastal homes may bring financial trouble

Hurricane Sandy devastated the coastal area homes of many Connecticut residents. In some cases, tidal waves did more than 50 percent damage to the value of homes while raising the price of flood insurance. In addition, a federal revamping of flood maps of coastal areas nationwide has made even obtaining flood insurance for some homeowners difficult. The Federal Emergency Management

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Mortgage aid programs help distressed homeowners

Despite the fact that nationwide statistics show that foreclosure rates are falling, many Connecticut residents are struggling to stay in their homes. In some Connecticut cities, foreclosure rates are actually increasing. Experts opine that Connecticut’s high unemployment rate, a rate that is still at 9 percent, contributes to the state’s high rate of foreclosures. Many Connecticut residents, especially those in

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Business succession planning is key in Connecticut

Few issues loom larger than succession planning for small and family-owned businesses. Passing a business on to younger generations is notoriously difficult without proper planning. It can take years of meticulous preparation and leadership training and must often be updated. Too often small business owners delay creating a succession plan or rely on outdated agreements with partners. Not only does

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Forming an LLC can be highly advantageous for your business

To run a successful business, you have to be good at what you do. It’s likely that you know your business inside and out. However, if you don’t have a legal background, you might not be sure which form of business entity is best for your type of business. A limited liability company, or LLC, is a business entity that

Read More »

The impact of the economy on estate planning

According to a Federal Reserve study, Americans lost nearly 40 percent of their estates between 2007 and 2010. This includes a median $42,000 loss in the value of American homes, most people’s most valuable asset. High unemployment also negatively affected retirement savings plans and lowered credit scores. The Great Recession impacted families’ lifestyles, retirement plans and – sometimes overlooked –

Read More »

Connecticut Child Custody – What you need to know

It is important for couples who are involved in a child custody dispute to understand that child custody in the State of Connecticut is often complicated and that courts typically prefer the parents reach an agreement between themselves. There are some specific terms that parents should understand regarding custody including: Sole legal custody – occurs when one parent is assigned

Read More »

The Connecticut Divorce Process

No one enters a marriage with the idea that it is going to end in divorce. However, for many couples a divorce is the only solution for an unhappy situation. If you’re considering filing for divorce in Connecticut, make sure you understand the types of dissolutions available to you. Uncontested Connecticut Divorce In an uncontested divorce you and your spouse

Read More »

Water damage to Connecticut coastal homes may bring financial trouble

Hurricane Sandy devastated the coastal area homes of many Connecticut residents. In some cases, tidal waves did more than 50 percent damage to the value of homes while raising the price of flood insurance. In addition, a federal revamping of flood maps of coastal areas nationwide has made even obtaining flood insurance for some homeowners difficult. The Federal Emergency Management

Read More »

Mortgage aid programs help distressed homeowners

Despite the fact that nationwide statistics show that foreclosure rates are falling, many Connecticut residents are struggling to stay in their homes. In some Connecticut cities, foreclosure rates are actually increasing. Experts opine that Connecticut’s high unemployment rate, a rate that is still at 9 percent, contributes to the state’s high rate of foreclosures. Many Connecticut residents, especially those in

Read More »

Business succession planning is key in Connecticut

Few issues loom larger than succession planning for small and family-owned businesses. Passing a business on to younger generations is notoriously difficult without proper planning. It can take years of meticulous preparation and leadership training and must often be updated. Too often small business owners delay creating a succession plan or rely on outdated agreements with partners. Not only does

Read More »

Forming an LLC can be highly advantageous for your business

To run a successful business, you have to be good at what you do. It’s likely that you know your business inside and out. However, if you don’t have a legal background, you might not be sure which form of business entity is best for your type of business. A limited liability company, or LLC, is a business entity that

Read More »

The impact of the economy on estate planning

According to a Federal Reserve study, Americans lost nearly 40 percent of their estates between 2007 and 2010. This includes a median $42,000 loss in the value of American homes, most people’s most valuable asset. High unemployment also negatively affected retirement savings plans and lowered credit scores. The Great Recession impacted families’ lifestyles, retirement plans and – sometimes overlooked –

Read More »

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