Our Practice Areas
Serving Families and Individuals in Guilford, New Haven and Madison, CT
Comprehensive estate planning covers nearly every aspect of life. It begins with protecting yourself and your personal dignity, and extends to protecting your loved ones and your hard-earned assets.
Follow the links below to learn more about our Estate PLanning services provided at Sullivan & Griffith, LLP.:
Estate Planning Fundamentals
There are many legal strategies involved in estate planning, including wills, revocable living trusts, irrevocable trusts, continuing trusts, durable powers of attorney, and health care documents.
Learn more about the Estate Planning process.
Powers of Attorney
A Power of Attorney allows a person or persons that you designate to act on your behalf as your agent. Your agent is called your "Attorney in Fact." The power you give to your Attorney in Fact can be extremely broad, allowing him or her to act in any situation in which you could act for yourself, essentially as your "alter ego."
Learn more about Powers of Attorney.
Advance Directives are your specific written instructions regarding a number of health care related matters. It is very common today to be asked upon admission to a hospital or other long term care facility whether or not you have any Advance Directives of which the institution should be aware.
Learn more about Advance Directives.
Estate Tax Planning
Historically speaking, the federal estate tax is an excise tax levied on the transfer of a person's assets after death. In actuality, it is neither a death tax nor an inheritance tax, but more accurately a transfer tax. There are three distinct aspects to federal estate taxes that comprise what is called the Unified Transfer Tax: Estate Taxes, Gift Taxes, and Generation- Skipping Transfer Taxes. Legal planning to avoid or minimize federal estate taxes is both a prudent and an important aspect of comprehensive estate planning.
Learn more about Estate Tax Planning.
Revocable (or “Living”) Trusts are created for many reasons, including providing a vehicle through which your assets can be managed for your benefit if you become incapacitated, maintaining privacy with regard to your assets and estate plan, and reducing the role of the Probate Court in overseeing your estate after your death.
Learn more about Trust Funding.
We encourage and assist the tradition of giving to charitable causes, including the employment of tax-advantaged strategies that maximize the value of your gift. We help clients make charitable gifts and practice good stewardship in the most tax-efficient manner.
Learn more about Charitable Giving Strategies.
Family businesses are the backbone of the American economy. From agriculture to services, technology and manufacturing, family businesses generate an estimated one-half of the U.S. Gross National Product and pay half of all wages earned in this country.
Find out how we can help you preserve your family business.
Special Needs Planning
Special Needs Estate Planning focuses on providing for the special needs of our loved ones with disabilities when we are no longer there to organize and advocate on their behalf. Parents of children with special needs must make careful estate planning choices to coordinate all of the legal, financial, and special care needs of their children – both now and in the future.
Learn more about Connecticut Special Needs.
Probate and Estate Administration
Probate and estate administration are the processes through which estate assets are transferred after death. Assets to be transferred under terms of a will go through probate. Assets transferred outside of a will, such as by operation of law, or those planned for in a trust are handled through an Administration process. Administration also refers to the process whereby assets are transferred by rules of the state when there is no will. We can help make the process easier, more efficient, and provide peace of mind during a difficult time.
Learn more about Probate and Estate & Trust Administration.
Trust Administration and Fiduciary Services
When a trust is funded during lifetime, the process of managing trust property is relatively simple, because in most cases the creator of the trust (the “Grantor”) is also the Trustee. There is no loss of control and the Grantor/Trustee can manage assets in any way he or she sees fit.
Learn more about Trust Administration and Fiduciary Services.