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Charitable Planning

February 20, 2020

In this video, Heather J. Rhoades, a Principal in Cummings & Lockwood’s Private Clients Group, discusses how charitable giving can be incorporated into an estate plan, as well as describes the more common charitable structures or techniques, such as Charitable Lead Trusts, Charitable Remainder Unitrusts and Private Foundations.  (2:01)

Probate & Estate Administration

February 17, 2020

In this video, Mary Beth Crawford, a Principal in Cummings & Lockwood’s Private Clients Group, discusses who is responsible for settling an estate, what happens if there is no Will and how long it typically takes to settle an estate, as well as outlines the seven principal duties of an Executor.  (2:40)

Choice of Fiduciaries

February 13, 2020

In this video, Daniel G. Johnson, a Principal in Cummings & Lockwood’s Private Clients Group, discusses what a fiduciary is, the roles and responsibilities of a fiduciary, and the selection of fiduciaries, which might include a family member, non-family member, a trust company or bank with a trust department, or a trusts and estates attorney or accountant who regularly serves as Executor or Trustee.  (2:23) 

Connecticut Directed Trusts

February 10, 2020

In this video, Daniel P, Fitzgerald, a Principal in Cummings & Lockwood’s Private Clients Group, discusses the estate planning opportunities presented by the Connecticut Directed Trust Act.  (2:38)

Connecticut Asset Protection Trusts

February 6, 2020

In this video, Kelley Galica Peck, a Principal in Cummings & Lockwood’s Private Clients Group, discusses new asset protection planning in Connecticut through Asset Protection Trusts.  (2:42)

Which High-End Neighborhoods in the New York Tri-State Area Have the Lowest Property Taxes?

January 8, 2020

Kathleen M. Merrigan, a Residential Real Estate Principal in Cummings & Lockwood's Greenwich office, was quoted in an article by V. L. Hendrickson published in Mansion Global on January 9, 2010 entitled “Which High-End Neighborhoods in the New York Tri-State Area Have the Lowest Property Taxes?”

No Thank You: Tax, Legal and Practical Consequences of Charitable Gifts Returned to Donors

December 31, 2019

Conrad Teitell, Heather J. Rhoades and Brianna L Marquis wrote an article for Trusts and Estate Magazine entitled "No Thank You:  Tax, Legal and Practical Consequences of Charitable Gifts Returned to Donors" which was published in the January 2020 Issue.


Trusts & Estates Magazine

Private Foundation Tax Simplified -- May Result in Higher Taxes for Some

December 30, 2019

Private foundations will now be subject to a flat excise tax of 1.39% on their net investment income. As part of the Further Consolidated Appropriations Act, 2020, Public Law No. 116-94, that was passed on December 20, 2019, the new flat rate will be effective for tax years beginning after December 20, 2019.

2019 Cummings & Lockwood Annual Update

December 30, 2019

This year marked Cummings & Lockwood's 110th anniversary.  Our founders, Homer Cummings and Charles Lockwood, opened the firm over a century ago in Stamford, Connecticut.  Since then, we have grown to over 200 lawyers, fiduciary accountants, paralegals and staff, with six locations in Connecticut and Florida.

“SECURE Act” Set to Become Law and Eliminate “Stretch” Inherited IRAs for Non-Spouse Beneficiaries

December 19, 2019

The Setting Every Community Up for Retirement Enhancement ("SECURE") Act passed the U.S. House of Representatives and Senate as part of the Spending Bill and is expected to be signed by the President before December 24th.

WEBINAR: Operating Charitable Entities: Help clients choose their philanthropic paths through a private foundation or donor-advised fund

December 10, 2019

Stefania L. Bartlett and Cara Howe Santoro, attorneys in the Private Clients Group of Cummings & Lockwood will participate in a Webinar on Wednesday, December 11, 2019 at 2:00 p.m. EST hosted by WealthManagement.com and moderated by Susan Lipp, Editor-in-Chief of Trusts & Estates Magazine.

Cummings & Lockwood Assists with the Refinancing of Greenwich Plaza, One of the Largest Commercial Real Estate Financings in Fairfield County in 2019

December 4, 2019

Cummings & Lockwood recently represented The Ashforth Company on its $150 million refinancing of the Greenwich Plaza office and retail complex, a trophy property located in the central business district of Greenwich, overlooking Long Island Sound