News & Insights
Sunday, September 1, 2019 marked Cummings & Lockwood’s 110th anniversary as a firm.
Should a client create a private foundation (PF) or donor-advised fund (DAF) - or contribute directly to a public charity? The answer: it depends on the facts of each client’s situation.
Trusts & Estates Magazine
34 Cummings & Lockwood Attorneys in Connecticut and Florida Named Among The Best Lawyers in America for 2020August 15, 2019
Cummings & Lockwood LLC is pleased to announce that 34 of its attorneys in Connecticut and Florida have been listed in The Best Lawyers in America® 2020. Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence.
Cummings & Lockwood is pleased to announce that the following eight trusts and estates attorneys in the Firm’s Naples and Bonita Springs, Florida offices have been selected Florida Super Lawyers in 2019.
In the flurry of legislation passed in June at the end of the legislative session, Connecticut quietly closed a Connecticut estate tax loophole that was available to non-residents.
Cummings & Lockwood Garners the Top Spot in Private Wealth Law in the 2019 Chambers High Net Worth GuideJuly 15, 2019
Cummings & Lockwood is pleased to announce that for the fourth year in a row, the Firm has been ranked in Tier 1 in Private Wealth Law by Chambers & Partners in their 2019 Chambers High Net Worth Guide.
No. 193 - Thank goodness you've drafted your Will, so now you don't have anything to worry about. Actually, maybe you do. Contrary to popular belief, your Will does not control what happens to everything you own upon your death.
Sweeping changes to Connecticut’s trust laws are set to take effect on January 1, 2020, bringing the state into alignment with several others and potentially creating a windfall of millions of dollars for Connecticut’s coffers.
Fairfield Couny Business Journal - Daily Voice Plus Section
The law, which has existed for some time, has increased rates on the most expensive homes. Kathleen M. Merrigan, a Residential Real Estate Principal in the Greenwich office, was quoted in an article by V.L. Hendrickson published in Mansion Global on July 4, 2019.
Kelley Galica Peck, a Principal in the West Hartford office, wrote an article for Steve Leimberg’s Estate Planning Newsletter entitled “Connecticut Adopts Omnibus Trust Code.”
On June 21, 2019, the United States Supreme Court, by a unanimous decision, held that the State of North Carolina could not impose a state level income tax on a trust based solely on the residence of the beneficiary of the trust.
Reducing Capital Gains Taxes with Charitable Remainder Trusts
Conrad Teitell, Laura Weintraub Beck and Sarah A. Ricciardi wrote an article for Trusts and Estate Magazine entitled "Fractional Gifts of Art" which was published in the June 2019 Issue.
Trusts & Estates Magazine