Videos
Gift and Generation-Skipping Transfer Tax Consequences of Modifying or Decanting Trusts
April 8, 2025In this video, Daniel G. Johnson, a Principal in Cummings & Lockwood’s Private Clients Group and based in the firm’s Stamford, Connecticut office, focuses on the important recent IRS Chief Counsel Advice Memorandum 202352018 signaling a shift in the position of the IRS concerning the gift tax consequences of trust modifications as well as gift and generation-skipping tax consequences of modifying or decanting a trust.
Is an Irrevocable Trust Irrevocable? Modification and Decanting Trusts in Connecticut
April 1, 2025In this video, Daniel P. Fitzgerald, a Principal in Cummings & Lockwood’s Private Clients Group and based in the firm’s Greenwich, Connecticut office, covers the ins and outs of Connecticut’s modification of trusts and decanting statute. When can you modify or decant and what are the restrictions on modifying or decanting.
Post-Mortem Liquidity: 6166, Life Insurance and Loans
March 25, 2025In this video, Rachel Rhein Zarghami, a Principal in Cummings & Lockwood’s Private Clients Group and based in the firm’s Stamford, Connecticut office, provides an overview of certain lifetime and post-mortem planning opportunities to create liquidity at death.
Recent Supreme Court Decision Regarding Buy-Sell Agreements in Connelly v. U.S.
March 18, 2025In this video, Caroline Demirs Calio, a Principal in Cummings & Lockwood’s Private Clients Group and based in the firm’s West Hartford, Connecticut office, covers the U.S. Supreme Court’s decision in Connelly v. United States, including how buy-sell agreements should be structured after the decision.
Corporate Transparency Act (CTA)
March 11, 2025In this video, Brendan P. Snowden, a Principal in Cummings & Lockwood’s Corporate & Finance Group and based in the firm’s Stamford, Connecticut office, discusses recent regulations implementing the Corporate Transparency Act, which became law on January 1, 2021 as a part of the Anti-Money Laundering Act of 2020.
Utilizing Charitable Entities in the Current Interest Rate Environment
March 4, 2025In this video, Brianna L. Marquis, a Principal in Cummings & Lockwood’s Private Clients Group and based in the firm’s West Hartford, Connecticut office, covers the best charitable techniques for the current interest rate environment after years of low interest rates.
Potential Implications of the 2024 U.S. Presidential Election on Taxes
February 25, 2025In this video, Elizabeth A. Falkoff, a Principal in Cummings & Lockwood’s Private Clients Group and based in the firm’s Stamford, Connecticut office, covers the potential implications of the 2024 U.S. presidential election on the estate, gift and generation-skipping transfer tax system.
2024 Current Estate and Gift Tax Environment
February 20, 2025In this video, Katherine C. Gent, a Principal in Cummings & Lockwood’s Private Clients Group and based in the firm’s Stamford, Connecticut office, reviews the current federal, Connecticut and New York estate, gift and generation-skipping transfer tax laws.
An Introduction to Cummings & Lockwood's Private Clients Group
December 20, 2023In this video, Heather Rhoades, Chairman of the Private Clients Group, provides an overview of Cummings & Lockwood's Private Clients Group which provides a broad array of trusts and estates services to individuals, families, family offices, closely held businesses and private foundations.
Estate Planning & Incapacity Planning
December 20, 2023In this video, Margaret (Meg) Deluca, a Principal in Cummings & Lockwood’s Private Clients Group, discusses estate planning, why it is so important in case of incapacity, and the key components of an estate plan: a Will, Trusts, Durable Power of Attorney, Living Will and a Designation of a Health Care Representative.
Cummings & Lockwood 2023 Firm Overview
December 20, 2023In this video, Laura Beck, Chairman and Managing Directory of Cummings & Lockwood, discusses the firm's 115 year history.
Current Estate and Gift Tax Environment
December 6, 2023In this video, Katherine Gent, an attorney in Cummings & Lockwood’s Private Clients Group, discusses the current federal, Connecticut and New York estate, gift and generation-skipping transfer tax laws.