News & Insights
21 Cummings & Lockwood Attorneys in Connecticut and Florida Named 2017 Best Lawyers in America
August 16, 2016Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence.
Kelley Galica Peck Has Joined Cummings & Lockwood as a Principal in the Private Clients Group in the Firm's West Hartford Office
August 15, 2016Kelley Galica Peck has significant experience working with individuals and families to plan for the management, protection and transfer of wealth, including succession planning for owners of closely held businesses.
Cummings & Lockwood Attorneys Named 2016 Florida Super Lawyers
August 1, 2016The annual selections are made using a patented multiphase process that includes a statewide survey of lawyers, an independent research evaluation of candidates based on 12 indicators, and peer reviews by practice area. The result is a credible, comprehensive and diverse listing of exceptional attorneys.
Heather J. Rhoades Named Principal-in-Charge of Cummings & Lockwood's West Hartford, Connecticut Office
August 1, 2016Heather J. Rhoades joined the Firm in 1999 and became a Principal in 2007. She is a member of the Firm’s Private Clients Group where she brings 17 years of experience in estate planning, estate settlement, trust administration and charitable planning. She is also a member of the Firm’s National Charitable Planning Group.
Robert L. Lancaster, Attorney in Cummings & Lockwood's Naples, Florida, Office Achieves Board Certification in Wills, Trusts and Estates
August 1, 2016This is the highest evaluation of an attorney’s special knowledge, skills and proficiency, as well as a reputation for professionalism and ethics by The Florida Bar. Of the lawyers eligible to practice law in Florida, only 7 percent have earned board certification.
Mary Beth Crawford Named Principal-in-Charge of Cummings & Lockwood's Bonita Springs, Florida Office
August 1, 2016Mary Beth Crawford joined the Firm in 1999 and became a Principal in 2007. She is a member of the Firm’s Private Clients Group where she brings 17 years of experience in estate planning, estate settlement, trust administration and charitable planning. She is also a member of the Firm’s National Charitable Planning Group.
UBI Tax Not Applied to Receivables Left by Decedent
July 25, 2016Originally, all business income of charities and other exempt organizations was free from taxation. Today, the tax on UBI is imposed on the unrelated business taxable income of most exempt organizations.
Trusts & Estates Magazine Website
Cummings & Lockwood Principal, Jessie A. Gilbert, Was Elected to the Board of Trustees at Westport Country Playhouse
June 2016Jessie Gilbert advises high net worth individuals on estate and tax issues, helping them with succession, generation-skipping, and asset protection planning
Jonathan B. Mills Re-elected to Sixth Term as Firm-wide Chairman and Managing Director
June 29, 2016In addition to these responsibilities, he is a Principal in the Firm’s Commercial Real Estate and Corporate & Finance Groups and is based in the Stamford office.
IRS Denies IRC Section 1035 Tax Deferral in Annuity Exchange
June 28, 2016A taxpayer inherited an interest in an annuity from his late father. The taxpayer wished to exchange his interest in the inherited annuity for an annuity sold by a different insurance company.
Trusts & Estates Magazine Website
Cummings & Lockwood Recognized As One of the Leading Trusts and Estates Practices in Connecticut by Chambers
June 28, 2016Cummings & Lockwood is pleased to announce that it has been recognized by Chambers and Partners in their inaugural global High Net Worth Guide -- aimed at the international private wealth market -- as having one of the leading trusts and estates practices in Connecticut, ranking at the top of band 1.
The Fiduciary vs. Sovereign Immunity
June 13, 2016Estates are generally viewed as a legal continuation of a deceased individual: when an individual passes away, any claims that arose before or on an individual’s death may be pursued by or against the estate of that individual.
Trusts & Estates Magazine Website