News & Insights
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
Heather J. Rhoades Named 2016 Hartford Trusts & Estates Attorney of the Year
May 2016This recognition awards recipients based on their particularly high level of peer recognition in their respective practice area.
Asset Protection or Abusive Tax Planning?
May 16, 2016Former billionaires punished for using offshore trusts as "piggy banks" to defraud the IRS. “Never let a creditor get to your asset, no matter how bad your mistake.”
Trusts & Estates Magazine Website
IRS "Rolls Over" Where Beneficiary Designation Overlooked
May 11, 2016Without professional assistance, it’s easy for an individual to forego updating an essential element of their estate plan: beneficiary designations.
Trusts & Estates Magazine Website
The Legacy IRA: The Charitable IRA Rollover Part II
May 8, 2016Retirees searching for income who also want to give to charity are drawn to charitable remainder trusts and charitable gift annuities. You get lifetime payouts, and the charity gets its share when you die.
Forbes Magazine Website
New Federal Bill Authorizes Charitable Life-Income IRA Rollovers
May 5, 2016A life-income charitable individual retirement account rollover bill (HR5171) (The Legacy IRA Act) has just been introduced this morning by House Ways and Means Committee members.
Trusts & Estates Magazine Website
IRS Rules on Tax Consequences Associated with Early Termination of a Generation-Skipping Taxable Marital Trust
April 24, 2016A surviving spouse was the beneficiary of two marital trusts established under her late husband’s revocable trust agreement.
Trusts & Estates Magazine Website
Improper Payments by Private Foundations
As Donald Trump learned the hard way, the consequences can be costly
March 28, 2016A private foundation, it’s been said, is a large body of money surrounded by those who want some. But, to whom may a private foundation make contributions?
Trusts & Estates Magazine Website
Laura Weintraub Beck of Cummings & Lockwood Receives YWCA Greenwich BRAVA Award
February 4, 2016Established in 1977, the YWCA Greenwich BRAVA Awards recognize outstanding women achievers who have excelled in their professional careers and who also volunteer their time and talent to help others.
Legal Underpinnings for Formulating (And Defending) Estate Plans
December 21, 2015Finding your way through the tax law maze of authorities. A U.S. Supreme Court Justice’s comment on an important criminal law rule is instructive.
Trusts & Estates Magazine
Defining Real Success
January-March 2016How do you define success? For many companies, success is determined solely by monetary return, but for some progressive organizations, helping others is a critical factor when gauging the organization’s success.
Beyond The Gates Magazine