News & Insights
A Review of Code Section 754 and Its Tax Consequences
November 2016Subchapter K sometimes treats a partnership as a separate entity, which is distinct from its partners, and other times treats a partnership as an aggregate of individuals, each of whom owns an undivided interest in partnership assets.
Bloomberg BNA Tax Management Real Estate Journal
Cummings & Lockwood Welcomes David A. Ludgin, Esq. to the Firm's Bonita Springs, Florida Office
October 25, 2016David Ludgin's practice focuses on estate planning and administration, charitable planning and closely-held business succession planning. Prior to joining Cummings & Lockwood, he practiced with the law firm of McCarter & English in New Jersey for over 35 years.
16 Cummings & Lockwood Attorneys Have Been Named 2016 Connecticut Super Lawyers and Rising Stars
October 24, 2016Cummings & Lockwood is pleased to announce that 12 attorneys have been selected to the 2016 Connecticut Super Lawyers list and four attorneys have been selected to the 2016 Rising Stars list.
Naples and Bonita Springs Offices Participate in Moe's Corporate Run
October 12, 2016The Moe’s Corporate Run is a 3 mile run/walk which was open to all employees and families of local corporations, businesses, government offices and institutions.The goal of the Corporate Run was to encourage people to be physically active. The Race benefited The Shelter for Abused Women.
U.S. Government Extends Reach as Creditor Beyond the Insolvent Estate
September 20, 2016A widow with four minor children was faced with a predicament. When her husband died, he owed more than $340,000 in unpaid federal income tax liabilities.
Trusts & Estates Magazine Website
Gene Wilder's Real-Life Golden Ticket
September 11, 2016Gene Wilder was a celebrated actor best known for his role as Willy Wonka. What Wilder is less recognized for, but which is maybe even more admirable, is his philanthropic efforts to raise awareness about ovarian cancer.
Trusts & Estates Magazine Website
Client Alert - IRS Proposes Dramatic Changes in Valuation Discounts For Family-Owned Businesses and Entities For Gift and Estate Purposes
August 31, 2016On August 2, 2016, the IRS proposed major changes to the Regulations under Section 2704 of the Internal Revenue Code affecting how interests in family-held businesses are to be valued when transferred among family members.
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.
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.
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.