All of us at Blair & Potts wish you and your families health and happiness in 2023. January 4 marked the 30th anniversary of the date Arthur G. Potts, Jr. and Nancy E. Blair started the firm!. . .

2022 Estate & Gift Tax Planning
There were several tax proposals in 2021 that, if enacted, would have reduced federal exemptions or reduced the efficacy of certain types of trusts. No legislation was passed and. . .

November 2020 Election
There is no sugar-coating the obvious: 2020 has been a challenging year. The COVID-19 pandemic, with its global reach, has infiltrated the lives of so many . . .

CARES ACT
On March 27, 2020, the President signed the Coronavirus Aid, Relief and Economic Security Act (CARES). . .

Tax Filing Deadline Also Extended to July 15
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Tax Payment
In response to the COVID-19 outbreak, the IRS has extended the due date . . .

March 2020
Like you, we at Blair & Potts are feeling the impact of the coronavirus on day to day life.. . .

As we enter the 2020's, we would like to focus your attention on a number of changes to federal and state laws that may impact your estate and retirement planning. . . .

The Tax and Jobs Act of 2017 (the "2017 Tax Act") doubled the federal gift, estate and generation skipping transfer ("GST") tax exemptions from their previous levels. In 2019, the inflation adjusted . . .

Estate Planning Techniques in a Low Interest Rate Environment
Interest rates remain at historic lows and it seems that rates will not be rising as quickly as most commentators once thought. Consequently, there are several estate planning techniques clients should . . .

Congress Avoids Fiscal Cliff
President Obama recently signed into law The American Taxpayer Relief Act (ATRA). As many of you know, the passage of ATRA was necessary for the United States to avoid the "fiscal cliff" of expiring . . .

As discussed in our June 2012 Trusts & Estates Advisory, the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2012 (the "Act"), altered the federal estate, gift and generation-skipping . . .

Under legislation passed at the end of 2010, Congress increased the federal estate, gift, and generation-skipping transfer ("GST") tax exemptions to $5,000,000 per person (indexed for inflation) with . . .

As you know, we are just days away from the so-called Congressional "Super Committee" issuing its recommendations for reducing the national deficit.. . .

Recent changes in Connecticut law could have significant impact on existing estate plans.. . .

Tax Relief, Unemployment Insurance Re-Authorization and Job Creation Act of 2010 - Generation Skipping Transfer-Tax Issues Estate and Gift Planning - Presentation to Fairfield County Bar Association. . .

After much anticipation, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "Act") on December 17, 2010. The Act provides a reprieve for . . .

As you have likely heard, President Obama recently signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "Act"). . .

As 2010 draws to a close, it appears that there is finally an agreement in Washington to extend the Bush-era income tax rates. The latest word, as of the date of this letter, indicates that the income . . .

As the year comes to a close, we would like to take this opportunity to provide you with an overview of some of the more interesting changes to the tax law. Now is a good time to review your estate plan . . .

With 2008 coming to a close, we wanted to take this opportunity to apprise you of recent changes in our tax laws. As we have . . .

The administration of an estate involves, at its most basic level, the distribution of an individual’s probate assets remaining after all final debts, taxes and expenses have been paid. If the . . .

Estate planning is a highly personal process of creating, and then maintaining, arrangements for managing your assets during your lifetime and then disposing of them at death. Your estate plan must be . . .