Inheritance & Estate Tax
Inheritance & Estate Tax

Stamford Estate Tax Attorneys

Greenwich Inheritance & Estate Tax Lawyer

Connecticut Inheritance Tax Lawyers in Greenwich and Westport

Whether you are creating an estate plan for your own estate or you are the heir to someone else’s estate, inheritance and estate taxes can become a major concern. If you are looking for guidance about these complex estate planning issues, contact an experienced Connecticut inheritance and estate tax attorney from Ivey, Barnum & O’Mara, LLC. We can provide the guidance you need to ensure that you pay the appropriate taxes without paying unnecessary or excessive penalties.

Who is Responsible for Inheritance and Estate Taxes?

In most cases, the person who inherits assets is responsible for paying all applicable taxes, including both state and federal inheritance and estate taxes. The amount of those taxes can vary dramatically depending on a number of factors including how much the estate or assets are worth and where the assets are held, as each state has its own tax laws in addition to the federal ones. Both New York and Connecticut are among the states that collect a state tax on inheritances, so it is important to account for this whether you are the heir or the person who will be distributing their assets.

How Can a Connecticut Estate Tax Lawyer Help?

An experienced and local Connecticut or New York inheritance and estate tax attorney from Ivey, Barnum & O’Mara, LLC can help you minimize the taxes you or your beneficiaries will need to pay. With the thoughtful use of trusts, as well as a clear estate plan and/or Will, your assets will be transferred without putting your heirs in the position to pay potentially unnecessary and excessive taxes at both the federal and the state level.

Our firm has over five decades of local experience in both Connecticut and New York to ensure that you receive the best possible representation on inheritance and estate tax issues. We take pride in building lasting relationships with our clients and their families. This allows us to serve second and third generations of some of our original clients. When you choose to work with us, you can count on the personalized attention you deserve from your lawyer.

If you have an inheritance and estate tax concern, contact our Stamford estate tax attorneys today. We are licensed in both Connecticut and New York, serving clients throughout both states. We assist those in Greenwich, Stamford, Westport, Norwalk, and Danbury, as well as other communities in Fairfield County, Westchester County, and New York City.