Entries Categorized as 'Taxes'

Connecticut Estate and Gift Tax

July 28, 2008

Is the Connecticut Estate and Gift Tax Determined in the Same Manner as the Federal Estate Tax?
No. Although the Connecticut Estate and Gift Tax, like the federal estate and gift tax, is a unified system of taxing gifts and estates, there is no longer any direct connection between the state and federal taxes. With respect [...]

What Taxes Might Be Due at the Time of Death?

July 28, 2008

Taxes payable as a result of death include one to the federal government called the Federal Estate Tax, which is reported on federal form 706 and another to the State of Connecticut known as the Connecticut Estate and Gift Tax, which is reported on form CT 706/709. There may also be taxes payable to other [...]