real estate blog

What is Real Estate and How Does it Work?

Answer: Real estate refers to property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water. Real estate can be bought, sold, or rented, and is a major part of the economy. Real estate agents and brokers help facilitate transactions between buyers and sellers, and there are many different types of real estate investments, such as residential, commercial, and industrial properties.
Feb152019
Estate Tax Return

Does a Surviving Spouse Have To File An Estate Tax Return?

Will You Owe Taxes On Your Spouse’s Estate? Currently, the estate tax exemption in Connecticut is $12.92 million per person. So although an Estate Tax Return must be filed for every decedent, tax is due from very few estates. And even if the decedent’s assets exceeded $12,920,000, there is an unlimited marital deduction, so if…

Read more