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The Connecticut Probate Court system is a system of 54 individual probate courts located throughout the state of Connecticut. The jurisdiction of each court extends to the legal affairs of the deceased, estates, some aspects of family law, conservatorship , and several other matters requiring specific legal decisions. [ 1 ]
A probate court (sometimes called a surrogate court) is a court that has competence in a jurisdiction to deal with matters of probate and the administration of estates. [1] In some jurisdictions, such courts may be referred to as orphans' courts [ 2 ] or courts of ordinary.
In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the jurisdiction where the deceased resided at the time of their death.
Family offices started gaining popularity in the 1980s, and since 2005, as the ranks of the super-rich grew to record proportions, family offices swelled proportionately. [13] In 2007, the case of the Ayer family office highlighted family office risk when a "family confidant allegedly siphoned about $58 million away in a few years." [9]
Following is a list of current and former courthouses of the United States federal court system located in Connecticut.Each entry indicates the name of the building along with an image, if available, its location and the jurisdiction it covers, [1] the dates during which it was used for each such jurisdiction, and, if applicable the person for whom it was named, and the date of renaming.
The preparation of a final accounting is the last stage of the accounting cycle. It determines the financial position of the business. Under this, it is compulsory to make a trading account, the profit and loss account, and balance sheet. The term "final accounts" includes the trading account, the profit and loss account, and the balance sheet.
After the testator has died, an application for probate may be made in a court with probate jurisdiction to determine the validity of the will or wills that the testator may have created, i.e., which will satisfy the legal requirements, and to appoint an executor. In most cases, during probate, at least one witness is called upon to testify or ...
Individuals, partnerships and family corporations own 98% of the nation's 2.2 million farms and ranches. The estate tax may force surviving family members to sell land, buildings, or equipment to continue their operation. [83] The National Farmers Union advocated relief for farmers by increasing the exemption per estate to $5 million. [84]
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