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Abby Landon Explores Community Property at Connecticut Legal Conference
On June 10, Tonkon Torp partner Abby Landon led an estate planning session at the Connecticut Legal Conference, presented by the Connecticut Bar Association. Abby’s talk focused on breaking down the two property systems in the U.S. that apply to married couples—separate property law and community property law. As more estate planning practitioners work with married clients who have property in multiple states that have different property laws, it is important that attorneys can explain each system and how it affects tax and succession planning. Abby defined community property, and noted differences between the nine community property states. She also reviewed how to apply the Uniform Disposition of Community Property Rights at Death Act (UDCPRDA), and how estate planning attorneys can use favorable community property tax treatment to a clients’ advantage.
Abby is the Chair of Tonkon Torp's Estate Planning Practice Group, and a partner in the Business Department and Tax Practice Group. Abby has significant experience in multiple-generation trust and estate planning, family business succession planning, corporate tax law, and tax partnerships. She also assists clients in navigating probate and trust administration and disputes.