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Connecticut Money Statistics 2026: Probate, Estate, Pay and Tax Figures

Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about Connecticut, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.

What stands out about Connecticut

These are the figures where Connecticut differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.

  • Return deadline: 21 days after termination, or 15 days after receiving the tenant’s written forwarding address, whichever is LATER — the only jurisdiction of the 51 we have data for
  • Formation fee: $120 — the only jurisdiction of the 48 we have data for
  • Cash surrender limit: $500,000 — one of only 2 of 48
  • Authorized: no — one of only 4 of 50

What dying costs here

  • Small estate limit: 40000
  • Small estate scope: personal_only
  • State estate tax exemption: 15000000

Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.

Estate and property law status

  • Authorized: no
  • Statute or act: Public Act No. 23-28 (2023), ‘An Act Concerning Remote Notarial Acts’, codified in Conn. Gen. Stat. Title 3 Ch. 15
  • Effective date: 2023-10-01
  • Conditions: NOT audio-video RON – this is remote INK notarization (RIN). Procedure: the notary confirms identity and watches the signer execute in real time by audio-video; the signer then MAILS OR DELIVERS the signed original PAPER document to the notary; the notary applies seal and signature on receipt and…
  • Association name: Connecticut Life and Health Insurance Guaranty Association
  • Death benefit limit: $500,000
  • Cash surrender limit: $500,000
  • Annuity limit: $500,000
  • Aggregate limit: $500,000
  • Statute citation: Conn. Gen. Stat. § 38a-860(g) (Connecticut Life and Health Insurance Guaranty Association Act, §§ 38a-858 to 38a-875)
  • Free look days: 10 days
  • Trigger: receipt of the policy by the applicant
  • Refund basis: The statute states no refund amount; it provides that on delivery or mailing of the returned policy ‘the policy shall be void ab initio’
  • Variations: Fraternal benefit society certificates: a grace period of not less than a full month, or thirty days at the option of the society, for payment of any premium after the first, during which the certificate continues in full force; if the certificate becomes a claim during the grace period before th…

Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.

Working and earning here

  • Quit deadline: Not later than the next regular payday
  • Fired deadline: Not later than the business day next succeeding the date of discharge
  • Statute citation: Conn. Gen. Stat. 31-71c, 31-72
  • Has law: Yes
  • Disclosure trigger: on applicant request or before an offer; and to existing employees on hire, position change, or first request – NOT a job-posting requirement
  • Employer threshold: no threshold – one employee is enough
  • Covers remote roles: unclear
  • Effective date: 2021-10-01
  • Salary history ban: yes
  • Local ordinances: none identified
  • Wage replacement: progressive: 95% of base weekly earnings up to 40x the state minimum wage, then 60% above that, with total weekly compensation capped at 60x the minimum wage
  • Max weeks family: 12 weeks in any 12-month period, plus 2 additional weeks for a serious health condition resulting in incapacitation during pregnancy
  • Max weeks medical: 12 weeks in any 12-month period – the SAME shared 12-week bank as family leave, not a separate entitlement
  • Funding: employee payroll deduction only – statutory maximum one-half of one percent (0.5%) of subject earnings, capped at the Social Security contribution and benefit base; rate set annually by the CT Paid Leave Authority
  • Benefits effective date: 2022-01-01
  • Mandatory: mandatory
  • Test: conditional convenience-of-the-employer: a nonresident includes income from days worked outside Connecticut for that person’s own convenience, but ONLY IF the person’s state of domicile itself uses a similar test
  • Authority: statute
  • Contested: no

Source and full detail: final paycheck laws by state · pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.

Renting here

  • Deposit cap: 2 months’ rent for tenants under 62; 1 month’s rent for tenants aged 62 or older
  • Return deadline: 21 days after termination, or 15 days after receiving the tenant’s written forwarding address, whichever is LATER
  • Interest required: yes
  • Statute citation: Conn. Gen. Stat. 47a-21

Source and full detail: security deposit law by state. Figures copied from those pages, which own them.

Starting a business here

  • Formation fee: $120
  • Annual report: $80
  • Publication requirement: none
  • Statute citation: C.G.S. 34-243u (fees); C.G.S. 34-247k (annual report)
  • Five year total: at least $520

Source and full detail: LLC cost by state. Figures copied from those pages, which own them.

Tax treatment here

  • Has law: Yes
  • Treatment: ordinary income
  • Rate: top marginal 6.99%
  • Preferential mechanism: none
  • Tax year: 2026
  • Statute citation: Conn. Gen. Stat. § 12-700

Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.

For journalists: how to cite this

Clear Money Guide, Connecticut Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/connecticut/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.

What this sheet does and does not contain

This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 51 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.

Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also Connecticut financial adviser statistics and all 51 state money sheets.

General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.