Some people hear the term estate planning and think it's something their parents may need to consider or maybe something to think about as one gets older. The reality of it all is that people can benefit from having a plan at any age in Massachusetts. The focus...
Getting older is a natural part of life and the number of older Americans will grow exponentially in the next few years as the majority of baby boomers in Massachusetts and around the country reach retirement age. Contemplating one's mortality is not easy but...
Another New Year has arrived and one's thoughts may turn to the future and possibly to the legacy that one might eventually want to leave for loved ones. Confronting mortality may not seem to be an appealing task, but it is inevitable as no one gets out of here alive....
Another year is coming to an end in Massachusetts. The year end brings with it a time of reflection in reviewing the past year and anticipation of what the new year may hold. Families gather and reflect and look forward together. Aging relatives may be concerned about...
The end of another year is approaching in Massachusetts. Thoughts may inadvertently turn to tax time but it can also be an excellent time for some proactive estate planning. The tax law affords one the opportunity to share a portion of one's estate during a person's...
The end of another year is approaching, and people often take time to contemplate the year that has passed and look forward and plan for the year to come. As the population of Massachusetts and the rest of the country continues to age, thoughts naturally turn to...
It is often said that the only certainties in life are death and taxes. Sadly, death does not preclude the need to pay taxes. In addition to the distribution of an estate according to the deceased's will or trust, taxes must be paid by the estate. If the deceased did...
The family dynamic in Massachusetts and elsewhere around the country is changing. This is particularly important to be aware of as people approach retirement age. In prior generations, the majority of people entering retirement and approaching old age relied, to some...
Another year is coming to an end in Massachusetts. With the beginning of 2020, certain parameters and maximums are changing regarding estate and gift taxes. Among these are new limits on estate and gift amounts. Both provide important tools for estate planning.The...
The makeup of a family has changed considerably over the years in Massachusetts and around the nation. As couples divorce and remarry, blended families have become more and more common where the makeup of a family can consist of half and stepsiblings. Estate planning,...