Important Changes to Tax Planning for Estates Over $1M
For most Massachusetts residents, one million dollars is a sizeable estate. For Massachusetts estate tax planning, the $1M mark is an important threshold because that
For most Massachusetts residents, one million dollars is a sizeable estate. For Massachusetts estate tax planning, the $1M mark is an important threshold because that
Creating a life estate in Massachusetts can help protect your investment in your home, keep an important asset in the family and reduce your estate
If you have an estate plan (which you should), when was the last time you looked at it? Chances are it got stuck on a
The Massachusetts estate tax exemption is currently set at $1 million, while the Federal estate tax exemption is $5,000,000. However, in 2013, the Federal estate
Last month House Rep. Jim McDermott (D-WA) introduced “The Sensible Estate Tax Act of 2011,” the full text of which is now available here: H.R.
When embattled former Penn State football coach Joe Paterno recently “sold” his home to his wife for $1, more than a few eyebrows were raised.
Typically, retirement plans require that you designate a beneficiary who will receive the asset when you pass. Such assets are considered ‘non-probate’ assets because they
Many seniors look to provide for their family by transferring their home to their children. The home often represents a family’s largest asset, as well
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