Clients often ask, “How much can I gift someone without incurring taxes?” While Massachusetts has no gift tax, there is a federal gift tax, albeit
Whether you choose to do a Massachusetts revocable living trust or a will, you’ll be naming at least one or more beneficiaries — people entitled
The U.S. population is aging. Today, there are more than 46 million older adults age 65 and older living in the U.S. By 2030, 1
Many Massachusetts families choose to get life insurance policies thinking that those policies are a way to provide for their loved ones. The problem is
As older adults age in Massachusetts, they have new options of places where they can live. They can choose a place where they’ll continue to
Some people have the misconception that a Massachusestts trust is only for the uber-wealthy. The truth is that a living trust can work really well
Of course, the easiest plan is to leave your adult kids equal amounts of inheritance. That way, there are no misunderstandings or bad feelings. But
Medical care: You might not be cared for the way you want Nobody wants to think about it, but what if you become incapacitated and
Once you’ve created your estate plan, it’s helpful to do something called a “letter of instruction” to provide your heirs with guidance they can use
Yes, there is a component of estate planning that’s about the distribution of your assets to your beneficiaries. Who gets what money, who gets the
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