Did you know that long-term care costs in Massachusetts can reach over $10,000…per month! That’s over $120,000 per year. Not many people, especially in these tough economic times, can afford
Currently, there are several online companies hawking do-it-yourself estate planning kits they claim alleviate the need to consult with a qualified estate planning attorney. However,
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.
An Irrevocable Living Trust can in some ways be compared to a car without gas: it only works for you when you put something in it. Creating an Irrevocable Trust
The holiday season is here and now may be a good time to start conversations with loved ones about the future and their estate planning needs. As difficult as it
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
A supplemental needs trust (also known as a “special needs” or “(d)(4)(a)” trust) allows a disabled beneficiary to receive gifts, lawsuit settlements, or other funds
In many ways a revocable living trust is similar to a Will: both allow you to leave money and property to loved ones at your
