Trusts 101: Exploring Different Types and Their Benefits

Trusts vs Wills

When it comes to securing your family’s financial future, understanding the role of trusts is essential. In this comprehensive guide, we’ll delve into the basics of trusts, exploring different types and the myriad of benefits they offer for estate planning. Understanding Trusts A trust is a legal entity that holds and manages assets on behalf […]

Understanding Creditor Periods in Probate – Massachusetts, New Hampshire, and Florida

Probate is a complex and multifaceted process that involves a series of legal, financial, and administrative tasks aimed at ensuring the seamless transfer of assets to beneficiaries upon one’s passing. It’s crucial to be aware of the specific rules and regulations that govern the distribution of assets from an estate. In this article, we’ll delve […]

Estate Tax Planning: Minimizing the Estate Tax Burden

Estate tax planning plays a crucial role in minimizing the estate tax burden that your heirs might face. Understanding the essentials of estate tax planning can help reduce the impact of estate taxes. Understanding Estate Taxes in Massachusetts Estate taxes, often referred to as “death taxes,” are levied on the value of your estate when […]

The Corporate Transparency Act

In an era dominated by global commerce and intricate financial networks, the necessity for corporate transparency has become increasingly apparent. Recognizing this imperative, the United States Congress took a significant step forward by passing the Corporate Transparency Act (CTA) in 2021. This groundbreaking legislation aims to enhance the transparency of beneficial ownership information, fortify national […]

Revolutionizing Estate Planning in Massachusetts: Navigating the Impact of the New Estate Tax Landscape

In a groundbreaking move, Massachusetts legislators unveiled a transformative $1 billion tax relief package on September 26, 2023, which was swiftly enacted into law by Governor Maura Healey on October 3, 2023. This comprehensive legislation, designed to provide relief to families, businesses, and individuals across the state, carries profound implications for existing estate plans, with […]

Living Trusts vs. Wills: Which Is Right for You?

Trusts vs Wills

Planning for the future is crucial, especially when it comes to protecting your assets and loved ones. Estate planning provides the opportunity to make important decisions about how your estate will be handled after you’re gone. In this realm, two common options arise: living trusts and wills. Both serve important purposes, but understanding the differences […]

Navigating the Tax Implications of Selling Real Estate Subject to Probate

Estate planning attorneys play a vital role in helping clients protect their assets and ensure a smooth transition of wealth to their loved ones upon passing. In the states of Massachusetts, New Hampshire, and Florida, where we practice, the tax implications of selling real estate subject to probate can be a complex and crucial aspect […]

Long-Term Care Planning and Asset Protection: Safeguarding Your Future

As experienced estate planning lawyers, we understand the importance of safeguarding your assets and ensuring your future well-being. In this article, we will provide you with valuable insights into the complexities of long-term care planning and how it can be an integral part of your overall estate plan. The Rising Importance of Long-Term Care Planning […]

How to protect assets of a parent with dementia from being taken by a care giver?

ADDITIONAL INFORMATION: My father has been diagnosed with advanced dementia.  He started seeing someone he met online.   She has restricted access to him from his friends and family and controls his finances. She has moved him and changed his phone number. We don’t want to go to court to declare him incompetent as he’d never […]

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