It is very difficult to answer the question of whether parents should discuss their estate plan with their children. When asked this question, my general answer is that it’s up to the client, but that...Read more »
Do you know RUFADAA? Whether you know it or not, you’re living in the time of RUFADAA, also known as the Revised Uniform Fiduciary Access to Digital Assets Act. These days, nearly everyone has digital...Read more »
Massachusetts is one of the states in the United States that has an estate tax. The tax kicks in at $1 million, meaning if an estate has assets over that threshold there may be a...Read more »
Personal property items, such as jewelry, furniture, tools, or railroad cars, are often overlooked in the estate planning context. People tend to focus on real estate and financial assets, but the truth is that personal...Read more »
Irrevocable trusts are sometimes used for certain kinds of asset protection. As the name suggests, these trusts are irrevocable and, for the most part, cannot be amended or revoked. Funding such a trust involves a...Read more »
Why you need a Will (at least). I often tell my clients that the necessity of estate planning is not truly apparent until a person dies without a plan. This leaves children and other loved...Read more »
Important Information for Small Business Owners! Beware of the Domain Listings Scam letter! There is a scam going around, targeting small businesses. We recently received a letter from a company called Domain Listings, claiming to...Read more »
“Blended” families are a more common occurrence in recent times. According to one source, more than forty percent of marriages in this country end in divorce. This is always a point of concern in the...Read more »
We have written on this subject before, but it seems critical at this time of year – when both holidays and bad weather are upon us – to raise again the issue of having proper...Read more »
Medicare, the federal health insurance program for people sixty-five years old and older, and certain other defined classes, provides medical coverage for millions of Americans. The program is split into various “parts”, with Part A...Read more »