Category: Estate Planning
January 30, 2019 | Estate Planning
Recent Developments in the Massachusetts Elective Share Law
Most people believe that they can write a Will and choose how their assets will be distributed at their death. This is generally true, however with one notable exception: you cannot disinherit your spouse. In Massachusetts, M.G.L. Ch. 191, Sec. 15 allows a disinherited spouse to choose the so called “elective share” if he or... More
November 29, 2018 | Estate Planning
Year End Estate and Gift Tax Planning Considerations and Opportunities 2018
As the New Year approaches, there are a number of planning techniques that individuals should consider implementing before December 31, and after the first of the year, to take advantage of estate and gift tax savings opportunities. Gifts to Individuals Individuals may limit the growth of their taxable estates by making annual lifetime gifts. The... More
September 30, 2018 | Estate Planning
Celebrities – They Are Just Like Us!
Recent news has shifted from remembrances of Aretha Franklin and all she gave to the music world to discussions of the fact that it appears she did not have an updated and comprehensive estate plan in place to guide the management and distribution of her assets. We have seen this story before – Prince, Heath... More
August 29, 2018 | Estate Planning
Keeping Up With the Johnsons – Who Gets the Kids?
In the episode “The Leftovers” in the hit series Blackish, parents Dre and Bow Johnson realize they have not yet named a guardian for their four children and struggle to decide upon the appropriate person to fill the role. The Johnsons are not alone – according to a 2017 caring.com survey, barely over one-third of people... More