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October 2017 Archives

Passing on wealth to the next generation

As you watch your children grow and perhaps also have careers, partners and children of their own, it will likely become increasingly important to you that you take care of the wealth that you've acquired during your lifetime, so that you can pass it on to the next generation. One great way to do this is through a living trust, which is a more flexible alternative to a will.

What are health care proxies?

When people are writing their wills or living trusts, they are wise to think about any possible scenario that might arise after their death or during their lifetime when they might become incapacitated or of ill health. They naturally will want to prepare as much as possible for all scenarios, so that they can be in control of their future and the future of their assets.

How tax audits work in Massachusetts

If you have recently inherited part of an estate, you may feel burdened with the prospect of filing your estate taxes for the first time. You might also be worried about the likelihood of an audit being done, and would like to be as prepared as possible. The good news is that as long as you follow the tax procedure in Massachusetts systematically and carefully, you have no reason to worry about a tax audit and its consequences.

Should you fund a spendthrift trust for one of your heirs?

When parents and grandparents devise estate plans in order to leave their beneficiaries legacies, sometimes their estate planning attorneys may recommend establishing something called a spendthrift trust for one or more heirs. But what are these trusts, and for whom are they ideal?

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Waltham, MA 02451

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25 Braintree Hill Office Park
Suite 406
Braintree, MA 02184

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Suite 159
Cranston, RI 02920

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Hyannis, MA 02601

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520 Providence Highway
Suite 10
Norwood, MA 02062

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276 Turnpike Road
Suite 228
Westborough, MA 01581

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444 Washington Street
Suite 203
Woburn, MA 01801

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