Many family businesses don't plan for succession very well. This can happen - or not happen - for various reasons. As Massachusetts business succession planning lawyers, we know how difficult such decisions can be. Sometimes the lack of succession planning is due to...
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Year: 2011
Baby Boomers Face Issues About Helping Elderly Parents
On Behalf of Cushing & Dolan, P.C. | Oct 12, 2011 | Elder Law
Old age isn't for "sissies," warned the legendary actress Betty Davis years ago. The financial downturn since 2007 has made those words truer than ever. And they have made estate planning and elder law issues more and more important. The economics of growing old...
Massachusetts Gets Mediocre Marks in Nursing Care
On Behalf of Cushing & Dolan, P.C. | Sep 20, 2011 | Elder Law
term care nursing facility. Inevitably, it is one of the most difficult decisions in any family's life, regardless of the specific elder law issues involved. In Massachusetts, that decision certainly isn't made any easier by the mediocre marks given to the state's...
Cultivate Your Garden by Reviewing Your Investments and Estate Plan
On Behalf of Cushing & Dolan, P.C. | Aug 8, 2011 | Estate Planning
The debt ceiling debate is now last week's news, but the financial shoes continue to drop. Standard & Poor's downgraded the credit rating on U.S. debt, prompting a substantial sell-off of stocks today on Wall Street. And the economic turbulence affecting...
Cambridge Case Highlights Equity Issues Regarding Same-Sex Marriage and Taxation
On Behalf of Cushing & Dolan, P.C. | Jul 12, 2011 | Same-Sex Marriage
Equity means treating similarly situated individuals equally. But how do you do that, exactly, when it comes to gay or lesbian couples who do not receive the same benefits as heterosexual couples under federal law? Same-sex marriage has been legal in Massachusetts for...
Role Reversal in the Care of Elderly Parents: Recognize the Issues
On Behalf of Cushing & Dolan, P.C. | Jul 5, 2011 | Elder Law
Role reversal in a parent-child relationship is never easy. For adult children who grew up in stable families, it can be a particularly tricky emotional change, having to give up the old image of parents who always take care of things. A Massachusetts psychologist, Dr...
New Form Seeks to Make End-of-Life Medical Choices Clearer
On Behalf of Cushing & Dolan, P.C. | Jun 14, 2011 | Elder Law, Estate Planning
Far too often, patients in care facilities do not receive the type of end-of-life care that they really want. The problem is not merely that so many patients have waited until they have serious health issues before seeking to give voice to their preferences regarding...
Recent Tax Deal Encourages Wealth Transfers to Heirs
On Behalf of Cushing & Dolan, P.C. | May 20, 2011 | Estate Planning
A deal reached by President Barack Obama and Republican legislators will allow the wealthy to more easily transfer money to their heirs. The Bush Administration's tax rules were set to expire at the end of 2010, and lawmakers had to act fast when they made the deal in...
New Massachusetts Law on Pet Trusts
On Behalf of Cushing & Dolan, P.C. | May 5, 2011 | Estate Planning
If you love your pet, you are not alone. More than 1 of every 3 Massachusetts households has at least one cat or dog, according to estimates by the Massachusetts Society for the Prevention of Cruelty to Animals. And that's not even counting birds and other types of...
Retirement Planning: Some Considerations
On Behalf of Cushing & Dolan, P.C. | Apr 6, 2011 | Estate Planning, Retirement Planning
For decades, American workers had it figured out. Many people would spend their careers at a single company and then retire at 65 with pensions that would carry them through their senior years. Everyone did not get a gold watch, but retiring with a good pension was...
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