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On Behalf of Cushing & Dolan, P.C. | Dec 28, 2017 | Estate Taxes
Only a small minority of people are affected by federal estate tax. In fact, between December 2012 and March 2016, only .2 percent of Americans needed to pay federal taxes on their estate. However, state taxes are still applicable to many Americans today. Federal...
On Behalf of Cushing & Dolan, P.C. | Dec 22, 2017 | Wills
Creating a will or a trust is as much about planning the legacy that you will leave for future generations as it is about achieving a peace of mind for yourself so that you know everything will be taken care of at the end of your life. In this way, it is natural for...
On Behalf of Cushing & Dolan, P.C. | Dec 15, 2017 | Wills
There are several different types of probate procedures when dealing with a deceased person's estate, and this can mean that it can be overwhelming to choose the best process for the situation that you are facing. The following is an overview of the four probate...
On Behalf of Cushing & Dolan, P.C. | Dec 8, 2017 | Estate Administration & Probate
When you are in the midst of your grief following a spouse's death, carrying out even the simplest of tasks can be too difficult. You might prefer to stay in bed all day mourning your loss. However, you may be the one tasked with the responsibility of administering...
On Behalf of Cushing & Dolan, P.C. | Dec 1, 2017 | Wills
After a person dies, the will that he or she left will be put forward for probate so that the proceedings can begin. However, it cannot just be taken for granted that the will was written by the person in question. It must be "proved." In this process, the witness of...
On Behalf of Cushing & Dolan, P.C. | Nov 24, 2017 | Trusts
The terms of a good trust are just as much about protecting your assets as they are about distributing them. Of course you want your children and grandchildren to be able to enjoy your hard-earned estate, but do you really want your 18-year-old grandchild to blow it...
On Behalf of Cushing & Dolan, P.C. | Nov 17, 2017 | Estate Administration & Probate
If you feel as though the years of retirement are far away, you might not have given your estate plan a second thought. But the fact is that whether you have created one or not, you already have an estate plan. This is because the state has general laws that will come...
On Behalf of Cushing & Dolan, P.C. | Nov 10, 2017 | Wills
When a person makes a will, it is assumed that he or she is mentally stable and capable enough to make the decisions required. However, there can be cases where a person is not capable of making a rational decision. In these cases, they may make frivolous decisions or...
On Behalf of Cushing & Dolan, P.C. | Nov 3, 2017 | Estate Taxes
The current leaders of the House of Representatives are proposing some major tax cuts that could, if passed, affect both corporate and individual taxes. The goal is to simultaneously grow the economy by making more jobs possible and letting workers keep more of their...
On Behalf of Cushing & Dolan, P.C. | Oct 27, 2017 | Trusts
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...